Volti
- Assets
- $238.0k
- Revenue
- $294.1k
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 06/1981
- Data as of
- 08/2023
- EIN
- 94-2699509
Organization Overview
Volti is located in San Francisco, CA. The organization was established in 1981. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Volti 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, Volti generated $294.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $261.4k during the year ending 08/2023. While expenses have increased by 3.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
VOLTI IS DEDICATED TO THE DISCOVERY CREATION AND PERFORMANCE OF NEW VOCAL MUSIC.THE ENSEMBLE'S MISSION IS TO FOSTER AND SHOWCASE CONTEMPORARY AMERICAN MUSIC & COMPOSERS,AND TO INTRODUCE CONTEMPORARY VOCAL MUSIC FROM AROUND THE WORLD TO LOCAL AUDIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONCERTS: VOLTIS 44TH SEASON INCLUDED SELF-PRODUCED CONCERTS IN NOVEMBER 2022 PRESENTING PREMIERES OF OCHRE BY CAROLINE SHAW AND INK BY PAMELA Z, AND CONCERTS IN MAY 2023 PRESENTING CONTEMPORARY MUSIC BY MARCOS BALTER, YU-HUI CHANG, LJ WHITE, EMILY KO, AND MARK WINGES.
OTHER (CONTRACT WORK FOR COMPOSERS, FESTIVALS AND PRESENTERS): READING OF NEW WORKS BY COMPOSER GORDON GETTY IN DECEMBER 2022. PERFORMANCE AT FESTIVAL NAPA VALLEY IN JULY 2023, PREMIERE OF LENA AUERBACHS SYMPHONY #6, VESSELS OF LIGHT, PLUS WORKS BY GETTY.
OTHER (COLLABORATIONS WITH OTHER ARTS ORGANIZATIONS): COLLABORATION WITH CHOREOGRAPHER KT NELSON AND ODC/DANCE, REPRISING PATH OF MIRACLES PERFORMANCES IN GRACE CATHDRAL, SAN FRANCISCO, IN FEBRUARY 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard J Collier President & CEO | OfficerTrustee | 2 | $0 |
Mary Anne Shattuck Treasurer & CFO | OfficerTrustee | 2 | $0 |
Mark Shattuck Director | Trustee | 1 | $0 |
Emily M DE Falla Director | Trustee | 1 | $0 |
Catherine Heagerty Secretary | OfficerTrustee | 2 | $0 |
Cole Thomason-Redus Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $74,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $104,877 |
| Noncash contributions included in lines 1a–1f | $317 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $178,877 |
| Total Program Service Revenue | $113,153 |
| Investment income | $21 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,950 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $105 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $294,106 |
| 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. | $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 | $0 |
| Fees for services: Accounting | $2,545 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $60,600 |
| Advertising and promotion | $2,068 |
| Office expenses | $825 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,538 |
| Travel | $6,240 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $513 |
| Interest | $2,314 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,854 |
| All other expenses | $8,404 |
| Total functional expenses | $261,400 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,019 |
| Savings and temporary cash investments | $204,881 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,059 |
| 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 | $1,796 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,200 |
| Total assets | $237,955 |
| Accounts payable and accrued expenses | $339 |
| Grants payable | $0 |
| 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 | $24,900 |
| Other liabilities | $0 |
| Total liabilities | $25,239 |
| Net assets without donor restrictions | $212,716 |
| 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 | $237,955 |