Volti EIN 94-2699509

Volti

EIN  94-2699509 Public charity (501(c)(3)) San Francisco, CA
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Size
$100K–1M
What they do
Discover, create, and perform new vocal music, showcasing contemporary American and global composers.
Leadership
Richard J Collier · President & CEO
Money in and out
$267K revenue, $290K expenses
Bottom line
71% program efficiency

Discover, create, and perform new vocal music, showcasing contemporary American and global composers. For fiscal year 2024 it reported $267K in revenue, $290K in expenses, and $190K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$267K
Pt VIII · Ln 12
Total expenses
$290K
Pt IX · Ln 25
Net assets
$190K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$22K
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.28 Fundraising $0.01
Program efficiency
71%
of spending reaches programs▼ -6% vs prior filing year
Operating runway
8.6mo
months of highly liquid reserves at operating expense rate▼ -19% vs prior filing year
Surplus margin
-8%
revenue over expenses, this year▼ -175% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$267K
FY2024▼ -9%
Expenses
$290K
FY2024▲ +11%
Total assets
$219K
FY2024▼ -8%
Total liabilities
$29K
FY2024▲ +13%
Total revenue
$267K
Pt VIII · Ln 12
Total expenses
$290K
Pt IX · Ln 25
Net assets
$190K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$22K
Total assetsPt X · Ln 16$219K
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

3 program services account for $190K of program spending, described in the organization's own filed words · FY2023.
01

Other (contract work for Composers, Festivals & Presenters) Volti was contracted for Festival Napa Valley in July 2024, performing varied opera scene work plus performances for composer Gordon Getty. Volti was also contracted in March 2024 with the SF Ballet for their performance of Midsummer Nights Dream.

$103Kprogram expense
02

Concerts

Voltis 45th Season included self-produced concerts. In November 2023 we presented the concert Book of Colors, including premieres by Marcos Balter (Livros das Cores (Book of Colors), mvmt 4), Yu-hui Changs Being: Two Collins Songs, and Mark Winges Words Cast Shadows.

$72Kprogram expense
03

Collaborations

(Collaborations with other arts organizations): In May 2024, we collaborated with SF Contemporary Music Players to present the world premiere of Richard Festingers Worlds Apart at the Brava Theater in San Francisco.

$15Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CVolti
EINHdr · item D94-2699509
Principal addressHdr · item CSan Francisco, CA
WebsiteHdr · item Jwww.voltisf.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJun 1981

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President & CEO
$0Pt VII · Sec A
Treasurer & CFO
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$165K · 62%
Contributions & grants$102K · 38%
Program service revenue62%$165K
Contributions & grants38%$102K
Investment income$20
Other revenue$40
— government grantsLn 1e$10K
Total revenueLn 12$267K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.28 Fundraising $0.01
Program services71%$205K
Management & general28%$82K
Fundraising1%$3K
Total functional expensesLn 25$290K

Balance Sheet

Part X · end of year
CashLn 1$208K
Total assetsLn 16$219K
Total liabilitiesLn 26$29K
Total net assetsLn 32$190K
Months of cash on handcomputed8.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $208K · Operating expenses/yr $290K
8.6 months
Where the money goes
Program services
Program services $205K · Total expenses $290K
71%
Management & General
Management & general $82K · Total expenses $290K
28%
Fundraising
Fundraising $3K · Total expenses $290K
1%
Cost to raise $1
Fundraising expense (3-yr avg) $3K · Solicited contributions (3-yr avg) $98K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $102K · Total revenue $267K
38%
Government reliance
Government grants $10K · Total revenue $267K
4%
Earned-income share
Program service revenue $165K · Total revenue $267K
62%
Investment reliance
Investment income $20 · Total revenue $267K
0%
Program self-sufficiency
Program service revenue $165K · Total expenses $290K
57%
Growth & trend
Revenue growth (YoY)
This year $267K · Prior year $294K
-9%
Revenue CAGR
FY2019 $200K · FY2023 $267K
+8%
Net-asset trend (YoY)
End of year $190K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $267K · Expenses $290K
-8%
Liabilities-to-Assets
Total liabilities — · Total assets $219K
Net-asset ratio
Net assets $190K · Total assets $219K
87%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $219K
0%
People & payroll
Highest Reported Total Compensation
Individual Richard J Collier · Reported title President & CEO · Highest reported compensation $0 · Total expenses $290K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $290K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 28%
Fundraising cost ratio 3%
Revenue growth -9%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$267K revenue · viewing · ⤓ 990 PDF
FY2023$294K revenue · ⤓ 990 PDF
FY2022$212K revenue · ⤓ 990 PDF
FY2021$126K revenue · ⤓ 990 PDF
FY2020$200K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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