Wave Farm INC
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Supports artists experimenting with broadcast media and transmission technologies. For fiscal year 2025 it reported $894K in revenue, $879K in expenses, and $852K in net assets.Pt I
Summary of the Filing
Where the work happens
New york state council on the arts regrant program.
Arts organization focused on establishing and cultivating the genre transmission arts. This genre encompasses a diversity of practices and media working with the idea of transmission or the physical properties of the electromagnetic spectrum.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Galen Joseph-Hunter’s $68K as President is at the 62nd percentile of top reported officer pay among 2213 $100K–1M arts & culture 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 · 1 named individual · Part VII
| Name | FY2025 | FY2023 | FY2022 |
|---|---|---|---|
| Galen Joseph-Hunter | $67,708 | $63,400 | $62,500 |
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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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 95% | — | — |
| Overhead ratio | 3% | — | — |
| Fundraising cost ratio | 2% | — | — |
| Revenue growth | -5% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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