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Missouri · Nonprofit

NEW WAVE CORPORATION

NEW WAVE CORPORATION (Missouri) receives grants from 10 organizations whose IRS filings report $1,044,929 to it, the largest being CORPORATION FOR PUBLIC BROADCASTING ($855,189). 5 of them have funded it in more than one year.

Revenue FY2025
$492k
Funders on record
10
Grants received
$1.0M
Net assets
$948k
5/10 repeat funderspeak grant-dependency 41%
01What it does

What New Wave Corporation does

Mission

Listner-supported community public radio station committed to educating and enriching the lives of its membership and the community it serves

As stated on its FY2025 Form 990.

Program

  1. The New Wave Corporation operates KOPN 89.5 FM, a non-commercial, listener-supported community radio station broadcasting 24/7 to thousands of urban and rural listeners in central Missouri. Programming includes national news and analysis and locally produced programs covering diverse musical genres, local issues and events, the arts, emerging technologies, food and nutrition, farming, and health. The New Wave Corporation provides a neutral forum for the discussion of issues important to the community at large, training in radio production, and community service opportunities through participation with the local court system.

    $255,504 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $255,504.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($232k) Expenses 100 ($207k) Net assets 100 ($66k)2018 Revenue 157 ($364k) Expenses 118 ($243k) Net assets 311 ($204k)2019 Revenue 110 ($255k) Expenses 168 ($348k) Net assets 193 ($127k)2020 Revenue 199 ($462k) Expenses 131 ($272k) Net assets 598 ($393k)2021 Revenue 103 ($239k) Expenses 162 ($335k) Net assets 701 ($460k)2022 Revenue 213 ($496k) Expenses 161 ($334k) Net assets 948 ($623k)2023 Revenue 238 ($554k) Expenses 223 ($461k) Net assets 1089 ($715k)2024 Revenue 215 ($499k) Expenses 194 ($402k) Net assets 1236 ($812k)2025 Revenue 212 ($492k) Expenses 172 ($356k) Net assets 1443 ($948k)
'17'18'19'20'21'22'23'24'25
Revenue (212)Expenses (172)Net assets (1443)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $469k to $881k (+88%).

$91k
$209k
$150k
$418k
$469k
$881k
$856k
$917k
$983k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 20% · 2021 15% · 2022 5% · 2023 2% · 2024 4% · 2025 7%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$25k
’17
$120k
’18
−$93k
’19
$190k
’20
−$96k
’21
$162k
’22
$93k
’23
$96k
’24
$136k
’25
13
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed141212121112111013
Joined·+5+9+4+1+3+3+3+3
No longer listed·79422440
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 3 funders, grant income rose $73k → $195k.

5 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 13% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of NEW WAVE CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

NEW WAVE CORPORATION leans on a few funders — its largest provides 82% of grant income and the top three 96%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

97% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NEW WAVE CORPORATION.

82%
largest funder
96%
top three
~1
effective funders

Largest funder’s share by year: 2017 99% · 2018 99% · 2019 79% · 2020 97% · 2021 93% · 2022 89% · 2023 51% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

60% of NEW WAVE CORPORATION's funders are still giving 3 years after their first grant; 50% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

NEW WAVE CORPORATION draws 96% of its grant income from funders outside Missouri, across 4 states in all.

CA
MO
DE
DC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Missouri out of state home

Funder states come from each funder’s own filing. $141k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like NEW WAVE CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Missouri

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

72% of spending goes to programs.

Program 72%Management 22%Fundraising 6%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for NEW WAVE CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NEW WAVE CORPORATION?
NEW WAVE CORPORATION (Missouri) receives grants from 10 organizations whose IRS filings report $1,044,929 to it, the largest being CORPORATION FOR PUBLIC BROADCASTING ($855,189). 5 of them have funded it in more than one year.
How many funders does NEW WAVE CORPORATION have?
IRS filings report 10 organizations giving $1,044,929 in grants to NEW WAVE CORPORATION, 5 of which have funded it in more than one year.
Who is the largest funder of NEW WAVE CORPORATION?
CORPORATION FOR PUBLIC BROADCASTING is the largest funder on record, with $855,189 in grants. The full list of funders is on this page.
How can an organization like NEW WAVE CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Missouri. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds New Wave →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 10 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing