CSCharityScored
44

Wave Foundation Inc

Arts & Culture · Newport, Kentucky

1 Aquarium Way, Newport, KY 41071-1679

EIN: 611325992· Founded: Nov 1998· 28 years active· Filing Year: 2023

Annual Revenue

$1.1M

Total Expenses

$787K

Total Assets

$3.1M

Program Spending

33%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$171K

21.8% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$291K

Total Payroll

$462K

59% of total expenses

Where the Money Goes

33%
Programs: 33%
Payroll: 59%
Other overhead: 67%
Program Revenue$258K (24%)
Total Expenses$787K (73%)
Payroll$462K (59%)
Overhead (non-program)67%

Trust Score Breakdown

Program Spending Ratio

33% of expenses go to programs

40%

Revenue & Stability

$1.1M annual revenue

15%

Executive Compensation

$171K total officer comp (21.8% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$3.1M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.