Wave Farm is an international transmission arts organization driven by experimentation with the electromagnetic spectrum. We cultivate creative practices in radio and support artists and nonprofit organizations in their cultural endeavors.

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $85K a year · 10% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
6 mo
of spending, in cash
Looks good: 6.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $38K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$688K
55% of total assets
Fine: liabilities are 55% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$837K
+85% vs prior year
Spent
$726K
To programs
96%
Net assets
$567K
By yearFY2020–FY2025
Revenue
$837K
FY2021▲ +85%
Tap a bar for its year
Revenue by fiscal year
FY2020$451K
FY2021$837K
FY2022$959K
FY2023$1.1M
FY2024$939K
FY2025$894K
Expenses
$726K
FY2021▲ +80%
Tap a bar for its year
Expenses by fiscal year
FY2020$404K
FY2021$726K
FY2022$841K
FY2023$885K
FY2024$903K
FY2025$879K
Net assets
$567K
FY2021▲ +40%
Tap a bar for its year
Net assets by fiscal year
FY2020$406K
FY2021$567K
FY2022$619K
FY2023$800K
FY2024$837K
FY2025$852K

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $697K Management & general 3% · $20K Fundraising 1% · $9K

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

7 people listed on the 990.

Part VII, Section A · reportable compensation
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Galen Joseph-Hunter’s $68K as President is at the 62nd percentile of top reported officer pay among 2216 $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

NameFY2025FY2023FY2022
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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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 15aYes

Programs and updates

Supports artists experimenting with broadcast media and transmission technologies.

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Provided by the organization

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3 programs · $697K · in their own filed words · FY2021
01

Montez press radio is an experimental broadcasting and performance platform. Founded in 2018 with the goal of fostering greater experimentation and conversation between artists, writers, and thinkers through the medium of radio, MPR allows different corners of the art world to interact with each other in person and on air-a place where…

$270Kprogram expense
02

New york state council on the arts regrant program

$239Kprogram expense
03

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.

$189Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 4 funders$38K
See all 4 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$837K
Ln 12
Gifts and grantsLn 1h$770K
Fees for servicesLn 2g$50K
Other incomeLn 4–11$17K
Money outPt IX
$726K
Ln 25
Programscol B$697K
Managementcol C$20K
Fundraisingcol D$9K
Owns and owesPt X
$567K
net assets · Ln 32
Cash and savingsLn 1–2$373K
Total assetsLn 16$1.3M
LiabilitiesLn 26$688K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$770K
Government grantsLn 1e$330K
Fees for servicesLn 2g$50K
Other incomeLn 4–11$17K
Total revenueLn 12$837K
Assets in detailPt X, end of year
CashLn 1$373K
Cash and savings togetherLn 1–2$373K
Land, buildings, equipmentLn 10c$226K
Other assetsLn 15$628K
Total assetsLn 16$1.3M
LiabilitiesLn 26$688K
Net assetsLn 32$567K
OperationsPt I, VI
EmployeesI 56
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$212K$373K
Land, buildings, equipmentLn 10c$236K$226K
Total assetsLn 16$897K$1.3M
LiabilitiesLn 26$491K$688K
Net assetsLn 32$406K$567K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$54K$48K$4K$1K
Other salaries and wagesLn 7$113K$107K$5K$1K
Payroll taxesLn 10$14K$13K$274$274
Accounting feesLn 11c$5K$5K
Other fees for servicesLn 11g$79K$79K$303
Advertising and promotionLn 12$6K$6K$174
Office expensesLn 13$858$789$34$35
Information technologyLn 14$15K$14K$605$604
OccupancyLn 16$80K$73K$4K$4K
TravelLn 17$12K$11K$236$236
Depreciation, depletion and amortizationLn 22$12K$12K
InsuranceLn 23$9K$8K$256$256
Other expenses (24a–d)Ln 24$318K$316K$722$722
All other expensesLn 24e$10K$10K$103$235
Total functional expensesLn 25$726K$697K$20K$9K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $894K$879K$15K$852K 990 PDF
FY2024 $939K$903K$37K$837K 990 PDF
FY2023 $1.1M$885K$182K$800K 990 PDF
FY2022 $959K$841K$118K$619K 990 PDF
FY2021 Viewing $837K$726K$111K$567K 990 PDF
FY2020 $451K$404K$48K$406K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $836,950 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $431,719$770,092
I-9 Program service revenuePrior year $18,604$50,207
I-10 Investment income$0
I-11 Other revenuePrior year $1,144$16,651
I-12 Total revenuePrior year $451,467$836,950
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $115,211$179,835
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $288,493$546,417
I-18 Total expensesPrior year $403,704$726,252
I-19 Revenue less expensesPrior year $47,763$110,698
Part VI · Governance 7 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $836,950 across 6 lines filed
VIII-1e Government grants$330,438
VIII-1f All other contributions, gifts and grants$439,654
VIII-1h Total contributions, gifts and grants$770,092
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $50,207$50,207
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $16,651$16,651
VIII-12 Total revenueRelated to mission $50,207 · Excluded from tax $16,651$836,950
Part IX · Statement of functional expenses $726,252 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $48,234 · Management $4,288 · Fundraising $1,072$53,594
IX-7 Other salaries and wagesPrograms $106,534 · Management $4,804 · Fundraising $1,202$112,540
IX-10 Payroll taxesPrograms $13,153 · Management $274 · Fundraising $274$13,701
IX-11c Accounting feesManagement $4,750$4,750
IX-11g Other fees for servicesPrograms $79,162 · Management $303$79,465
IX-12 Advertising and promotionPrograms $5,618 · Fundraising $174$5,792
IX-13 Office expensesPrograms $789 · Management $34 · Fundraising $35$858
IX-14 Information technologyPrograms $13,910 · Management $605 · Fundraising $604$15,119
IX-16 OccupancyPrograms $72,804 · Management $3,831 · Fundraising $3,831$80,466
IX-17 TravelPrograms $11,338 · Management $236 · Fundraising $236$11,810
IX-22 Depreciation, depletion and amortizationPrograms $11,661$11,661
IX-23 InsurancePrograms $8,028 · Management $256 · Fundraising $256$8,540
IX-24 Other expenses (24a–d)Programs $316,280 · Management $722 · Fundraising $722$317,724
IX-24e All other expensesPrograms $9,894 · Management $103 · Fundraising $235$10,232
IX-25 Total functional expensesPrograms $697,405 · Management $20,206 · Fundraising $8,641$726,252
Part X · Balance sheet $1,255,039 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $212,053$372,602
X-4 Accounts receivableStart of year $41,834$20,650
X-9 Prepaid expenses and deferred chargesStart of year $3,545$7,503
X-10c Land, buildings and equipment, netStart of year $236,106$225,874
X-15 Other assetsStart of year $403,198$628,410
X-16 Total assetsStart of year $896,736$1,255,039
X-17 Accounts payable and accrued expensesStart of year $50,791$11,733
X-19 Deferred revenueStart of year $37,112$48,134
X-25 Other liabilitiesStart of year $402,698$627,910
X-26 Total liabilitiesStart of year $490,601$687,777
X-27 Net assets without donor restrictionsStart of year $406,135$567,262
X-32 Total net assets or fund balancesStart of year $406,135$567,262
X-33 Total liabilities and net assetsStart of year $896,736$1,255,039
Part XI · Reconciliation of net assets $567,262 net assets at year end
XI-1 Total revenue$836,950
XI-2 Total expenses$726,252
XI-3 Revenue less expenses$110,698
XI-4 Net assets at start of year$406,135
XI-6 Donated services and use of facilities$7,050
XI-8 Prior period adjustments$43,379
XI-10 Net assets at end of year$567,262

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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