VOLTA MUSIC FOUNDATION INC

EIN: 832167948 501(c)(3) Arts, Culture & Humanities

POMPANO BEACH, FL

Total Revenue
$774,754
Total Expenses
$597,253
Total Assets
$318,108
Net Assets
$311,044
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
FL
Principal Officer
YALYEN SAVIGNON
Phone
3059107230
Tax Period
2025-01-01 to 2025-12-31

VOLTA MUSIC FOUNDATION INC, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $775K in total revenue in fiscal year 2025. Revenue surged 49% from the prior year, signaling strong growth momentum. The organization ran a surplus of $178K, a strong 23% operating margin.

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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $746,963
Program Service Revenue $25,970
Investment Income $2
Other Revenue $1,819
TOTAL REVENUE $774,754

Expense Breakdown

Grants Paid $0
Salaries & Benefits $317,042
Fundraising Expenses $37,500
Program Expenses $476,728
Other Expenses $280,211
TOTAL EXPENSES $597,253

Year-over-Year Comparison

2025 2024 Change
Revenue $774,754 $521,678 +0.5%
Expenses $597,253 $426,056 +0.4%
Net Income $177,501 $95,622 +0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
21
Volunteers
12

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$132,250
Total Directors
5
$36,250
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YALYEN SAVIGNON EXECUTIVE DI 40.00
Officer
$96,000 $0 $96,000
LAURA SINCLAIR SECRETARY 20.00
Officer Director
$36,250 $0 $36,250
MICHAEL FALKE DIRECTOR 1.00
Director
$0 $0 $0
DR JERMAINE FLEMING DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL KOLBERT TREASURER 1.00
Officer Director
$0 $0 $0
WENDY RUIZ DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $774,754 $597,253 $318,108 $177,501
2024 $521,678 $426,056 $196,988 $95,622
2023 $178,745 $234,232 $44,330 $-55,487
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