Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2014.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
83 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
4 people listed on the 990; $180K paid to officers and key staff.
Timothy W Wakefield’s $300K as Managing Director is at the 98th percentile of top reported officer pay among 3869 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 4 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Timothy Wakefield | — | $332,525 | $250,000 | $241,846 | $180,000 |
| Timothy W Wakefield | $300,000 | — | — | — | — |
| Sharon Wakefield | $62,178 | $44,028 | $46,722 | — | — |
| Sharon Elliott | — | — | — | $34,010 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Sells donated art to fund other charities.
Questions for Soundwaves Art Foundation
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Artwork auction
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $541K | $876K |
| Land, buildings, equipmentLn 10c | $10K | $40K |
| Total assetsLn 16 | $609K | $976K |
| LiabilitiesLn 26 | $4K | $13K |
| Net assetsLn 32 | $606K | $963K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $357K | $357K | ||
| Grants and assistance to foreign recipientsLn 3 | $146K | $146K | ||
| Management feesLn 11a | $640K | $640K | ||
| Accounting feesLn 11c | $1K | $1K | ||
| Advertising and promotionLn 12 | $12K | $12K | ||
| Office expensesLn 13 | $206K | $206K | ||
| OccupancyLn 16 | $16K | $16K | ||
| TravelLn 17 | $12K | $12K | ||
| Depreciation, depletion and amortizationLn 22 | $39K | $39K | ||
| Total functional expensesLn 25 | $1.4M | $1.2M | $236K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $3.5M | $2.9M | $573K | $3.4M | 990 PDF |
| FY2023 | $3.3M | $2.7M | $658K | $2.7M | 990 PDF |
| FY2022 | $2.7M | $2.0M | $704K | $1.9M | 990 PDF |
| FY2021 | $2.0M | $1.7M | $314K | $1.3M | 990 PDF |
| FY2020 Viewing | $1.8M | $1.4M | $369K | $963K | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $1,799,635 revenue, 12 lines filed
Part VI · Governance 4 of 4 board members independent, 1 to look at
Part VIII · Statement of revenue $1,799,635 across 2 lines filed
Part IX · Statement of functional expenses $1,430,590 across 9 lines filed
Part X · Balance sheet $976,330 assets, 9 lines filed
Part XI · Reconciliation of net assets $963,291 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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