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Wave Farm Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 830346659 ✦ Acra, NY ✦ Designated as a 501(c)(3)

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Overview

What is Wave Farm Inc?

Wave Farm Inc is a nonprofit organization situated in ACRA, New York, with a focus on the emerging field of Transmission Arts. This genre encompasses diverse practices and media, exploring the concept of transmission or the physical properties of the electromagnetic spectrum. As a pioneer in this domain, Wave Farm offers resources and support to artists and organizations that utilize media as an artistic medium, primarily through broadcast media and the airwaves. With a team of six dedicated individuals, Wave Farm's mission is to experiment with and promote the use of these transmission technologies, contributing to the growth and development of the Transmission Arts genre.


Official website here: www.wavefarm.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Wave Farm Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization scored 96% overall, based entirely on its accountability and finance metrics, indicating a high level of transparency and effective financial management. This score is significant as it assures donors that their contributions are being utilized efficiently and responsibly.

The nonprofit's strengths are highlighted by its performance in various categories. Wave Farm Inc boasts a fully independent board, receiving full marks for both the majority of independent board members and the size of the independent board. Additionally, the organization demonstrates robust financial practices, with a program expense ratio of 96.05%, which suggests that the majority of its expenditures support its mission-related programs rather than administrative costs.

While the rating reflects a strong overall performance, potential donors may want to consider the broader context of the organization's impact and outreach. However, the lack of reported issues such as material diversion of assets and the presence of comprehensive policies further bolster the nonprofit's reputation as a trustworthy steward of resources. Overall, Wave Farm Inc exemplifies effective governance and financial responsibility.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Wave Farm Inc?

96% of the 33 reviewers on Facebook recommend Wave Farm Inc. Here is a summary of their reviews:

Many users express their appreciation for the opportunities that Wave Farm provides, particularly highlighting the supportive environment it creates for aspiring artists and broadcasters. A review specifically mentions the joy of witnessing a daughter’s show on WGXC before heading off to college, reflecting a strong personal connection and satisfaction with what the nonprofit brings to the community.

Overall, the sentiment toward Wave Farm Inc is overwhelmingly positive, with commenters emphasizing the organization's positive impact on local talent and the vibrant experiences it fosters. The community seems to feel a deep appreciation for the creative platform and the enriching activities offered.


This AI summary has been generated from reviews found on Facebook.

Is Wave Farm Inc legitimate?

Wave Farm Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wave Farm Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $62,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $200,211

For more financial information, click here


Official website here: www.wavefarm.org

What is the mission statement of Wave Farm Inc?

Wave Farm Inc is a non-profit arts organization that is pioneering in the field of transmission arts. By experimenting with broadcast media and the airwaves, the organization provides access to transmission technologies and supports artists and organizations that engage with media as an art form. Wave Farm's mission is to cultivate and promote this unique genre, which encompasses a diverse range of practices and media, often manifesting as radio art, video art, installation, and performance. The organization's activities aim to foster a participatory and live art experience, often in a time-based format.


Official website here: www.wavefarm.org

Who is the CEO of Wave Farm Inc?

Galen Joseph-Hunter is the Ex Dir/Ex-Of of Wave Farm Inc.


Official website here: www.wavefarm.org

What is the revenue of Wave Farm Inc?

Wave Farm Inc's revenue in 2022 was $958,714.


Official website here: www.wavefarm.org

Who are the executives of Wave Farm Inc and what are their salaries?

The average compensation at Wave Farm Inc during 2022 was $43,785. There are 6 employees at Wave Farm Inc.


Here are 7 key members and their salaries:


Galen Joseph-Hunter (Ex Dir/Ex-Of)
  • Compensation: $62,500
  • Related: $0
  • Other: $0
Iliya Fridman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Friz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yvette Janine Jackson (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Kuhn (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eliel Mamousette (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liam Singer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wavefarm.org

Where can I find the form 990 for Wave Farm Inc?

Wave Farm Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wavefarm.org

Learn more at the official website: www.wavefarm.org

Mission Statement of Wave Farm Inc

Wave Farm Inc, a pioneering non-profit arts organization, is driven by a passion for exploration in the realm of broadcast media and the airwaves. Its mission is to provide access to transmission technologies and support artists and organizations that engage with media as a form of art. By pioneering the transmission arts genre, Wave Farm Inc encourages a diverse range of practices, encompassing radio art, video art, installation, and performance. This genre often manifests as participatory live-art or time-based art, inviting active engagement from its audience. By fostering this genre, Wave Farm Inc plays a significant role in promoting creativity and innovation within the art world.

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Impact




July, 2024

Wave Farm Inc's impact lies in its pioneering role in the transmission arts genre, providing access to transmission technologies and supporting artists and organizations engaged with media as an art form. By focusing on establishing and cultivating transmission arts, this organization opens up new avenues for artistic expression and exploration. Through its programs, Wave Farm fosters creativity and innovation in the realm of broadcast media and the airwaves, contributing to the rich tapestry of contemporary art practices.




This information is meant to be a general summary of Wave Farm Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$958,714 (2022)
Expenses
$840,676 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $158,990
  • Gross Receipts: $958,714

Assets and Liabilities:

  • Total Assets: $1,074,255
  • Total Liabilities: $455,177
  • Net Assets: $619,078

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRACTED SERVICES INCOME

Revenue

$129,094

SPONSORSHIP ADMIN FEE

Revenue

$29,896

Organization Details

Founding Year

2002

Principal Officer

Galen Joseph-Hunter

Main Address

PO BOX 13, ACRA, NY, 12405

NTEE Category

Code: A34 - Arts

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