Seventh Wave Magazine Inc
- Assets
- $3.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Normandy Park, WA
- Founding
- 08/2015
- Data as of
- 12/2021
- EIN
- 47-4469984
Organization Overview
Seventh Wave Magazine Inc is located in Normandy Park, WA. The organization was established in 2015. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seventh Wave Magazine Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Seventh Wave Magazine Inc generated $21.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $23.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PUBLISHING OF MAGAZINE AND PRESENTATION OF PERFORMANCES RELATING TO SOCIAL ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joyce Chen President | 1 | $0 | |
Brett Rawson Vice President & Treasurer | 1 | $0 | |
Krista Gampper Secretary | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,071 |
| Total Program Service Revenue | $995 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $21,066 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,518 |
| Professional fees and other payments to independent contractors | $8,972 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,577 |
| Total expenses | $23,067 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,280 |
| Other assets | $0 |
| Total assets | $3,280 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,280 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Seventh Wave Magazine Inc has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Leadership For Educational Equity Foundation New York, NY PURPOSE: NEW VENTURE GRANT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Cancer Association Portland, OR | $5,324,937 | $6,576,998 |
Alaska Arts Southeast Inc Sitka, AK | $19,555,486 | $2,984,564 |
Spokane Hoopfest Association Spokane, WA | $2,144,034 | $2,339,102 |
Wallowa Resources Enterprise, OR | $1,481,576 | $2,430,712 |
West African Community Council Seattle, WA | $926,641 | $1,845,270 |
Gay City Health Project Seattle, WA | $677,625 | $1,817,689 |
Holocaust Center For Humanity Seattle, WA | $3,908,413 | $2,174,062 |
Foundation For Healthy Relationships Seattle, WA | $8,055,489 | $2,267,956 |
Broadway Bound Childrens Theatre Seattle, WA | $120,014 | $981,054 |
Whidbey Institute Clinton, WA | $5,224,693 | $1,663,695 |
Downtown Walla Walla Foundation Walla Walla, WA | $302,632 | $525,813 |
Native Peoples Action Community Fund Anchorage, AK | $1,033,782 | $1,072,148 |