Democracy Fund Voice Inc
- Assets
- $4.1m
- Revenue
- $19.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-5051755
Organization Overview
Democracy Fund Voice Inc is located in Washington, DC. The organization was established in 2014. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Democracy Fund Voice Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Democracy Fund Voice Inc generated $19.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 69.0% each year . All expenses for the organization totaled $18.0m during the year ending 12/2021. While expenses have increased by 56.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Democracy Fund Voice Inc has awarded 143 individual grants totaling $37,428,788. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AN ORGANIZATION THAT CONDUCTS AND SUPPORTS ADVOCACY TO PRODUCE A STRONGER U.S. DEMOCRACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOVERNANCE AND ACCOUNTABILITY:DEMOCRACY FUND VOICE BELIEVES THAT CHECKS AND BALANCES, THE RULE OF LAW, AND HEALTHY GOVERNING INSTITUTIONS ARE ESSENTIAL FEATURES OF OUR CONSTITUTIONAL SYSTEM. WE SUPPORT ORGANIZATIONS THAT DEFEND AGAINST ABUSES OF POWER, EMPOWER CONGRESS TO EMBRACE ITS ARTICLE ONE POWERS, AND HELP STRENGTHEN CONGRESS' ABILITY TO FUNCTION AND RESPOND TO THE NEEDS OF THE AMERICAN PEOPLE.
PARTICIPATION AND ELECTIONS:DEMOCRACY FUND VOICE BELIEVES OUR COUNTRY IS STRONGER WHEN MORE AMERICANS ARE CIVICALLY ENGAGED AND WHEN MORE ELIGIBLE VOTERS PARTICIPATE AND ARE FULLY INFORMED IN ELECTIONS. WE SUPPORT ORGANIZATIONS THAT ADVANCE NEW TOOLS AND POLICIES THAT AMPLIFY PUBLIC WILL, PROTECT CIVIL RIGHTS, AND ENSURE THE ELECTION SYSTEM WORKS FOR A DIVERSE ELECTORATE. WE ALSO SUPPORT ORGANIZATIONS WHO EDUCATE, REGISTER, AND ACTIVATE VOTERS.
JOURNALISM AND MEDIA:DEMOCRACY FUND VOICE BELIEVES THAT VIBRANT MEDIA ORGANIZATIONS FROM LOCAL NEWS OUTLETS TO PUBLIC MEDIA TO THE SOCIAL MEDIA PLATFORMS -- ARE ESSENTIAL TO ENGAGING VOTERS, COMBATTING MIS- AND DIS-INFORMATION, AND HOLDING POWER TO ACCOUNT. WE SUPPORT ORGANIZATIONS ADVOCATING FOR NEW POLICIES AND PRACTICES THAT ENSURE VOTERS HAVE THE PUBLIC SQUARE THEY DESERVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacy Donohue Director, Treasurer | OfficerTrustee | 0.25 | $0 |
Jeffrey Alvord Director, Secretary | OfficerTrustee | 0.46 | $0 |
Joseph Goldman President | Officer | 19 | $0 |
Isaiah Castilla General Counsel, Secretary | Officer | 5 | $0 |
Deepa Isac General Counsel & Secretary | Officer | 5 | $0 |
Pierre Omidyar Chairman | Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bridgespan Social Impact Consulting | 12/30/21 | $552,000 |
Mission Partners Llc Consulting | 12/30/21 | $250,000 |
Ballard Spahr Llp Consulting | 12/30/21 | $225,238 |
Steptoe & Johnson Llp Consulting | 12/30/21 | $192,000 |
Gupta Wessler Pllc Consulting | 12/30/21 | $130,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,762,101 |
| Noncash contributions included in lines 1a–1f | $19,762,101 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,762,101 |
| Total Program Service Revenue | $0 |
| Investment income | $559 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$65,241 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,697,419 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,262,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,645 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $192,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,255,349 |
| Advertising and promotion | $0 |
| Office expenses | $4,432 |
| Information technology | $53,698 |
| Royalties | $0 |
| Occupancy | $139,832 |
| Travel | $861 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $470 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,802 |
| Insurance | $0 |
| All other expenses | $12,060 |
| Total functional expenses | $17,988,374 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,565,854 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $500,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,065,854 |
| Accounts payable and accrued expenses | $1,390,626 |
| Grants payable | $780,000 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $945,833 |
| Total liabilities | $3,116,459 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $949,395 |
| Total liabilities and net assets/fund balances | $4,065,854 |
Grants Awarded
Over the last fiscal year, Democracy Fund Voice Inc has awarded $13,467,000 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: Program support for Tech Justice Action Fund | $3,300,000 |
Washington, DC PURPOSE: Program support for Fair Representation in Redistricting Action Fund | $1,000,000 |
Washington, DC PURPOSE: Program support for The Hub Project | $650,000 |
Washington, DC PURPOSE: Program support to advance democracy, accountability, and election security | $550,000 |
Washington, DC PURPOSE: Program support for the Trusted Elections Action Fund | $500,000 |
Oakland, CA PURPOSE: General support for primary purpose activities | $400,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Democracy Fund Voice Inc Washington, DC | $4,065,854 | $19,697,419 |
Center For The Study Of Social Policy Washington, DC | $21,257,623 | $17,047,188 |
Regulatory Affairs Professionals Society Rockville, MD | $9,226,443 | $11,018,465 |
Issue One Washington, DC | $6,409,189 | $6,980,798 |
Public Affairs Council Inc Washington, DC | $11,621,204 | $5,655,372 |
Commercial Vehicle Safety Alliance Greenbelt, MD | $5,175,740 | $5,464,465 |
Living Classrooms Foundation Baltimore, MD | $10,378,836 | $6,289,035 |
Students For Life Action Fredericksburg, VA | $1,451,921 | $3,948,083 |
Public Access Corporation Of The District Of Columbia Washington, DC | $11,735,762 | $3,589,628 |
The Congressional Institute Inc Alexandria, VA | $6,719,545 | $3,277,666 |
Civil Justice Reform Group Great Falls, VA | $1,472,377 | $2,732,622 |
Earth Intelligence Network Oakton, VA | $0 | $2,617,616 |