Civic Intelligence

Volta Music Foundation Inc

EIN 83-2167948 • 501(c)3 • Pompano Beach, FL

Profile

The organization seeks to enrich the development of classical music education in latin american countries by donating needed supplies and by providing training on maintenance and repair of instruments.

PO Box 668092Pompano Beach, FL 33069

www.voltamusicfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

53rd percentile

0.02x

Higher debt load relative to assets than 53% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

46th percentile

0.01x

Higher debt load relative to revenue than 46% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

76th percentile

23%

Higher net margin than 76% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

85th percentile

$96,000

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 12.4% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

90th percentile

61%

Faster asset growth than 90% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

82nd percentile

49%

Faster revenue growth than 82% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Up

$318,108

Up $121,120 (+61%) from 2024

Liabilities

Down

$7,064

Down $56,381 (-89%) from 2024

Net Assets

Up

$311,044

Up $177,501 (+133%) from 2024

Revenue

Up

$774,754

Up $253,076 (+49%) from 2024

Expenses

Up

$597,253

Up $171,197 (+40%) from 2024

Net Income

Up

$177,501

Up $81,879 (+86%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0-$100KAssets 2018: $41Liabilities 2018: $1,279Net Assets 2018: -$1,2382018Assets 2019: $9,013Liabilities 2019: $0Net Assets 2019: $9,0132019Assets 2020: $47,654Liabilities 2020: $0Net Assets 2020: $47,6542020Assets 2021: $44,955Net Assets 2021: $44,9552021Assets 2023: $44,330Liabilities 2023: $6,409Net Assets 2023: $37,9212023Assets 2024: $196,988Liabilities 2024: $63,445Net Assets 2024: $133,5432024Assets 2025: $318,108Liabilities 2025: $7,064Net Assets 2025: $311,0442025

Highlighted filing

2025

Assets$318,108
Liabilities$7,064
Net Assets$311,044

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2018: $4,690Expenses 2018: $5,928Net Income 2018: -$1,2382018Revenue 2019: $13,923Expenses 2019: $3,672Net Income 2019: $10,2512019Revenue 2020: $67,374Expenses 2020: $28,733Net Income 2020: $38,6412020Revenue 2021: $110,711Expenses 2021: $113,410Net Income 2021: -$2,6992021Revenue 2023: $178,745Expenses 2023: $234,232Net Income 2023: -$55,4872023Revenue 2024: $521,678Expenses 2024: $426,056Net Income 2024: $95,6222024Revenue 2025: $774,754Expenses 2025: $597,253Net Income 2025: $177,5012025

Highlighted filing

2025

Revenue$774,754
Expenses$597,253
Net Income$177,501

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 30, 2026
Return Version
2025v4.0
Gross Receipts
$774,754
Mission and Program Overview

Mission

Volta music foundations mission is to provide students in underserved communities the opportunity to advance their musical careers through a variety of educational programs and talent development opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$142,257$247,407▲ $105,150
Pledges and Grants Receivable$53,578$69,274▲ $15,696
Prepaid Expenses and Deferred Charges$1,153$1,427▲ $274
Total Assets$196,988$318,108▲ $121,120
Liabilities
Deferred Revenue$60,000--
Accounts Payable and Accrued Expenses$3,445$7,064▲ $3,619
Total Liabilities$63,445$7,064▼ $56,381
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-3,870$221,675▲ $225,545
Net Assets With Donor Restrictions$137,413$89,369▼ $48,044
Total Net Assets Fund Balance$133,543$311,044▲ $177,501
Total Liabilities and Net Assets / Fund Balance$196,988$318,108▲ $121,120
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Yalyen SavignonExecutive DiFT$96,000$96,000
Laura SinclairSecretaryPT$36,250$36,250

Board Members and Trustees

NameTitle
Dr Jermaine FlemingDirector
Michael FalkeDirector
Wendy RuizDirector
Michael KolbertTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$746,963
Program Service Revenue
$25,970
Investment Income
$2
Other Revenue
$1,819
All Other Contributions
$447,046
Change in Net Assets
$177,501

Audited Revenue Reconciliation

Revenue per Audited Statements
$774,754
Total Revenue per Audited Statements
$774,754
Total Revenue per Form 990
$774,754
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$317,042
Other Expenses$280,211
Total Fundraising Expense$37,500
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$156,122$5,677-$161,799
Current Officers, Directors, Trustees, and Key Employees$128,283$3,967-$132,250
Fees for Services Other$12,500$47,452$37,500$97,452
Other Expenses$17,628$18,223-$35,851
Payroll Taxes$22,303$690-$22,993
Occupancy$15,102--$15,102
Office Expenses$591$7,016-$7,607
Total Functional Expenses$476,728$83,025$37,500$597,253

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$597,253
Total Expenses per Audited Statements$597,253
Total Expenses per Form 990$597,253
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The prepared form 990 is reviewed and approved by the governing body before the return is filed with the irs.

Form 990, Page 6, Part VI, Line 12C

A possible conflict of interest exists when a director has a material personal interest, either direct or indirect, in a proposed transaction involving this organization. When a director has an interest in a transaction being considered by the organization, the director should disclose that conflict before the board of directors or staff member takes action on the matter. Any board member having a conflict of interest will not vote or use his or her personal influence on the matter and will not be present when the matter is discussed by the board. The minutes of the meeting will reflect that a disclosure was made, and the abstention from voting.

Form 990, Page 6, Part VI, Line 15A

The board meets annually to discuss and determine ceo compensation.

Form 990, Page 6, Part VI, Line 15B

The board and ceo meet to discuss and determine officer compensation.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Volta Music Foundation Inc
EIN
83-2167948
Phone
3059107230
Address
PO BOX 668092, POMPANO BEACH, FL 33069

Signing Officer

Name
Yalyen Savignon
Title
Executive Director
Phone
3059107230
Signed
2026-03-30

Organization Details

Principal Officer
Yalyen Savignon
Formed
2018
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
21
Volunteers
12

Preparer

Firm
Gutierrez Madariaga CPA Pa
Address
2525 PONCE DE LEON BLVD SUITE 300, CORAL GABLES, FL 33134
Preparer
John-paul Madariaga
Phone
3057781899
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Link up the link up program is a dynamic music education initiative designed for students in title 1 schools across broward and palm beach counties. Volta partners with carnegie hall's weill music institute to offer this program to students in grades 3-5, fostering their musical talents and enhancing their overall educational experience. Participants engage in singing, recorder playing, and collaborative performances with professional musicians, culminating in a symphony concert by volta symphony orchestra. Volta provides essential resources and professional development workshops for educators, free instruments, transportation support and an interactive concert. Link up aims to transform music education, address funding gaps, and promote a lasting appreciation for the arts in underserved communities. The program nurtures creativity, builds self-confidence, and fosters community cohesion through the universal language of music. Of clients served: 3500 students/provided school year (august-april)/3 concerts a year afterschool music program the volta afterschool program provides free, high-quality music education and enrichment to underserved youth in broward county, focusing on students in grades 2-5. The program offers group music instruction on string instruments and ensemble performance. With experienced teaching artists and strong community partnerships, volta aims to remove barriers of cost and access, supporting students' artistic, academic, and personal growth. The program now operates at multiple community center sites, boys and girls clubs and title i schools. Of clients served: 250 students/provided september-may/2 concerts a year latin american exchange the latin american exchange program offers young musicians in latin america opportunities for cultural exchange and study abroad. Professors from universities and conservatories provide free masterclasses, workshops, and group lessons in various latin american countries. The program also supports latin american students in studying at u.s. Music conservatories, assisting them with applications, auditions, and visa processes. Additionally, these students often intern in volta's programs, contributing to the community and supporting other students' growth. Activities include afterschool programs, concert series, and intensive workshops in anguilla and the cayman islands. Of clients served: 270 students engaged through lessons and outreach concerts/year-round program/10 concerts a year

Form 990, Part IX, Line 11G

Professional fees 12,500 47,452 37,500

Financial Statement Notes

Schedule D, Page 3, Part X

The organization has adopted the provisions of asc no 740, "accounting for uncertainty in income taxes" ("asc no 740"). Asc 740 required that the impact of tax positions to be recognized in the financial statements if they are more likely than not of being sustained upon examination. Accordingly, no provision for income taxes is made in the financial statements. At 12/31/25 there were no uncertain tax positions. The organization files tax returns with us federal and other tax authorities for which statue limitations may go back to the year ended 2022.

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IRS990/Desc0LINK UP THE LINK UP PROGRAM IS A DYNAMIC MUSIC EDUCATION INITIATIVE DESIGNED FOR STUDENTS IN TITLE 1 SCHOOLS ACROSS BROWARD AND PALM BEACH COUNTIES. VOLTA PARTNERS WITH CARNEGIE HALL'S WEILL MUSIC INSTITUTE TO OFFER THIS PROGRAM TO STUDENTS IN GRADES 3-5, FOSTERING THEIR MUSICAL TALENTS AND ENHANCING THEIR OVERALL EDUCATIONAL EXPERIENCE. PARTICIPANTS ENGAGE IN SINGING, RECORDER PLAYING, AND COLLABORATIVE PERFORMANCES WITH PROFESSIONAL MUSICIANS, CULMINATING IN A SYMPHONY CONCERT BY VOLTA SYMPHONY ORCHESTRA. VOLTA PROVIDES ESSENTIAL RESOURCES AND PROFESSIONAL DEVELOPMENT WORKSHOPS FOR EDUCATORS, FREE INSTRUMENTS, TRANSPORTATION SUPPORT AND AN INTERACTIVE CONCERT. LINK UP AIMS TO TRANSFORM MUSIC EDUCATION, ADDRESS FUNDING GAPS, AND PROMOTE A LASTING APPRECIATION FOR THE ARTS IN UNDERSERVED COMMUNITIES. THE PROGRAM NURTURES CREATIVITY, BUILDS SELF-CONFIDENCE, AND FOSTERS COMMUNITY COHESION THROUGH THE UNIVERSAL LANGUAGE OF MUSIC. OF CLIENTS SERVED: 3500 STUDENTS/PROVIDED SCHOOL YEAR (AUGUST-APRIL)/3 CONCERTS A YEAR AFTERSCHOOL MUSIC PROGRAM THE VOLTA AFTERSCHOOL PROGRAM PROVIDES FREE, HIGH-QUALITY MUSIC EDUCATION AND ENRICHMENT TO UNDERSERVED YOUTH IN BROWARD COUNTY, FOCUSING ON STUDENTS IN GRADES 2-5. THE PROGRAM OFFERS GROUP MUSIC INSTRUCTION ON STRING INSTRUMENTS AND ENSEMBLE PERFORMANCE. WITH EXPERIENCED TEACHING ARTISTS AND STRONG COMMUNITY PARTNERSHIPS, VOLTA AIMS TO REMOVE BARRIERS OF COST AND ACCESS, SUPPORTING STUDENTS' ARTISTIC, ACADEMIC, AND PERSONAL GROWTH. THE PROGRAM NOW OPERATES AT MULTIPLE COMMUNITY CENTER SITES, BOYS AND GIRLS CLUBS AND TITLE I SCHOOLS. OF CLIENTS SERVED: 250 STUDENTS/PROVIDED SEPTEMBER-MAY/2 CONCERTS A YEAR LATIN AMERICAN EXCHANGE THE LATIN AMERICAN EXCHANGE PROGRAM OFFERS YOUNG MUSICIANS IN LATIN AMERICA OPPORTUNITIES FOR CULTURAL EXCHANGE AND STUDY ABROAD. PROFESSORS FROM UNIVERSITIES AND CONSERVATORIES PROVIDE FREE MASTERCLASSES, WORKSHOPS, AND GROUP LESSONS IN VARIOUS LATIN AMERICAN COUNTRIES. THE PROGRAM ALSO SUPPORTS LATIN AMERICAN STUDENTS IN STUDYING AT U.S. MUSIC CONSERVATORIES, ASSISTING THEM WITH APPLICATIONS, AUDITIONS, AND VISA PROCESSES. ADDITIONALLY, THESE STUDENTS OFTEN INTERN IN VOLTA'S PROGRAMS, CONTRIBUTING TO THE COMMUNITY AND SUPPORTING OTHER STUDENTS' GROWTH. ACTIVITIES INCLUDE AFTERSCHOOL PROGRAMS, CONCERT SERIES, AND INTENSIVE WORKSHOPS IN ANGUILLA AND THE CAYMAN ISLANDS. OF CLIENTS SERVED: 270 STUDENTS ENGAGED THROUGH LESSONS AND OUTREACH CONCERTS/YEAR-ROUND PROGRAM/10 CONCERTS A YEAR
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF ASC NO 740, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" ("ASC NO 740"). ASC 740 REQUIRED THAT THE IMPACT OF TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. AT 12/31/25 THERE WERE NO UNCERTAIN TAX POSITIONS. THE ORGANIZATION FILES TAX RETURNS WITH US FEDERAL AND OTHER TAX AUTHORITIES FOR WHICH STATUE LIMITATIONS MAY GO BACK TO THE YEAR ENDED 2022.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINK UP THE LINK UP PROGRAM IS A DYNAMIC MUSIC EDUCATION INITIATIVE DESIGNED FOR STUDENTS IN TITLE 1 SCHOOLS ACROSS BROWARD AND PALM BEACH COUNTIES. VOLTA PARTNERS WITH CARNEGIE HALL'S WEILL MUSIC INSTITUTE TO OFFER THIS PROGRAM TO STUDENTS IN GRADES 3-5, FOSTERING THEIR MUSICAL TALENTS AND ENHANCING THEIR OVERALL EDUCATIONAL EXPERIENCE. PARTICIPANTS ENGAGE IN SINGING, RECORDER PLAYING, AND COLLABORATIVE PERFORMANCES WITH PROFESSIONAL MUSICIANS, CULMINATING IN A SYMPHONY CONCERT BY VOLTA SYMPHONY ORCHESTRA. VOLTA PROVIDES ESSENTIAL RESOURCES AND PROFESSIONAL DEVELOPMENT WORKSHOPS FOR EDUCATORS, FREE INSTRUMENTS, TRANSPORTATION SUPPORT AND AN INTERACTIVE CONCERT. LINK UP AIMS TO TRANSFORM MUSIC EDUCATION, ADDRESS FUNDING GAPS, AND PROMOTE A LASTING APPRECIATION FOR THE ARTS IN UNDERSERVED COMMUNITIES. THE PROGRAM NURTURES CREATIVITY, BUILDS SELF-CONFIDENCE, AND FOSTERS COMMUNITY COHESION THROUGH THE UNIVERSAL LANGUAGE OF MUSIC. OF CLIENTS SERVED: 3500 STUDENTS/PROVIDED SCHOOL YEAR (AUGUST-APRIL)/3 CONCERTS A YEAR AFTERSCHOOL MUSIC PROGRAM THE VOLTA AFTERSCHOOL PROGRAM PROVIDES FREE, HIGH-QUALITY MUSIC EDUCATION AND ENRICHMENT TO UNDERSERVED YOUTH IN BROWARD COUNTY, FOCUSING ON STUDENTS IN GRADES 2-5. THE PROGRAM OFFERS GROUP MUSIC INSTRUCTION ON STRING INSTRUMENTS AND ENSEMBLE PERFORMANCE. WITH EXPERIENCED TEACHING ARTISTS AND STRONG COMMUNITY PARTNERSHIPS, VOLTA AIMS TO REMOVE BARRIERS OF COST AND ACCESS, SUPPORTING STUDENTS' ARTISTIC, ACADEMIC, AND PERSONAL GROWTH. THE PROGRAM NOW OPERATES AT MULTIPLE COMMUNITY CENTER SITES, BOYS AND GIRLS CLUBS AND TITLE I SCHOOLS. OF CLIENTS SERVED: 250 STUDENTS/PROVIDED SEPTEMBER-MAY/2 CONCERTS A YEAR LATIN AMERICAN EXCHANGE THE LATIN AMERICAN EXCHANGE PROGRAM OFFERS YOUNG MUSICIANS IN LATIN AMERICA OPPORTUNITIES FOR CULTURAL EXCHANGE AND STUDY ABROAD. PROFESSORS FROM UNIVERSITIES AND CONSERVATORIES PROVIDE FREE MASTERCLASSES, WORKSHOPS, AND GROUP LESSONS IN VARIOUS LATIN AMERICAN COUNTRIES. THE PROGRAM ALSO SUPPORTS LATIN AMERICAN STUDENTS IN STUDYING AT U.S. MUSIC CONSERVATORIES, ASSISTING THEM WITH APPLICATIONS, AUDITIONS, AND VISA PROCESSES. ADDITIONALLY, THESE STUDENTS OFTEN INTERN IN VOLTA'S PROGRAMS, CONTRIBUTING TO THE COMMUNITY AND SUPPORTING OTHER STUDENTS' GROWTH. ACTIVITIES INCLUDE AFTERSCHOOL PROGRAMS, CONCERT SERIES, AND INTENSIVE WORKSHOPS IN ANGUILLA AND THE CAYMAN ISLANDS. OF CLIENTS SERVED: 270 STUDENTS ENGAGED THROUGH LESSONS AND OUTREACH CONCERTS/YEAR-ROUND PROGRAM/10 CONCERTS A YEAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PREPARED FORM 990 IS REVIEWED AND APPROVED BY THE GOVERNING BODY BEFORE THE RETURN IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A POSSIBLE CONFLICT OF INTEREST EXISTS WHEN A DIRECTOR HAS A MATERIAL PERSONAL INTEREST, EITHER DIRECT OR INDIRECT, IN A PROPOSED TRANSACTION INVOLVING THIS ORGANIZATION. WHEN A DIRECTOR HAS AN INTEREST IN A TRANSACTION BEING CONSIDERED BY THE ORGANIZATION, THE DIRECTOR SHOULD DISCLOSE THAT CONFLICT BEFORE THE BOARD OF DIRECTORS OR STAFF MEMBER TAKES ACTION ON THE MATTER. ANY BOARD MEMBER HAVING A CONFLICT OF INTEREST WILL NOT VOTE OR USE HIS OR HER PERSONAL INFLUENCE ON THE MATTER AND WILL NOT BE PRESENT WHEN THE MATTER IS DISCUSSED BY THE BOARD. THE MINUTES OF THE MEETING WILL REFLECT THAT A DISCLOSURE WAS MADE, AND THE ABSTENTION FROM VOTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD MEETS ANNUALLY TO DISCUSS AND DETERMINE CEO COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD AND CEO MEET TO DISCUSS AND DETERMINE OFFICER COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PROFESSIONAL FEES 12,500 47,452 37,500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0YALYEN SAVIGNON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
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ReturnHeader/ReturnTs02026-04-03T09:36:17-04:00
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ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

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