Giving Voice Initiative
- Assets
- $359.1k
- Revenue
- $334.2k
- Investments
- $0.0
- Employees
- 6
- Location
- Edina, MN
- Founding
- 07/2015
- Data as of
- 08/2023
- EIN
- 47-4484086
Organization Overview
Giving Voice Initiative is located in Edina, MN. The organization was established in 2015. According to its NTEE Classification (A6B) the organization is classified as: Singing & Choral Groups, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2023, Giving Voice Initiative employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Giving Voice Initiative is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, Giving Voice Initiative generated $334.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $326.5k during the year ending 08/2023. While expenses have increased by 25.8% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
INSPIRES AND EQUIPS ORGANIZATIONS TO BRING TOGETHER PEOPLE WITH ALZHEIMER'S AND THEIR CARE PARTNERS TO SING IN CHORUSES THAT FOSTER JOY, WELL-BEING, PURPOSE, AND COMMUNITY UNDERSTANDING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHOIRS: GVI PROVIDES FUNDING AND SUPPORT FOR THREE CHOIRS IN THE TWIN CITIES THAT INVOLVE PERSONS WITH DEMENTIA AND THEIR CAREGIVERS. THESE CHORUSES WEEKLY ENGAGE 180+ PEOPLE IN SINGING AND LEARNING NEW MUSIC FOR PUBLIC PERFORMANCES. THERE ARE TWO 16-WEEK SESSIONS EACH YEAR AND ONE 8-WEEK SESSION IN THE SUMMER LED BY A PROFESSIONAL MUSIC DIRECTOR. THESE CHORUSES SERVE AS LEARNING LABORATORIES FOR GVI AND ASSIST IN THE DEVELOPMENT AND REFINING OF CHORUS PROGRAMMING.
OUTREACH: GVI BUILDS AWARENESS AND UNDERSTANDING OF THE POWER OF PARTICIPATING IN CHORAL SINGING FOR THOSE WITH ALZHEIMER'S. THIS OUTREACH IS DONE BY EDUCATING THE COMMUNITY THROUGH NATIONAL CONFERENCES, COMMUNITY PRESENTATIONS, PARTNERSHIPS WITH RESEARCH ORGANIZATIONS, AND NATIONAL LEADERSHIP GATHERINGS FOR DEMENTIA-FRIENDLY CHORUSES AROUND THE COUNTRY.
CONSULTING: GVI SUPPORTS THE LAUNCH AND SUSTAINABILITY OF NEW CHORUSES FOR PERSONS LIVING WITH ALZHEIMER'S AND THEIR CARE PARTNERS. GVI PROVIDES CONSULTING EXPERTISE ON ALZHEIMER'S PROGRAMMING AND MUSICAL/ARTS PRODUCTION TO MAXIMIZE THE POTENTIAL OF COURSE DESIGN AND COMMUNITY PERFORMANCES THAT CHANGE THE STIGMA OF ALZHEIMER'S. THIS CONSULTING INCLUDES THE USE OF THE GVI TOOLKIT, AN ONLINE DOWNLOADABLE RESOURCE THAT PROVIDES A STEP-BY-STEP GUIDE FOR PERSONS INTERESTED IN A CHORUS, QUARTERLY WEBINARS, AND THE GV LEARNING COMMUNITY, A NETWORK OF CHORUSES AROUND THE GLOBE COMMITTED TO SHARING BEST PRACTICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Jensen Member | Trustee | 1 | $0 |
Keath Young Treasurer | OfficerTrustee | 1 | $0 |
Frank Bennett Chair | OfficerTrustee | 1 | $0 |
Richard Golden Member | Trustee | 1 | $0 |
Helen Jackson Lockett-El Secretary | OfficerTrustee | 1 | $0 |
Shahzore Shah Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $9,492 |
| Related organizations | $0 |
| Government grants | $57,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $242,614 |
| Noncash contributions included in lines 1a–1f | $43,557 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $309,606 |
| Total Program Service Revenue | $13,454 |
| Investment income | $7,505 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$48 |
| Net Income from Fundraising Events | $3,682 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $334,199 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $66,428 |
| Compensation of current officers, directors, key employees. | $6,643 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $79,548 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,122 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,488 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $21,348 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,104 |
| Advertising and promotion | $4,368 |
| Office expenses | $8,417 |
| Information technology | $4,753 |
| Royalties | $0 |
| Occupancy | $11,940 |
| Travel | $2,567 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $335 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $304 |
| Insurance | $1,850 |
| All other expenses | $0 |
| Total functional expenses | $326,506 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $338,283 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,497 |
| 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 | $2,315 |
| 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 | $359,095 |
| Accounts payable and accrued expenses | $12,198 |
| Grants payable | $0 |
| Deferred revenue | $500 |
| 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 | $1,029 |
| Total liabilities | $13,727 |
| Net assets without donor restrictions | $345,368 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $359,095 |