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Volta Music Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 832167948 ✦ Pompano beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Volta Music Foundation Inc?

Volta Music Foundation Inc is a nonprofit organization dedicated to providing music education to students in Title I schools. Through their after-school program, they offer musical instruction, instruments, and necessary classroom materials to enrolled students. This initiative aims to foster musical growth and creativity in underprivileged schools, contributing positively to their overall educational experience.


Official website here: www.voltamusicfoundation.org

Is Volta Music Foundation Inc legitimate?

Volta Music Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Volta Music Foundation Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $53,853
Professional Fundraising Fees: $0
Other Salaries and Wages: $41,968

For more financial information, click here


Official website here: www.voltamusicfoundation.org

What is the mission statement of Volta Music Foundation Inc?

The Volta Music Foundation's mission is centered around providing music education opportunities for students in Title I schools. Through its After-School Program, the foundation offers musical instruction, instruments, and necessary classroom materials to enrolled students. This initiative aims to empower these students, broadening their horizons and enriching their educational experience. By offering these resources, Volta Music Foundation contributes to the overall development of these students, fostering a love for music and the potential for future musical pursuits.


Official website here: www.voltamusicfoundation.org

What is the revenue of Volta Music Foundation Inc?

Volta Music Foundation Inc's revenue in 2023 was $178,745.


Official website here: www.voltamusicfoundation.org

Who are the executives of Volta Music Foundation Inc and what are their salaries?

The average compensation at Volta Music Foundation Inc during 2023 was $7,371. There are 13 employees and 5 volunteers at Volta Music Foundation Inc.

Here are 6 key members and their salaries:


Yalyen Savignon (Executive Di)
  • Compensation: $44,520
  • Related: $0
  • Other: $0
Laura Sinclair (Secretary)
  • Compensation: $9,333
  • Related: $0
  • Other: $0
Michael Falke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Jermaine Fleming (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Kolbert (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rene H Males (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.voltamusicfoundation.org

Where can I find the form 990 for Volta Music Foundation Inc?

Volta Music Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.voltamusicfoundation.org

Learn more at the official website: www.voltamusicfoundation.org

Mission Statement of Volta Music Foundation Inc

Volta Music Foundation, a nonprofit organization, is committed to providing music education opportunities to students in Title I schools. Their mission is to empower these students by offering after-school programs that provide musical instruction, instruments, and necessary classroom materials. By engaging in these programs, students can reap the benefits of music education, which can contribute positively to their overall development.

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Impact




October, 2024

Volta Music Foundation Inc significantly enhances the educational experience of students in Title I schools through its After-School Program, which focuses on music education. By providing access to musical instruction, instruments, and essential classroom materials, the foundation empowers students to explore their musical talents and interests. This initiative not only fosters creativity and artistic expression but also contributes to the overall development and confidence of participants. By engaging with music, students are more likely to experience improved academic performance, enhanced social skills, and a sense of community, ultimately enriching their lives and opening doors to new opportunities.




This information is meant to be a general summary of Volta Music Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$178,745 (2023)
Expenses
$234,232 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $3
  • Program Service Revenue: $15,800
  • Gross Receipts: $178,745

Assets and Liabilities:

  • Total Assets: $44,955
  • Total Liabilities: $0
  • Net Assets: $44,955

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM REVENUES

Revenue

$15,800

Organization Details

Principal Officer

Yalyen Savignon

NTEE Category

Code: A68 - Arts

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