Resonance Works

Analysis

Resonance Works is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Resonance Works reported income of $189k and spending of $248k, spending 131% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $151k to $189k (+25%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 121% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Resonance Works sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include Cohasset Historical Society 14 ($189k), Pacific Prowler Nonprofit ($189k) and Saejong Society of Metropolitan Detroit ($189k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. At year end it held assets of $22k against liabilities of $14k, net assets of $8,226.