Volta Music Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 4,690 | 5,928 | −1,238 | -2.5 | — |
| 2019 | 13,923 | 3,672 | 10,251 | 29.5 | — |
| 2020 | 67,374 | 28,733 | 38,641 | 19.9 | — |
| 2021 | 110,711 | 113,410 | −2,699 | 4.8 | — |
| 2023 | 178,745 | 234,232 | −55,487 | 1.9 | 41% |
In its most recent public year (2023), this organization spent $55,487 more than it brought in. Its reserves stood at about 1.9 months of spending, up from -2.5 in 2018. Staff pay was 41% of spending. $51,019 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Volta Music Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works