Resolution Inc

Analysis

Resolution Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in November 1974, 52 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 October 2023, Resolution Inc reported income of $511k and spending of $641k, spending 126% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income fell from $643k to $511k (-21%), an average of -5.6% a year. The sharpest change came in the year to October 2022, when income dropped by 31%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Resolution Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Poinsettia Center for the Arts ($511k), Gumbo Limbo Coastal Stewards Inc ($511k) and Louisville Story Program Inc ($511k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 0.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $109k (17% of expenses). At year end it held assets of $893k against liabilities of $37k, net assets of $856k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.