Civic Intelligence

Volti

990 • Fiscal year 2021 • EIN 94-2699509

Sep 01, 2020 to Aug 31, 2021 • Filed on Jul 08, 2022

PO Box 15576San Francisco, CA 94115

(415) 771-3352

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.26x

Higher debt load relative to assets than 84% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

89th percentile

0.41x

Higher debt load relative to revenue than 89% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

36th percentile

0.0%

Higher net margin than 36% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

45th percentile

2.0%

Faster asset growth than 45% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

22nd percentile

-37%

Faster revenue growth than 22% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$196,804

Up $3,850 (+2.0%) from 2020

Net Assets

Flat

$144,853

Flat from 2020

Liabilities

Up

$51,951

Up $3,850 (+8.0%) from 2020

Revenue

Down

$125,981

Down $74,029 (-37%) from 2020

Expenses

Down

$125,981

Down $54,675 (-30%) from 2020

Net Income

Down

$0

Down $19,354 (-100%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2011: $92,172Liabilities 2011: $18,696Net Assets 2011: $73,4762011Assets 2012: $73,259Liabilities 2012: $2,240Net Assets 2012: $71,0192012Assets 2013: $55,321Liabilities 2013: $2,976Net Assets 2013: $52,3452013Assets 2014: $86,421Liabilities 2014: $28,103Net Assets 2014: $58,3182014Assets 2015: $92,916Liabilities 2015: $1,836Net Assets 2015: $91,0802015Assets 2016: $95,146Liabilities 2016: $11,011Net Assets 2016: $84,1352016Assets 2017: $97,969Liabilities 2017: $3,041Net Assets 2017: $94,9282017Assets 2018: $117,194Liabilities 2018: $2,038Net Assets 2018: $115,1562018Assets 2019: $136,531Liabilities 2019: $10,715Net Assets 2019: $125,8162019Assets 2020: $192,954Liabilities 2020: $48,101Net Assets 2020: $144,8532020Assets 2021: $196,804Liabilities 2021: $51,951Net Assets 2021: $144,8532021Assets 2022: $205,235Liabilities 2022: $25,239Net Assets 2022: $179,9962022Assets 2023: $237,955Liabilities 2023: $25,239Net Assets 2023: $212,7162023Assets 2024: $218,886Liabilities 2024: $28,556Net Assets 2024: $190,3302024

Highlighted filing

2021

Assets$196,804
Liabilities$51,951
Net Assets$144,853

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2011: $209,685Expenses 2011: $188,583Net Income 2011: $21,1022011Revenue 2012: $230,017Expenses 2012: $232,554Net Income 2012: -$2,5372012Revenue 2013: $173,436Expenses 2013: $192,110Net Income 2013: -$18,6742013Revenue 2014: $200,542Expenses 2014: $183,569Net Income 2014: $16,9732014Revenue 2015: $352,320Expenses 2015: $319,693Net Income 2015: $32,6272015Revenue 2016: $233,938Expenses 2016: $240,886Net Income 2016: -$6,9482016Revenue 2017: $213,124Expenses 2017: $202,331Net Income 2017: $10,7932017Revenue 2018: $206,367Expenses 2018: $187,000Net Income 2018: $19,3672018Revenue 2019: $225,857Expenses 2019: $215,197Net Income 2019: $10,6602019Revenue 2020: $200,010Expenses 2020: $180,656Net Income 2020: $19,3542020Revenue 2021: $125,981Expenses 2021: $125,981Net Income 2021: $02021Revenue 2022: $212,008Expenses 2022: $176,865Net Income 2022: $35,1432022Revenue 2023: $294,106Expenses 2023: $261,400Net Income 2023: $32,7062023Revenue 2024: $267,310Expenses 2024: $289,696Net Income 2024: -$22,3862024

Highlighted filing

2021

Revenue$125,981
Expenses$125,981
Net Income$0
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Jul 8, 2022
Return Version
2020v4.1
Gross Receipts
$125,981
Mission and Program Overview

Mission

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$154,258$164,279▲ $10,021
Cash and Non-Interest-Bearing Accounts$31,898$25,727▼ $6,171
Accounts Receivable$2,047$2,047→ $0
Prepaid Expenses and Deferred Charges$1,551$1,551→ $0
Total Assets$192,954$196,804▲ $3,850
Other Assets Total$3,200$3,200→ $0
Liabilities
Deferred Revenue$48,056$51,395▲ $3,339
Accounts Payable and Accrued Expenses$45$556▲ $511
Total Liabilities$48,101$51,951▲ $3,850
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$96,797$93,458▼ $3,339
Net Assets With Donor Restrictions$48,056$51,395▲ $3,339
Total Net Assets Fund Balance$144,853$144,853→ $0
Total Liabilities and Net Assets / Fund Balance$192,954$196,804▲ $3,850
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$108,436
Program Service Revenue
$16,308
Investment Income
$170
Other Revenue
$1,067
All Other Contributions
$76,886
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$125,981
Total Fundraising Expense$2,072
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$11,247$876$1,582$13,705
Office Expenses$1,064$4,192$490$5,746
Insurance$0$2,747$0$2,747
Occupancy$0$852$0$852
Information Technology$261$558$0$819
Fees for Services Accounting$0$559$0$559
Other Expenses$426$0$0$426
Travel$74$0$0$74
Advertising$48$0$0$48
Total Functional Expenses$67,925$55,984$2,072$125,981
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Volti
EIN
94-2699509
Phone
4157713352
Address
PO BOX 15576, SAN FRANCISCO, CA 94115

Signing Officer

Name
Richard J Collier
Title
President
Phone
4157713352
Signed
2022-07-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard J Collier
Formed
1981
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
5

Preparer

Firm
Acs Consulting
Address
PO BOX 817, PACIFICA, CA 94044
Preparer
Alexandria Slippy
Phone
4157134041
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Before filing the form 990 is reviewed by the board

Pt VI, Line 11B

President and treasurer and the executive director

Pt VI, Line 19

The organization does not make its governing documents.

Pt VI, Line 19

Conflict of interest policy or financial statements

Pt VI, Line 19

AVAILABLE TO THE PUBLIC.

Form 990, Part IX, Line 24E

Composer commissions 10500. 10500. 0. 0.

Form 990, Part IX, Line 24E

Marketing design & production 536. 0. 536. 0.

Form 990, Part IX, Line 24E

Mailing costs 340. 0. 340. 0.

Form 990, Part IX, Line 24E

Fundraising expense 1582. 0. 0. 1582.

Form 990, Part IX, Line 24E

Other program expense 736. 736. 0. 0.

Form 990, Part IX, Line 24E

CATERING 11. 11. 0. 0.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part III, Line 12 Description: SALE OF INVENTORY 2016: 902. 2017: 79. 2018: 630. 2019: 229. 2020: 1067.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt III Ln 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0108436
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0113407
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0106714
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0101734
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0109720
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0540011
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0170
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0215
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01270
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt027
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt023
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01705
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt016308
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt086159
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0117243
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0104579
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0102479
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0426768
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0170
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0215
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01270
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt027
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt023
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01705
IRS990ScheduleA/InvestmentIncomeCYPct00.00180
IRS990ScheduleA/InvestmentIncomePYPct00.00140
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01067
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0229
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0630
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt079
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0902
IRS990ScheduleA/OtherIncome509Grp/TotalAmt02907
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.68740
IRS990ScheduleA/PublicSupportPY509Pct00.68750
IRS990ScheduleA/PublicSupportTotal509Amt0667699
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt039170
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt072635
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt061610
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt060120
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt065545
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0299080
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt031550
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt062550
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt051270
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt044000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt046500
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0235870
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0124744
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0199566
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0223957
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0206313
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0212199
IRS990ScheduleA/Total509Grp/TotalAmt0966779
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0971391
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BEFORE FILING THE FORM 990 IS REVIEWED BY THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRESIDENT AND TREASURER AND THE EXECUTIVE DIRECTOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPOSER COMMISSIONS 10500. 10500. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MARKETING DESIGN & PRODUCTION 536. 0. 536. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MAILING COSTS 340. 0. 340. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8FUNDRAISING EXPENSE 1582. 0. 0. 1582.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9OTHER PROGRAM EXPENSE 736. 736. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10CATERING 11. 11. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0192954
IRS990/TotalAssetsEOYAmt0196804
IRS990/TotalAssetsGrp/BOYAmt0192954
IRS990/TotalAssetsGrp/EOYAmt0196804
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0108436
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02072
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt055984
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt067925
IRS990/TotalFunctionalExpensesGrp/TotalAmt0125981
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt048101
IRS990/TotalLiabilitiesEOYAmt051951
IRS990/TotalLiabilitiesGrp/BOYAmt048101
IRS990/TotalLiabilitiesGrp/EOYAmt051951
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0144853
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0144853
IRS990/TotalProgramServiceExpensesAmt067925
IRS990/TotalProgramServiceRevenueAmt016308
IRS990/TotalRevenueGrp/ExclusionAmt020
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt017525

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.19$0.29$1.90$2.67$2.90$0.22
2023Detailed filing. Detailed filing data is available for this year.$2.38$0.25$2.13$2.94$2.61$0.33
2022Detailed filing. Detailed filing data is available for this year.$2.05$0.25$1.80$2.12$1.77$0.35
2021Detailed filing. Detailed filing data is available for this year.$1.97$0.52$1.45$1.26$1.26$0.00
2020Detailed filing. Detailed filing data is available for this year.$1.93$0.48$1.45$2.00$1.81$0.19
2019Detailed filing. Detailed filing data is available for this year.$1.37$0.11$1.26$2.26$2.15$0.11
2018Detailed filing. Detailed filing data is available for this year.$1.17$0.02$1.15$2.06$1.87$0.19
2017Detailed filing. Detailed filing data is available for this year.$0.98$0.03$0.95$2.13$2.02$0.11
2016Summary only. Only limited summary data is available for this year.$0.95$0.11$0.84$2.34$2.41$0.07
2015Summary only. Only limited summary data is available for this year.$0.93$0.02$0.91$3.52$3.20$0.33
2014Summary only. Only limited summary data is available for this year.$0.86$0.28$0.58$2.01$1.84$0.17
2013Summary only. Only limited summary data is available for this year.$0.55$0.03$0.52$1.73$1.92$0.19
2012Summary only. Only limited summary data is available for this year.$0.73$0.02$0.71$2.30$2.33$0.03
2011Summary only. Only limited summary data is available for this year.$0.92$0.19$0.73$2.10$1.89$0.21