EIN 86-1297241

New Wave Artist Residency

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
2021
Most recent tax filings
2021-12-01
Description
New Wave Artist Residency engages and inspires the West Palm community and the world by supporting under-represented artists through public programs and residencies. Four artists participated in our residency program, receiving a studio, apartment, stipend, travel expenses, and professional mentoring. We facilitated community engagement events and provided some art supplies to further foster artistic growth.
Total revenues
$338,355
2021
Total expenses
$61,426
2021
Total assets
$307,326
2021
Num. employees
0
2021

Program areas at New Wave Artist Residency

New Wave Artist Residency hosted four artists in our residency program by providing them with a studio, an apartment, a stipend, travel expenses and in some cases art supplies. We also provided professional mentoring and facilitated community engagement events such as open studios. We also hosted curators, artists and writers for the panel discussions for our annual New Wave Art weekend in December, our largest fundraising event of the year. This includes producing a gala dinner, and covering travel expenses and accommodations for the weekend participants, the speakers' honorarium, staffing of events, administrative costs and PR services.

Who funds New Wave Artist Residency

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Optima Charitable FoundationFor Donee's Exempt Purpose$10,000
The Liman FoundationOperating Support$2,500
GPD Charitable TrustArt$2,115

Personnel at New Wave Artist Residency

NameTitleCompensation
Sarah GavlakFounder$0

Financials for New Wave Artist Residency

RevenuesFYE 12/2021
Total grants, contributions, etc.$336,055
Program services$2,500
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-200
Miscellaneous revenues$0
Total revenues$338,355

Form 990s for New Wave Artist Residency

Fiscal year endingDate received by IRSFormPDF link
2021-122024-06-12990View PDF

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Data update history
August 3, 2024
Posted financials
Added Form 990 for fiscal year 2021
August 1, 2024
Updated personnel
Identified 3 new personnel
July 23, 2024
Used new vendors
Identified 3 new vendors, including , , and
July 14, 2024
Received grants
Identified 2 new grant, including a grant for $2,500 from The Liman Foundation
January 2, 2024
Received grants
Identified 3 new grant, including a grant for $10,000 from The Optima Charitable Foundation
Nonprofit Types
Arts, culture, and humanities nonprofitsCharities
Issues
Arts, cultural, and humanities
Characteristics
State / local levelCommunity engagement / volunteeringTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
2406 Florida Ave
West Palm Beach, FL 33401
Metro area
Miami-Fort Lauderdale-Pompano Beach, FL
County
Palm Beach County, FL
Website URL
newwave.art/ 
Phone
(561) 833-0583
IRS details
EIN
86-1297241
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A20: Arts, Cultural Organizations
NAICS code, primary
7113: Promoters of Performing Arts, Sports, and Similar Events
Parent/child status
Independent
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