Civic Intelligence

Wave Farm Inc.

990 • Fiscal year 2017 • EIN 83-0346659

Jul 01, 2016 to Jun 30, 2017 • Filed on Oct 17, 2017

5662 Route 23Acra, NY 12405

(518) 622-2598

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

74th percentile

0.14x

Higher debt load relative to assets than 74% of similar nonprofits.

2017 filings • NTEE A • <$500k nonprofits • Source year 2017

Liabilities / Revenue

83rd percentile

0.14x

Higher debt load relative to revenue than 83% of similar nonprofits.

2017 filings • NTEE A • <$500k nonprofits • Source year 2017

Net Margin

47th percentile

1.8%

Higher net margin than 47% of similar nonprofits.

2017 filings • NTEE A • <$500k nonprofits • Source year 2017

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • NTEE A • <$500k nonprofits • Source year 2017

Asset Growth

44th percentile

-0.3%

Faster asset growth than 44% of similar nonprofits.

2017 filings • NTEE A • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

43rd percentile

-2.0%

Faster revenue growth than 43% of similar nonprofits.

2017 filings • NTEE A • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$433,669

Down $1,521 (-0.3%) from 2016

Net Assets

Up

$373,689

Up $7,763 (+2.1%) from 2016

Liabilities

Down

$59,980

Down $9,284 (-13%) from 2016

Revenue

Down

$439,187

Down $8,921 (-2.0%) from 2016

Expenses

Up

$431,424

Up $3,746 (+0.9%) from 2016

Net Income

Down

$7,763

Down $12,667 (-62%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $389,573Liabilities 2011: $101,002Net Assets 2011: $288,5712011Assets 2012: $425,676Liabilities 2012: $119,720Net Assets 2012: $305,9562012Assets 2013: $409,229Liabilities 2013: $107,783Net Assets 2013: $301,4462013Assets 2014: $406,434Liabilities 2014: $96,055Net Assets 2014: $310,3792014Assets 2015: $434,689Liabilities 2015: $89,193Net Assets 2015: $345,4962015Assets 2016: $435,190Liabilities 2016: $69,264Net Assets 2016: $365,9262016Assets 2017: $433,669Liabilities 2017: $59,980Net Assets 2017: $373,6892017Assets 2018: $436,558Liabilities 2018: $80,969Net Assets 2018: $355,5892018Assets 2019: $803,023Liabilities 2019: $444,651Net Assets 2019: $358,3722019Assets 2020: $896,736Liabilities 2020: $490,601Net Assets 2020: $406,1352020Assets 2021: $1,255,039Liabilities 2021: $687,777Net Assets 2021: $567,2622021Assets 2022: $1,074,255Liabilities 2022: $455,177Net Assets 2022: $619,0782022Assets 2023: $1,189,861Liabilities 2023: $389,437Net Assets 2023: $800,4242023Assets 2024: $1,210,458Liabilities 2024: $373,303Net Assets 2024: $837,1552024

Highlighted filing

2017

Assets$433,669
Liabilities$59,980
Net Assets$373,689

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2011: $192,7882011Expenses 2012: $438,8532012Revenue 2013: $330,961Expenses 2013: $335,471Net Income 2013: -$4,5102013Revenue 2014: $442,344Expenses 2014: $433,411Net Income 2014: $8,9332014Revenue 2015: $438,323Expenses 2015: $403,206Net Income 2015: $35,1172015Revenue 2016: $448,108Expenses 2016: $427,678Net Income 2016: $20,4302016Revenue 2017: $439,187Expenses 2017: $431,424Net Income 2017: $7,7632017Revenue 2018: $404,669Expenses 2018: $422,769Net Income 2018: -$18,1002018Revenue 2019: $440,106Expenses 2019: $445,272Net Income 2019: -$5,1662019Revenue 2020: $451,467Expenses 2020: $403,704Net Income 2020: $47,7632020Revenue 2021: $836,950Expenses 2021: $726,252Net Income 2021: $110,6982021Revenue 2022: $958,714Expenses 2022: $840,676Net Income 2022: $118,0382022Revenue 2023: $1,067,163Expenses 2023: $885,452Net Income 2023: $181,7112023Revenue 2024: $939,475Expenses 2024: $902,745Net Income 2024: $36,7302024

Highlighted filing

2017

Revenue$439,187
Expenses$431,424
Net Income$7,763
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Oct 17, 2017
Return Version
2016v3.0
Gross Receipts
$440,292
Mission and Program Overview

Mission

Wave farm is a non-profit arts organization driven by experimentation with broadcast media and the airwaves. A pioneer of the transmission arts genre, wave farm programs provide access to transmission technologies and support artists and organizations that engage with media as an art form.

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. Transmission art is generally a participatory live-art or time-based art, and often manifests as radio art, video art, installation and performance.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$326,193$307,850▼ $18,343
Cash and Non-Interest-Bearing Accounts$90,668$112,219▲ $21,551
Loans From Officers Directors$43,363$33,197▼ $10,166
Accounts Receivable$18,329$13,600▼ $4,729
Total Assets$435,190$433,669▼ $1,521
Liabilities
Deferred Revenue$16,307$21,735▲ $5,428
Accounts Payable and Accrued Expenses$7,575$4,129▼ $3,446
Other Liabilities$2,019$919▼ $1,100
Total Liabilities$69,264$59,980▼ $9,284
Net Assets / Fund Balance
Unrestricted Net Assets$365,926$373,689▲ $7,763
Total Net Assets Fund Balance$365,926$373,689▲ $7,763
Total Liabilities and Net Assets / Fund Balance$435,190$433,669▼ $1,521

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$257,982$38,133$296,115
Equipment$49,868$114,093$163,961
Compensation and Service Providers

Board Members and Trustees

NameTitle
Andy GunnPresident
Anna FrizDirector
Emily ZimmermanSecretary
Laura KuhnTreasurer
John AndersonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$413,329
Program Service Revenue
$21,074
Investment Income
$-97
Other Revenue
$4,881
All Other Contributions
$172,848
Change in Net Assets
$7,763
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$283,521
Salaries, Compensation, and Employee Benefits$147,903
Total Fundraising Expense$6,866
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$93,385$6,319$1,580$101,284
Current Officers, Directors, Trustees, and Key Employees$26,250$7,000$1,750$35,000
All Other Expenses$29,733$2,729$380$32,842
Occupancy$28,311--$28,311
Depreciation Depletion$16,746$4,785$2,392$23,923
Payroll Taxes$10,200$1,135$284$11,619
Other Expenses$10,098$28,731-$10,098
Insurance$7,423$1,558$195$9,176
Advertising$6,595--$6,595
Office Expenses$2,696$719$285$3,700
Travel$1,888--$1,888
Interest$1,864--$1,864
Total Functional Expenses$371,582$52,976$6,866$431,424
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$3,673
Fundraising Direct Expenses$1,008
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$43,363$33,197▼ $10,166
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards Payable$919
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The organization holds a board meeting where form 990 and the audited financial statements are reviewed. A vote is then taken for the approval of form 990 and financial statements prior to the filing of form 990.

Form 990, Page 6, Part VI, Line 12C

Disclosure in the organization should be made to the chief executive officer (or if she or he is the one with the conflict, then to the board chair), who shall bring the matter to the attention of the board. The board shall determine whether a conflict exists and in the case of an existing conflict, whether the contemplated transaction may be authorized as just, fair and reasonable to the organization. The decision of the board on these matters will rest in their sole discretion, and their concern must be the welfare of the organization and the advancement of its purpose.

Form 990, Page 6, Part VI, Line 15A

The board of directors approves salaries as part of our annual budget approval process. Wave farm inc.'s salaries remain extremely modest in comparison to norms for the field. Field surveys such as those conducted by the new york nonprofit coordinating committee serve as a reliable representation of what average new york nonprofit salary ranges are at any given time.

Form 990, Page 6, Part VI, Line 15B

The board of directors approves salaries as part of our annual budget approval process. Wave farm, inc.'s salaries remain extremely modest in comparison to norms for the field. Field surveys such as those conducted by the new york nonprofit coordinating committee serve as a reliable representation of what average new york nonprofit salary ranges are at any given time.

Form 990, Page 6, Part VI, Line 19

The governing documents, conflict of interest policy and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Wave Farm Inc
EIN
83-0346659
Phone
5186222598
Address
5662 ROUTE 23, ACRA, NY 12405

Signing Officer

Name
Andy Gunn
Title
President
Phone
5186222598
Signed
2017-10-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andy Gunn
Formed
2002
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
8

Preparer

Firm
Accounting Offices of Tom Fucito CPA Pc
Address
PO BOX 897, CAIRO, NY 12413-0897
Preparer
Thomas Fucito CPA
Phone
5186222844
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

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. Transmission art is generally a participatory live-art or time-based art, and often manifests as radio art, video art, installation and performance.

Raw XML AppendixShowing 400 of 406 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt07575
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04129
IRS990/AccountsReceivableGrp/BOYAmt018329
IRS990/AccountsReceivableGrp/EOYAmt013600
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ARTS 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. TRANSMISSION ART IS GENERALLY A PARTICIPATORY LIVE-ART OR TIME-BASED ART, AND OFTEN MANIFESTS AS RADIO ART, VIDEO ART, INSTALLATION AND PERFORMANCE.
IRS990/AdvertisingGrp/ProgramServicesAmt06595
IRS990/AdvertisingGrp/TotalAmt06595
IRS990/AllOtherContributionsAmt0172848
IRS990/AllOtherExpensesGrp/FundraisingAmt0380
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02729
IRS990/AllOtherExpensesGrp/ProgramServicesAmt029733
IRS990/AllOtherExpensesGrp/TotalAmt032842
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0GALEN JOSEPH-HUNTER
IRS990/BooksInCareOfDetail/PhoneNum05186222598
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05662 ROUTE 23
IRS990/BooksInCareOfDetail/USAddress/CityNm0ACRA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd012405
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt090668
IRS990/CashNonInterestBearingGrp/EOYAmt0112219
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt01750
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt07000
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt026250
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt035000
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0413329
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-97
IRS990/CYOtherExpensesAmt0283521
IRS990/CYOtherRevenueAmt04881
IRS990/CYProgramServiceRevenueAmt021074
IRS990/CYRevenuesLessExpensesAmt07763
IRS990/CYSalariesCompEmpBnftPaidAmt0147903
IRS990/CYTotalExpensesAmt0431424
IRS990/CYTotalFundraisingExpenseAmt06866
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0439187
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt016307
IRS990/DeferredRevenueGrp/EOYAmt021735
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt02392
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt04785
IRS990/DepreciationDepletionGrp/ProgramServicesAmt016746
IRS990/DepreciationDepletionGrp/TotalAmt023923
IRS990/Desc0ARTS 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. TRANSMISSION ART IS GENERALLY A PARTICIPATORY LIVE-ART OR TIME-BASED ART, AND OFTEN MANIFESTS AS RADIO ART, VIDEO ART, INSTALLATION AND PERFORMANCE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt08
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0371582
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm1ANNA FRIZ
IRS990/Form990PartVIISectionAGrp/PersonNm2ANDY GUNN
IRS990/Form990PartVIISectionAGrp/PersonNm3LAURA KUHN
IRS990/Form990PartVIISectionAGrp/PersonNm4EMILY ZIMMERMAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt01008
IRS990/FundraisingGrossIncomeAmt03673
IRS990/GainOrLossGrp/OtherAmt0-97
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0240481
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0440292
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt0195
IRS990/InsuranceGrp/ManagementAndGeneralAmt01558
IRS990/InsuranceGrp/ProgramServicesAmt07423
IRS990/InsuranceGrp/TotalAmt09176
IRS990/InterestGrp/ProgramServicesAmt01864
IRS990/InterestGrp/TotalAmt01864
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt027
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0152226
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0326193
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0307850
IRS990/LandBldgEquipCostOrOtherBssAmt0460076
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt097
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt043363
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt033197
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ARTS 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. TRANSMISSION ART IS GENERALLY A PARTICIPATORY LIVE-ART OR TIME-BASED ART, AND OFTEN MANIFESTS AS RADIO ART, VIDEO ART, INSTALLATION AND PERFORMANCE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0365926
IRS990/NetAssetsOrFundBalancesEOYAmt0373689
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-97
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-97
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt02665
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt02665
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt022125
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt028311
IRS990/OccupancyGrp/TotalAmt028311
IRS990/OfficeExpensesGrp/FundraisingAmt0285
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0719
IRS990/OfficeExpensesGrp/ProgramServicesAmt02696
IRS990/OfficeExpensesGrp/TotalAmt03700
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0REGRANT EXPENSES
IRS990/OtherExpensesGrp/Desc1OUTSIDE PROFESSIONAL FEES
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3OUTSIDE ARTISTIC FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt028731
IRS990/OtherExpensesGrp/ProgramServicesAmt0122470
IRS990/OtherExpensesGrp/ProgramServicesAmt113923
IRS990/OtherExpensesGrp/ProgramServicesAmt210098
IRS990/OtherExpensesGrp/TotalAmt0122470
IRS990/OtherExpensesGrp/TotalAmt128731
IRS990/OtherExpensesGrp/TotalAmt213923
IRS990/OtherExpensesGrp/TotalAmt310098
IRS990/OtherLiabilitiesGrp/BOYAmt02019
IRS990/OtherLiabilitiesGrp/EOYAmt0919
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt02216
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02216
IRS990/OtherRevenueTotalAmt02216
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt01580
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt06319
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt093385
IRS990/OtherSalariesAndWagesGrp/TotalAmt0101284
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0284
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01135
IRS990/PayrollTaxesGrp/ProgramServicesAmt010200
IRS990/PayrollTaxesGrp/TotalAmt011619
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ANDY GUNN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CONTRACTED SERVICES INCOME
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011287
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt19787
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011287
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt19787
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0390679
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0291550
IRS990/PYOtherRevenueAmt013567
IRS990/PYProgramServiceRevenueAmt043862
IRS990/PYRevenuesLessExpensesAmt020430
IRS990/PYSalariesCompEmpBnftPaidAmt0136128
IRS990/PYTotalExpensesAmt0427678
IRS990/PYTotalRevenueAmt0448108
IRS990/ReconcilationRevenueExpnssAmt07763
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt021074
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 1,992
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0413329
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0390679
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0400796
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0405472
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0292447
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01902723
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0373
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0373
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt021074
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0996
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0996
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01992
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98660
IRS990ScheduleA/PublicSupportPY170Pct00.98750
IRS990ScheduleA/PublicSupportTotal170Amt01902723
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0413329
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0390679
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0400796
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0405472
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0292447
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01902723
IRS990ScheduleA/TotalSupportAmt01928469
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt03881
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt012567
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt03088
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt03477
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt0368
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt023381
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0257982
IRS990ScheduleD/BuildingsGrp/DepreciationAmt038133
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0296115
IRS990ScheduleD/EquipmentGrp/BookValueAmt049868
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0114093
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0163961
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0919
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARDS PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0307850
IRS990ScheduleD/TotalLiabilityAmt0919
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt019882
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt113315
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0CONSTRUCTION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1CONSTRUCTION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt057578
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt138560
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0GALEN JOSEPH-HUNTER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1GALEN JOSEPH-HUNTER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/TotalBalanceDueAmt033197
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ARTS 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. TRANSMISSION ART IS GENERALLY A PARTICIPATORY LIVE-ART OR TIME-BASED ART, AND OFTEN MANIFESTS AS RADIO ART, VIDEO ART, INSTALLATION AND PERFORMANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HOLDS A BOARD MEETING WHERE FORM 990 AND THE AUDITED FINANCIAL STATEMENTS ARE REVIEWED. A VOTE IS THEN TAKEN FOR THE APPROVAL OF FORM 990 AND FINANCIAL STATEMENTS PRIOR TO THE FILING OF FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DISCLOSURE IN THE ORGANIZATION SHOULD BE MADE TO THE CHIEF EXECUTIVE OFFICER (OR IF SHE OR HE IS THE ONE WITH THE CONFLICT, THEN TO THE BOARD CHAIR), WHO SHALL BRING THE MATTER TO THE ATTENTION OF THE BOARD. THE BOARD SHALL DETERMINE WHETHER A CONFLICT EXISTS AND IN THE CASE OF AN EXISTING CONFLICT, WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED AS JUST, FAIR AND REASONABLE TO THE ORGANIZATION. THE DECISION OF THE BOARD ON THESE MATTERS WILL REST IN THEIR SOLE DISCRETION, AND THEIR CONCERN MUST BE THE WELFARE OF THE ORGANIZATION AND THE ADVANCEMENT OF ITS PURPOSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS APPROVES SALARIES AS PART OF OUR ANNUAL BUDGET APPROVAL PROCESS. WAVE FARM INC.'S SALARIES REMAIN EXTREMELY MODEST IN COMPARISON TO NORMS FOR THE FIELD. FIELD SURVEYS SUCH AS THOSE CONDUCTED BY THE NEW YORK NONPROFIT COORDINATING COMMITTEE SERVE AS A RELIABLE REPRESENTATION OF WHAT AVERAGE NEW YORK NONPROFIT SALARY RANGES ARE AT ANY GIVEN TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS APPROVES SALARIES AS PART OF OUR ANNUAL BUDGET APPROVAL PROCESS. WAVE FARM, INC.'S SALARIES REMAIN EXTREMELY MODEST IN COMPARISON TO NORMS FOR THE FIELD. FIELD SURVEYS SUCH AS THOSE CONDUCTED BY THE NEW YORK NONPROFIT COORDINATING COMMITTEE SERVE AS A RELIABLE REPRESENTATION OF WHAT AVERAGE NEW YORK NONPROFIT SALARY RANGES ARE AT ANY GIVEN TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0435190
IRS990/TotalAssetsEOYAmt0433669
IRS990/TotalAssetsGrp/BOYAmt0435190
IRS990/TotalAssetsGrp/EOYAmt0433669
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0413329
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt06866
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt052976
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0371582
IRS990/TotalFunctionalExpensesGrp/TotalAmt0431424
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt069264
IRS990/TotalLiabilitiesEOYAmt059980
IRS990/TotalLiabilitiesGrp/BOYAmt069264
IRS990/TotalLiabilitiesGrp/EOYAmt059980
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0365926
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0373689
IRS990/TotalProgramServiceExpensesAmt0371582
IRS990/TotalProgramServiceRevenueAmt021074
IRS990/TotalRevenueGrp/ExclusionAmt04881
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt020977
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0439187
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0435190
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0433669
IRS990/TravelGrp/ProgramServicesAmt01888
IRS990/TravelGrp/TotalAmt01888
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0365926
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0373689
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04002 BUNKER HILL RD
IRS990/USAddress/CityNm0BRENTWOOD
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd020722
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.WAVEFARM.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ANDY GUNN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05186222598
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WAVE FARM INC
ReturnHeader/Filer/BusinessNameControlTxt0WAVE
ReturnHeader/Filer/EIN0830346659
ReturnHeader/Filer/PhoneNum05186222598
ReturnHeader/Filer/USAddress/AddressLine1Txt05662 ROUTE 23
ReturnHeader/Filer/USAddress/CityNm0ACRA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012405
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId093E0F0578AD8781A9AD6C596F657AB125F5B67CA
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId093E0F0578AD8781A9AD6C596F657AB125F5B67CA
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0471943623
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ACCOUNTING OFFICES OF TOM FUCITO CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 897
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CAIRO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0124130897
ReturnHeader/PreparerPersonGrp/PhoneNum05186222844
ReturnHeader/PreparerPersonGrp/PreparationDt02017-10-17

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.21$0.37$0.84$0.94$0.90$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.19$0.39$0.80$1.07$0.89$0.18
2022Detailed filing. Detailed filing data is available for this year.$1.07$0.46$0.62$0.96$0.84$0.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$0.69$0.57$0.84$0.73$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.90$0.49$0.41$0.45$0.40$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.80$0.44$0.36$0.44$0.45$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.44$0.08$0.36$0.40$0.42$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.43$0.06$0.37$0.44$0.43$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.44$0.07$0.37$0.45$0.43$0.02
2015Summary only. Only limited summary data is available for this year.$0.43$0.09$0.35$0.44$0.40$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.41$0.10$0.31$0.44$0.43$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.11$0.30$0.33$0.34$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.12$0.31$0.44
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.10$0.29$0.19