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Nonprofit · EIN 43-1026021

NEW WAVE CORPORATION

Also known as KOPN RADIO

Tax-exempt · COLUMBIA, MO 65203

Financials

$554K$461K2022$499K$402K2023$492K$356K2024
Revenue Expenses · by fiscal year end
Financials of NEW WAVE CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990 (amended)$491,906$356,043$135,863$983,331$35,773$947,558
September 30, 2024990$498,507$402,156$96,351$917,035$105,340$811,695
September 30, 2023990$553,872$461,184$92,688$856,320$140,976$715,344
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$459,710
of which government grants
$36,019
Program service revenue
$26,727
Investment income
$5,359
Other revenue
$110

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$55,774
Salaries, compensation and benefits (total)
$109,173
Professional fundraising fees
$0
Accounting fees
$21,745
Occupancy
$15,168
Depreciation
$21,576
Program services (functional)
$255,504
Management and general (functional)
$79,809
Fundraising (functional)
$20,730

Balance sheet and other

Total assets, start of year
$917,035
Total assets, end of year
$983,331
Total liabilities, end of year
$35,773
Net assets, end of year
$947,558
Land, buildings and equipment
$595,782
Net assets without donor restrictions
$938,103
Net assets with donor restrictions
$9,455
Gross receipts
$491,906
Employees
4
Volunteers
92
Year formed
1972
State of legal domicile
MO

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
DYLAN MARTINGENERAL MANAGER
Officer
40$55,774
KEVIN SHULTSDIRECTOR
Trustee or director
2$0
NANCY SILVERVICE PRESIDENT
Trustee or director, Officer
5$0
LAURA WACKERTREASURER
Trustee or director, Officer
5$0
JESS CRAIGDIRECTOR
Trustee or director
2$0
MATTHEW CROOKDIRECTOR
Trustee or director
2$0
MARTHA DANIELSSECRETARY
Trustee or director, Officer
5$0
AUSTIN DEYDIRECTOR
Trustee or director
2$0
ED HERRMANNPRESIDENT
Trustee or director, Officer
5$0
HEATHER O'CONNORDIRECTOR
Trustee or director
2$0
T SHARIF ABDUL-HAKIMDIRECTOR
Trustee or director
2$0
LINDA DAYDIRECTOR
Trustee or director
2$0
GORDON ROGERSDIRECTOR
Trustee or director
2$0
990 for the year ended September 30, 2024: 10 people
NameTitleHours / weekCompensation
DYLAN MARTINGENERAL MANAGER
Officer
40$48,792
T SHARIF ABDUL HAKIMDirector
Trustee or director
2$0
MARTHA DANIELSDirector
Trustee or director
2$0
EDWARD HERRMANNPresident
Trustee or director, Officer
5$0
HEATHER O'CONNORDirector
Trustee or director
2$0
GORDON ROGERSSecretary
Trustee or director, Officer
5$0
MATTHEW CROOKDirector
Trustee or director
2$0
NANCY SILVERVice President
Trustee or director, Officer
5$0
AUSTIN DEYDirector
Trustee or director
2$0
LINDA S DAYTreasurer
Trustee or director, Officer
5$0
990 for the year ended September 30, 2023: 11 people
NameTitleHours / weekCompensation
Sarah CatlinInterm Gen Mgr
Trustee or director
40$39,197
Robert AinsworthGeneral Manager
Trustee or director
40$24,792
T Sharif Abdul HakimMember
Trustee or director
2$0
Martha DanielsMember
Trustee or director
2$0
Ed HerrmannVice President
Trustee or director, Officer
5$0
Heather O'ConnorMember
Trustee or director
2$0
Gordon RogersSecretary
Trustee or director, Officer
5$0
Kevin ShultsMember
Trustee or director
2$0
Nancy SilverMember
Trustee or director
2$0
Laura WackerPresident
Trustee or director, Officer
5$0
Linda S DayTreasurer
Trustee or director, Officer
5$0

Address and contacts

Address (IRS master file)
401 BERNADETTE DR, COLUMBIA, MO 65203-1126
Principal officer (990 for 2024)
EDWARD HERRMANN, 401 BERNADETTE DRIVE, COLUMBIA, MO 65203
Signed the 990
EDWARD HERRMANN, PRESIDENT
Phone
(573) 874-1139
Return prepared by
Erin L Palmer CPA LLC

Mission

LISTNER-SUPPORTED COMMUNITY PUBLIC RADIO STATION COMMITTED TO EDUCATING AND ENRICHING THE LIVES OF ITS MEMBERSHIP AND THE COMMUNITY IT SERVES

990 for the year ended September 30, 2025

Program accomplishments

  • 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.
    Expenses $255,504

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
43-1026021
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1974
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$983,331
Income (IRS master file)
$491,906

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$491,906$356,043$983,331IRS
990September 2024$498,507$402,156$917,035XML
990September 2023$553,872$461,184$856,320XML
990September 2022$495,934$333,772$881,373IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 43-1026021).

Questions about NEW WAVE CORPORATION

What is the EIN of NEW WAVE CORPORATION?
The employer identification number (EIN) of NEW WAVE CORPORATION is 43-1026021.
Is NEW WAVE CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1974.
Are donations to NEW WAVE CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEW WAVE CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NEW WAVE CORPORATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEW WAVE CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of NEW WAVE CORPORATION?
The 990 for the year ended September 30, 2025 names EDWARD HERRMANN.
Who are the officers and directors of NEW WAVE CORPORATION?
The 990 for the year ended September 30, 2025 lists 13 people; 1 received compensation from the organization, the highest $55,774 (DYLAN MARTIN, GENERAL MANAGER).
How much revenue does NEW WAVE CORPORATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $491,906, expenses of $356,043 and total assets of $983,331 at year end.

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