Soundwaves Art Foundation

Human services organization based in Lockhart, TX. 8 employees. Exempt under §501(c)(3).

MissionWE 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.

Financial snapshot · TY 2024

$3.5M
Total revenue
$2.9M
Total expenses
$3.4M
Net assets

Financial health · TY 2024

70
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
77
13.9 months of expenses
Program efficiency
98
89.3% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

Timothy W Wakefield
MANAGING DIRECTOR
$310,415
98th percentile vs. peers
Sharon Wakefield
ACCOUNTING DIRECTOR
$62,178
6th percentile vs. peers

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Soundwaves Art Foundation Executive Compensation | 990 Data | DoubleNine