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DEMOCRACY FUND VOICE INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
DEMOCRACY FUND VOICE INC (EIN 46-5051755)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-14
IRS object ID
202443199349307749
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-14T12:55:44-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN770534410PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1COMPREHENSIVE FINANCIAL MANAGEMENTBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1720 University Ave 110AddressLine1Txt
CityLos GatosCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95032ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN465051755EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Democracy Fund Voice IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlDEMOBusinessNameControlTxt
Phone2024207943PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11200 17th St NW 300AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJoseph GoldmanPersonNm
Person TitlePresidentPersonTitleTxt
Phone2024207943PhoneNum
Signature2024-11-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDane V HarrisPreparerPersonNm
PTINP01431614PTIN
Phone4083583316PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJoseph GoldmanPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11200 17th St NW 300AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$57,168,326GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website Addressdemocracyfundvoice.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2014FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionAn organization that conducts and supports advocacy to produce a stronger U.S. democracy.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$24,041,099PYContributionsGrantsAmt
CY Contributions Grants$28,499,781CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income-$493,735PYInvestmentIncomeAmt
CY Investment Income$300,186CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$23,547,364PYTotalRevenueAmt
CY Total Revenue$28,799,967CYTotalRevenueAmt
PY Grants And Similar Paid$14,208,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$16,475,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$4,511,284PYOtherExpensesAmt
CY Other Expenses$3,857,900CYOtherExpensesAmt
PY Total Expenses$18,719,284PYTotalExpensesAmt
CY Total Expenses$20,332,900CYTotalExpensesAmt
PY Revenues Less Expenses$4,828,080PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$8,467,067CYRevenuesLessExpensesAmt
Total Assets BOY$9,579,184TotalAssetsBOYAmt
Total Assets EOY$20,306,508TotalAssetsEOYAmt
Total Liabilities BOY$3,801,709TotalLiabilitiesBOYAmt
Total Liabilities EOY$6,192,477TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,777,475NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$14,114,031NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionDemocracy Fund Voice is an organization established in 2014 to conduct and support advocacy that will produce a stronger, healthier democracy in the United States.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$9,417,958ExpenseAmt
Grant$9,045,000GrantAmt
DescFree and Fair Elections:Voting is the single most significant way Americans exercise our political power. Every eligible citizen should have an equal opportunity to participate in elections that are free and fair, as well as efficient and secure. Implementing accessible and trustworthy elections is an immense undertaking, but the American election system is also challenged by persistent barriers to voting for historically excluded communities and beset by unprecedented new threats. Our Elections program works toward a strong and modern voting system that increases voter confidence and engagement.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$2,274,700ExpenseAmt
Grant$2,025,000GrantAmt
DescVibrant and Diverse Public Square:No matter where they live or who they are, Americans should be able to get the news and information they need to engage in civic life and to use their voices without fear of being harassed or silenced. The rapidly evolving media landscape presents new challenges and opportunities for our communities. Our Public Square program responds by supporting trustworthy local news and investigative reporting, more equitable newsrooms, press freedom, community engagement, and digital spaces that advance democracy, not hate.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$3,157,908ExpenseAmt
Grant$3,055,000GrantAmt
DescEffective, Representative, and Accountable Governance:American democracy depends on a government that represents the interests of the people in all of our diversity one that is prepared to act on our behalf and that is held accountable when it does not. However, extreme polarization limits our ability to achieve shared priorities. Partisan politics and significant institutional decline have led to government dysfunction and gridlock. Our Governance program promotes the principled leadership and strong institutions our governing system needs to act in the interests of the American people.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)

ExpenseExpenseAmtDescDescGrantGrantAmt
$1,757,619Other Program Expenses.
$2,419,275Civil Politics:Hate speech, fear mongering, and rhetoric that condones political violence are dangerous for our democracy. We support organizations working to elevate the tenor and quality of public debate, and to foster more civil politics.$2,350,000
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$4,176,894TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$2,350,000TotalOtherProgSrvcGrantAmt
Total Program Service Expenses$19,027,460TotalProgramServiceExpensesAmt
Described In Section501c30DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign ActyYes (1)PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document22IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Robin ThompsonBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2024207943PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11200 17th St NW Ste 300AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
Robinson Jacobs
Director1.75Yes (X)$0$0$0
Patricia L Christen
Chairman0.42Yes (X)$0$0$0
Deepak Bhargava as of March
Director0.25Yes (X)$0$20,000$0
Stacy Donohue through March
Director0.25Yes (X)$0$0$0
Jeff Alvord through March
Director1.46Yes (X)$0$0$0
Joseph Goldman
President & CEO8.00$0$522,413$54,50532.00Yes (X)
Deepa Isac
General Counsel & Secretary4.00$0$293,523$37,01936.00Yes (X)
Robin Thompson
Treasurer & Sr Director of Finance4.00$0$230,413$32,56236.00Yes (X)
Thomas Glaisyer
Managing Program Director8.00$0$304,319$38,89732.00Yes (X)
Laura Chambers
Chief Operating Officer4.00$0$394,762$45,10136.00Yes (X)
Lauren Strayer
Managing Communications Director5.00$0$280,730$31,74035.00Yes (X)
Kelly Reed
Deputy Chief Operating Officer4.00$0$277,597$34,95536.00Yes (X)
Lara Flint
Managing Program Director6.00$0$302,322$38,51534.00Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$2,626,079TotReportableCompRltdOrgAmt
Total Other Compensation$313,294TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
K&L Gates LLP
1601 K Street NWWashingtonDC20006Consulting$330,281
Porter Novelli Inc
220 E 42nd StreetNew YorkNY10017Consulting$325,000
Arabella Advisors LLC
1828 L Street NW Suite 300WashingtonDC20036Consulting$231,251
Dot Connector Studio LLC
2530 Swain StreetPhiladelphiaPA19130Consulting$106,477
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
All Other Contributions$28,499,781AllOtherContributionsAmt
Noncash Contributions$28,499,781NoncashContributionsAmt
Total Contributions$28,499,781TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$81,512TotalRevenueColumnAmt
Exclusion$81,512ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$28,587,033SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$28,368,359SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$218,674SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$218,674TotalRevenueColumnAmt
Exclusion$218,674ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$28,799,967TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$300,186ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$16,475,000TotalAmt
Program Services$16,475,000ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$42,587TotalAmt
Management And General$42,587ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$95,000TotalAmt
Management And General$95,000ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$3,008,240TotalAmt
Program Services$2,201,438ProgramServicesAmt
Management And General$806,802ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$8,780TotalAmt
Program Services$6,242ProgramServicesAmt
Management And General$2,538ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$86,314TotalAmt
Program Services$61,361ProgramServicesAmt
Management And General$24,953ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$158,335TotalAmt
Program Services$112,562ProgramServicesAmt
Management And General$45,773ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$20,676TotalAmt
Program Services$15,620ProgramServicesAmt
Management And General$5,056ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$103,725TotalAmt
Program Services$29,192ProgramServicesAmt
Management And General$74,533ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$16,451TotalAmt
Program Services$11,695ProgramServicesAmt
Management And General$4,756ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
Taxes for political act$108,813$108,813
Payroll taxes$89,411$37,452$51,959
Dues & subscriptions$68,635$19,842$48,793
Internal staff events$24,025$23,124$901

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$26,908TotalAmt
Program Services$12,697ProgramServicesAmt
Management And General$14,211ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$20,332,900TotalAmt
Program Services$19,027,460ProgramServicesAmt
Management And General$1,305,440ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$9,329,184BOYAmt
EOY$20,306,508EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$250,000BOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$9,579,184BOYAmt
EOY$20,306,508EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$266,357BOYAmt
EOY$229,272EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$2,933,000BOYAmt
EOY$5,605,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$602,352BOYAmt
EOY$358,205EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,801,709BOYAmt
EOY$6,192,477EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$5,777,475BOYAmt
EOY$14,114,031EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,777,475BOYAmt
EOY$14,114,031EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,579,184BOYAmt
EOY$20,306,508EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$8,467,067ReconcilationRevenueExpnssAmt
Investment Expense-$130,511InvestmentExpenseAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (1)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Political Expenditures$518,255PoliticalExpendituresAmt
Expended527 Activities$16,755Expended527ActivitiesAmt
Internal Funds Contributed$501,500InternalFundsContributedAmt
Total Exempt Function Expend$518,255TotalExemptFunctionExpendAmt
Form1120 POL FiledYes (1)Form1120POLFiledInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I-A, Line 1:FormAndLineReferenceDesc
ExplanationDemocracy Fund Voice made grants that permitted specified amounts of funding to be used for political activities and it provided advisory support to civic engagement organizations.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
Payable to Democracy Fund Inc.$249,392
Taxes Payable$108,813
FieldValueIRS element (for citing)
Total Liability$358,205TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$28,694,456TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$25,000DonatedServicesAndUseFcltsAmt
Revenue Not Reported$25,000RevenueNotReportedAmt
Revenue Subtotal$28,669,456RevenueSubtotalAmt
Investment Expenses Not Incld$130,511InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$130,511RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$28,799,967TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$20,357,900TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$25,000DonatedServicesUseFcltsAmt
Expenses Not Reported$25,000ExpensesNotReportedAmt
Expenses Subtotal$20,332,900ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$20,332,900TotalExpensesPerForm990Amt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (56 entries)

Address Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
NEO Philanthropy Action Fund Inc
1001 Avenue of the Americas 12thFloorNew YorkNY10018800444461501(c)(4)$150,000$0Program support for Four Freedoms Action Fund
Pay Our Interns Action Fund
1001 Pennsylvania Ave NW Suite 7111WashingtonDC20004842585377501(c)(4)$100,000$0General support
Vote Mama Action Fund Inc
32 Avon PlaceAmityvilleNY11701842328213501(c)(4)$175,000$0General support
Poder NC Action
PO Box 445RaleighNC27602842828142501(c)(4)$100,000$0Program support to build civic power for Latinx in North Carolina
Truman National Security Project Inc
1250 I Street NW Suite 500WashingtonDC20005201597444501(c)(4)$305,000$0General support
Fair Fight Action Inc
1270 Caroline Street NE SuiteD120-430AtlantaGA30307471427359501(c)(4)$150,000$0General support
Sixteen Thirty Fund
1828 L Street NW Suite 300-BWashingtonDC20036264486735501(c)(4)$488,000$0Program support for the Trusted Elections Action Fund
Florida Rising Inc
10800 Biscayne Boulevard Suite 1050MiamiFL33161270167620501(c)(4)$375,000$0Program support for civic engagement activities
Run For Something Action Fund
PO Box 75357WashingtonDC20013814761176501(c)(4)$500,000$0Program support for the Clerk Work project
United to Protect Democracy
2020 Pennsylvania Ave NW Suite 163WashingtonDC20006814827260501(c)(4)$300,000$0General support for primary purpose activities
Tides Advocacy
1014 Torney AvenueSan FranciscoCA941399381943153687501(c)(4)$150,000$0Program support for Advance Native Political Leadership Action Fund
Tides Advocacy
1014 Torney AvenueSan FranciscoCA941399381943153687501(c)(4)$150,000$0Program support for Advance Native Political Leadership Action Fund
Right to Democracy Action FKA Equally American Campaign
1300 Pennsylvania Ave NW Suite190-413WashingtonDC20004823614840501(c)(4)$150,000$0General support for primary purpose activities
NEO Philanthropy Action Fund Inc
45 W 36th Street 6th FloorNew YorkNY10018800444461501(c)(4)$620,000$0Program support for More Equitable Democracy Action
Demand Justice
200 Massachusetts Ave NW 7th FloorWashingtonDC20001863689961501(c)(4)$100,000$0General support for primary purpose activities
Sixteen Thirty Fund
1828 L Street NW Suite 300-BWashingtonDC20036264486735501(c)(4)$75,000$0Program support for the Pipeline Fund's State & Local Candidate Research Project
Common Defense Civic Engagement
251 West 30th Street 5th FloorNew York CityNY10001833156982501(c)(4)$100,000$0Program support to promote civic engagement among veterans
Alaskans for Better Elections
721 Depot DriveAnchorageAK99501842283567501(c)(4)$150,000$0General support for primary purpose activities
Mothering Justice Action Fund
607 Shelby Street Suite 903DetroitMI482263282822828323501(c)(4)$475,000$0Program support for building power and transforming governing institutions
Leadership Conference on Civil and Human Rights Inc
1620 L Street NW Suite 1100WashingtonDC20001520789800501(c)(4)$225,000$0General support for primary purpose activities
Common Cause
805 15th Street NW Suite 800WashingtonDC20005526078441501(c)(4)$125,000$0Program support for Media and Democracy Program
Sixteen Thirty Fund
1828 L Street NW Suite 300-BWashingtonDC20036264486735501(c)(4)$200,000$0Program support for Media Democracy Action Fund's Disinformation Defense League
SiX Action
1536 Wynkoop Street Suite 311DenverCO80202203169871501(c)(4)$150,000$0Program support to mobilize state legistlatures to defend democratic institutions
Global Impact Social Welfare Fund
1828 L Street NW Suite 300-BWashingtonDC20036920652730501(c)(4)$200,000$0Program support for Co-Equal
Tides Advocacy
1014 Torney AvenueSan FranciscoCA941399381943153687501(c)(4)$150,000$0Program support for Florida Rights Restoration Coalition
Free Press Action Fund
1025 Connecticut Ave NW Suite 1110WashingtonDC20036043771598501(c)(4)$325,000$0General support for primary purpose activities
Alliance for Youth Action
915 5th Street NWWashingtonDC20001462914731501(c)(4)$200,000$0Program support for Democracy Done Right Program
Arizona Democracy Resource Center Action
2030 W Baseline Road Suite 182-631PhoenixAZ85041873214348501(c)(4)$100,000$0General support
Committee on States
PO Box 1607RaleighNC27602842558945501(c)(4)$153,000$0Program support for Internal Capacity Building
Iconico LLC
221 East Indianola AvenuePhoenixAZ85012814152071SMLLC$50,000$0Program support for the Rumbo Project
Article IV
1501 Wilson Blvd Suite 1050ArlingtonVA22209862820532501(c)(4)$150,000$0Program support for Fix Our House
Tides Advocacy
1014 Torney AvenueSan FranciscoCA941399381943153687501(c)(4)$200,000$0Program support for the Center for Ballot Freedom
Advance Democracy Inc
1360 Beverly Road Suite 300McLeanVA221013646824277642501(c)(3)$200,000$0Program support for Strengthening Democracy Research.
All Voting is Local Action
11 Dupont Circle NW Suite 575WashingtonDC20036873894840501(c)(4)$250,000$0General support
Common Defense Civic Engagement
251 West 30th Street 5th FloorNew York CityNY10001833156982501(c)(4)$100,000$0Program support to promote civic engagement among veterans
One Person One Vote Ballot PAC
545 E TOWN STCOLUMBUSOH43215921444573Non-Exempt$500,000$0Program support to the One Person, One Vote campaign in Ohio
Run For Something Action Fund
PO Box 75357WashingtonDC20013814761176501(c)(4)$250,000$0Program support for Election Clerk Program
Living United for Change in Arizona
5716 N 19th AvenuePhoenixAZ85015271398645501(c)(4)$250,000$0General support
repower
2136 Ford Parkway 5523Saint PaulMN55116331041433501(c)(4)$175,000$0General support for primary purpose activities
Sixteen Thirty Fund
1828 L Street NW Suite 300-BWashingtonDC20036264486735501(c)(4)$200,000$0Program support to CSME Action
Public Citizen Inc
1600 20th Street NWWashingtonDC20009237104508501(c)(4)$400,000$0Program support for Democracy Protection
Working Families Organization Inc
77 Sands Street 6th FloorBrooklynNY11201204994004501(c)(4)$350,000$0Program support for the Democracy Program and pro-democracy movement building
Sixteen Thirty Fund
1828 L Street NW Suite 300-BWashingtonVA20036264486735501(c)(4)$1,500,000$0Program support for Trusted Elections Action Fund
Independent Strategic Research Collaborative Inc
712 H Street NE Suite 891WashingtonDC20002863079329C Corporation$87,000$0Program support for organizational and strategic development
Local Progress Policy Action
1200 18th Street Suite 700WashingtonDC20036872098657501(c)(4)$200,000$0General support for primary purpose activities
New Left Accelerator
850 Laurel StreetAlamedaCA94501822590752501(c)(4)$200,000$0General support for primary purpose activities
Ballot Initiative Strategy Center Inc
1660 L Street NW Suite 605WashingtonDC20036043411708501(c)(4)$500,000$0General support for primary purpose activities
Center for Empowered Politics
1212 Broadway Suite 700OaklandCA94612453084134501(c)(4)$100,000$0General support for primary purpose activities
Down Home North Carolina
PO Box 41262GreensboroNC27404831236736501(c)(4)$100,000$0General support
Arizona Wins
1011 South McClintock DriveTempeAZ85281364781665501(c)(4)$100,000$0Program support for AZ AANHPI Advocates
State Power Action Fund
425 Cherry Street Floor 2KentOH44240854015096501(c)(4)$400,000$0Program support for Movement Politics Accelerator
Black Economic Alliance
1032 15th Street NW Suite 247WashingtonDC20005824578595501(c)(4)$200,000$0Program support for Business and Democracy Initiative
SPLC Action Fund
400 Washington AvenueMontgomeryAL36104831085161501(c)(4)$200,000$0General support for primary purpose activities
The Data Squad
705 8th Street SE Suite 400WashingtonDC20003844031526501(c)(4)$125,000$0General support for primary purpose activities
Reset Tech Action
1200 17th Street NW Suite 500WashingtonDC20036922957561501(c)(4)$500,000$0Program support for US Federated Counter-Disinformation Project
Our American Future Action
1015 18th Street NWWashingtonDC20036921713534501(c)(4)$75,000$0Program support for the State Divergence & Aggression Project
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org50TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
ExplanationDemocracy Fund Voice conducts due diligence on its prospective grantees, including reviewing proposals, budgets, and key organizational information. With each of its grantees, Democracy Fund Voice established detailed grant agreements that govern the use of grant funds and include narrative and financial report requirements. Grant reporting under the grant agreement is reviewed by program and grants management staff. The grantee's reporting is often supplemented by meetings, phone conversations, and emails with Democracy Fund Voice staff.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Joseph Goldman
President & CEO$0$522,413$0$0$0$0$0$54,505$0$0$0$576,918$0$0
Laura Chambers
Chief Operating Officer$0$394,762$0$0$0$0$0$45,101$0$0$0$439,863$0$0
Thomas Glaisyer
Managing Program Director$0$304,319$0$0$0$0$0$38,897$0$0$0$343,216$0$0
Lara Flint
Managing Program Director$0$302,322$0$0$0$0$0$38,515$0$0$0$340,837$0$0
Deepa Isac
General Counsel & Secretary$0$293,523$0$0$0$0$0$37,019$0$0$0$330,542$0$0
Kelly Reed
Deputy Chief Operating Officer$0$277,597$0$0$0$0$0$34,955$0$0$0$312,552$0$0
Lauren Strayer
Managing Communications Director$0$280,730$0$0$0$0$0$31,740$0$0$0$312,470$0$0
Robin Thompson
Treasurer & Sr Director of Finance$0$230,413$0$0$0$0$0$32,562$0$0$0$262,975$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceForm 990, Schedule J, Part I, Line 3FormAndLineReferenceDesc
ExplanationDemocracy Fund Voice has a cost-sharing agreement with Democracy Fund whereby Democracy Fund Voice reimburses Democracy Fund for salaries, benefits, and overhead incurred by Democracy Fund employees for work performed for Democracy Fund Voice. These costs are allocated using employee timesheets. These costs include that of the organization's President/CEO.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$28,499,781NoncashContributionsRptF990Amt
Method Of Determining RevenuesFair Market ValueMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (1)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 32b:FormAndLineReferenceDesc
ExplanationContributed publicly traded shares are sold through a broker.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 8bCurrently there are no separate committees with authority to act on behalf of the governing body.
Form 990, Part VI, Section B, line 11bThe process followed for review of the Form 990 is to distribute it to the Board of Directors for independent review by the Board Members for review, discussion, and comment. Any questions that arise are discussed and addressed by the Members of the Board of Directors.
Form 990, Part VI, Section B, line 12cDemocracy Fund Voice, Inc. monitored and enforced its conflict of interest policy by gathering from its directors and officers disclosure of conflicts of interest. The policy outlines a process to be undertaken if there is a potential violation of the policy.
Form 990, Part VI, Section C, line 19Democracy Fund Voice, Inc. places a high value on ethics and transparency. Our Forms 990, other governing documents and conflict of interest policy are available upon request.
Form 990 Part VIIThis note explains the relationship between DFV and DF and how that relationship is reflected in DFV's responses to questions in Part VII. As explained in Democracy Fund Voice's Form 1024, Democracy Fund Voice and Democracy Fund are parties to a cost-sharing agreement, under which Democracy Fund charges Democracy Fund Voice for its proportionate share of office space, employee services, and administrative expenses. DFV and DFI, however, are not "related organizations" under the Form 990 definition of that term. Therefore, this Form 990 does not include Schedule R, where related organizations are required to disclose information about shared costs and services. In the interest of clarity and transparency, DFV has disclosed that information concerning individuals listed on Part VII through its responses there and this note.
Form 990, Part IX, line 11gConsultants: Program service expenses 1,170,954. Management and general expenses 218,414. Fundraising expenses 0. Total expenses 1,389,368. Consultants Out of Pocket Expenses: Program service expenses 2,547. Management and general expenses 1,510. Fundraising expenses 0. Total expenses 4,057. Contracted Services: Program service expenses 0. Management and general expenses 2,100. Fundraising expenses 0. Total expenses 2,100. Consultants - Honoraria: Program service expenses 1,500. Management and general expenses 20,000. Fundraising expenses 0. Total expenses 21,500. Outsourced Staff Support: Program service expenses 0. Management and general expenses 37,633. Fundraising expenses 0. Total expenses 37,633. G&A Services: Program service expenses 1,026,437. Management and general expenses 527,145. Fundraising expenses 0. Total expenses 1,553,582.
Form 990 Schedule JDemocracy Fund, Inc, a related entity, performs all compensation analysis for the appropriate individuals.