NonprofitsWave Pool Corp

Arts, Culture & Humanities

Wave Pool Corp

CINCINNATI, OH

Total revenue

$403K

Total expenses

$505K

Net assets

$184K

Grants received

$1.5M

40 grants

EIN

475054823

Tax year

2023

Mission

Wave Pool Contemporary Art Centers purpose is to exhibit, educate, and support artists and help provide services to the community by guest artists, programs, and other events.

Programs

2 programs

Welcome project - The Welcome Project is a social enterprise that combines a small market, food pantry and teaching kitchen with a boutique and makers space to train our newest neighbors in store management and art skills while bringing new life to the business district of Camp Washington, Cincinnati. Welcomes mission is to empower marginalized and at risk refugees and immigrants by providing jobs, education and skills training, in order to provide them with a better life and foster greater understanding and compassion in our city. We are working with refugees and immigrant artists and home chefs to mentor them toward achieving their business goals.

Expenses: $149K

Studio and woodshop space rental - Wave Pool has always been a space not just for art viewing, but for making, artistic development, and community building. A large part of our space is dedicated for below- market-rate artist studio rentals as well as a community woodshop and ceramics studio. By renting a studio, artists are instantly connected to a community of artists and artistic programming that happens at Wave Pool and are often participants in our artistic critique nights as well as are the first community members we call upon to hire when we need something built or designed. Wave Pools wood shop regular community hours where anyone is welcome to learn how to use a tool, take a class, or build a personal project. We also have resources and space for weekly open community ceramics classes. We have scholarships available for folks that cannot normally afford to take these classes, and also now have a tool library available for neighborhood residents to borrow tools to use at home for projects.

Expenses: $7K

Financials

FY 2023

Revenue

Contributions & grants$294K
Program service revenue$103K
Investment income
Other revenue$7K
Total revenue$403K

Expenses

Grants paid
Salaries & benefits$233K
Fundraising$33K
Other expenses$273K
Total expenses$505K
Total assets$562K
Net assets$184K

People

7 listed

NameRoleCompensation

Carrington Broeman

Interim Executive Director

Board

$72K

40 hrs/wk

Jenna Shaifer

Board Chair

Board

2 hrs/wk

Lee Bower

Vice Chair and Treasurer

Board

1 hrs/wk

Geoffrey Cullen

Secretary

Board

1 hrs/wk

Sara Vance Waddell

Member

Board

1 hrs/wk

Diane Fishbein

Member

Board

1 hrs/wk

Michael Mann

Member

Board

1 hrs/wk

Grants received

Showing 40 of 40

FromAmountPurposeYear
$100K
GENERAL OPERATING SUPPORT
2024
$91K
ARTS AND CULTURE
2024
$50K
GENERAL OPERATING / ORGANIZATION REVIEW / SEED CAPACITY BUILD
2024
$25K
MIDTONES CREATIVE PLATFORM
2024
$6K
PROGRAMATIC SUPPORT
2024
$6K
PROGRAMATIC SUPPORT
2024
$304K
PROGRAMATIC SUPPORT
2023
$125K
ARTS, CULTURE
2023
$67K
UNDERWORLD BLACK ARTS FESTIVAL 2023
2023
$54K
Sustaining Impact Grant
2023
$36K
FOSTER BELONGING
2023
$11K
Humanitarian Aid
2023
$5K
SAFE AND CLEAN GRANT
2023
$2K
UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.
2023
$75K
HAILE FOUNDATION GRANT
2022
$50K
PROGRAM SUPPORT (OVER 2 YEARS)
2022
$49K
Program Operating Cost
2022
$15K
ARP - Ohio
2022
$7K
FOOD ACCESS PROGRAMS
2022
$6K
TO PROVIDE FUNDING FOR PROJECT CONTEMPORARY ART FULFILLMENT AT THE FIREHOUSE
2022
$10
EMPLOYEE MATCHING GIFT DONATION
2022
$50K
PROGRAM SUPPORT (OVER 2 YEARS)
2021
$40K
GENERAL OPERATING SUPPORT
2021
$14K
FOR DONEE'S EXEMPT PURPOSE
2021
$4K
COMMUNITY ENGAGEMENT
2021
$1K
UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.
2021
$155K
DRIVING LESSONS: ARTIST PROFESSIONAL DEVELOPMENT
2020
$31K
Sustaining Impact Support
2020
$13K
GENERAL PURPOSE
2020
$12K
TO PROVIDE FUNDING FOR WAVE POOL CORP.
2020
$1K
UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.
2020
$1K
GENERAL OPERATING FUND
2020
$100
EMPLOYEE MATCHING GIFTS
2020
$14K
Catalyzing Impact Support
2019
$2K
SUPPORT CHARITABLE PURPOSE
2019
$1K
Arts Education
2019
$2K
PAIRING COMMUNITY NEEDS WITH ARTISTS
2018

Funded by

$1.5M from 23 funders · 40 grants · 2018–2024

Carol Ann And Ralph V Haile Jr

$372K · 5 grants · 2020–2024

The Greater Cincinnati Foundation

$328K · 4 grants · 2020–2024

Cincinnati Institute of Fine Arts

$202K · 5 grants · 2019–2023

American Endowment Foundation

$125K · 1 grant · 2023

Sozosei Foundation Inc

$100K · 1 grant · 2024

The Andy Warhol Foundation For The

$100K · 2 grants · 2021–2022

Gs Donor Advised Philanthropy Fund

$91K · 1 grant · 2024

United Way of Greater Cincinnati

$49K · 1 grant · 2022

Details

EIN475054823
NTEE codeA40
Subsection03
Ruling date2015-09
Formed2015
Employees6
Volunteers30
WAVE POOL CORP — Mission, Financials & Grants Received | Grantivo