NonprofitsSoundwaves Art Foundation

Human Services

Soundwaves Art Foundation

LOCKHART, TX

Total revenue

$3.5M

Total expenses

$2.9M

Net assets

$3.4M

Grants received

$101K

4 grants

EIN

463817830

Tax year

2024

Mission

We are a philanthropic foundation that makes original pieces of art by capturing the digital heartbeat of some of the world's most iconic music. 100% of our profits go to charities focusing on social justice, the environment, disaster relief, music education, and mental health.

Financials

FY 2024

Revenue

Contributions & grants$100K
Program service revenue
Investment income$39K
Other revenue$3.3M
Total revenue$3.5M

Expenses

Grants paid$1.2M
Salaries & benefits$742K
Fundraising$17K
Other expenses$985K
Total expenses$2.9M
Total assets$3.4M
Net assets$3.4M

People

5 listed

NameRoleCompensation

TIMOTHY W WAKEFIELD

MANAGING DIRECTOR

Board

$300K

70 hrs/wk

SHARON WAKEFIELD

ACCOUNTING DIRECTOR

Board

$62K

20 hrs/wk

MAKENNA HATTER-PAXTON

SECRETARY

Board

1 hrs/wk

NINA MILLER

TREASURER

Board

1 hrs/wk

EDWARD BAILEY

PRESIDENT

Board

1 hrs/wk

Independent contractors

HEAD HONCHO WAKEY CONSULTANCY LTD

PROFESSIONAL SERVICES

$258K

JEREMY KLITZMAN

PROFESSIONAL SERVICES

$170K

Grants received

Showing 4 of 4

FromAmountPurposeYear
$100K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$15
Financial Assistance
2021
$621
GENERALSUPPORTGRANT
2020
$15
Financial Assistance
2020

Funded by

$101K from 3 funders · 4 grants · 2020–2024

The Us Charitable Gift Trust

$100K · 1 grant · 2024

Ask Charitable Foundation

$621 · 1 grant · 2020

Assurant Foundation

$30 · 2 grants · 2020–2021

Details

EIN463817830
NTEE codeP12
Subsection03
Ruling date2014-02
Formed2013
Employees8
Volunteers0
SOUNDWAVES ART FOUNDATION — Mission, Financials & Grants Received | Grantivo