Charities United States Arts & Culture Inwave
Inwave logo

Inwave

to promote and share the Korean culture by hosting KoreaFest and other smaller events.

Arts & Culture Clayton, NC EIN 842044877 · IRS Sign up to see website
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93
Integrity Assessment
Strong transparency
93/100 · methodology

About Inwave

7th Annual KoreaFest 2024

Founded
Headquarters
Clayton, NC
Foundation type
Publicly-supported charity (509(a)(2))
NTEE code
A20
IRS subsection
501(c)(03)
Ruling date

Verified certifications

Confirmed against the issuing authority - not self-reported.

IRS Tax-Deductible since 2020

Mission

to promote and share the Korean culture by hosting KoreaFest and other smaller events.

Focus areas & reach

· What they work on and where
Arts & Culture · NTEE A20
Cause tags

How it stacks up against peers

· vs. 8 similar arts & culture in United States
Program spending This charity: 100%
Peer average: 93%
CEO comp as % of revenue This charity: 5.43%
Peer average: 0.48%
Integrity Assessment This charity: 93
Peer average: 93

Red flags

· All clear
IRS revocation history
Open investigations
Governance scandals
Related-party deals
Excessive exec comp

Where every $1 goes

$1.00
Program expenses$1.00 ($145,821)
100% to programs beats the peer average (93%) and beats the Charity Navigator "highly efficient" threshold (75%).

Common questions

· Auto-generated from filings + methodology

Inwave is a registered arts & culture nonprofit based in Clayton, NC, United States. It is registered with the Internal Revenue Service (IRS). It was founded in 2017 and has been operating for 9 years. Its EIN is 842044877. It has a GiveRadar Integrity Assessment of 93/100 (Strong transparency), indicating well-documented governance, financials, and contact details. The organization reports $144K in annual revenue. 16 officers and directors are publicly disclosed. No red flags have been detected.

Inwave has a GiveRadar Integrity Assessment of 93/100. This score combines five components: Registration (20 pts), Financial Transparency (30 pts), Governance (20 pts), Contact Availability (10 pts), and Data Recency (20 pts), with negative adjustments for any red flags. A score of 93 ('Strong transparency') reflects well-documented governance, recent financials, named leadership, and working contact details. The charity allocates 100% of expenses to programs, which contributes positively to its score. For comparison, the average integrity assessment for arts & culture charities in United States is 93/100.

Inwave is located in Clayton, NC, United States. The organization was established in 2017 and has been active for 9 years.

Based on official tax filings, Inwave has $144K in annual revenue. It allocates 100% of expenses to programs and services. This is above the average of 93% for arts & culture charities in United States. Its revenue is below the peer average of $1M. Create a free GiveRadar account to view the complete financial breakdown with year-over-year trends.

Inwave is classified as a Arts & Culture organization, registered in United States. It operates as a Publicly-supported charity (509(a)(2)). It has $144K in annual revenue. The organization has 16 disclosed officers and directors.

No red flags have been detected for Inwave. GiveRadar automatically screens charities for concerning patterns including high executive compensation, low program spending, and missing financial filings. Based on available official data, no issues have been identified.

Inwave has a GiveRadar Integrity Assessment of 93/100 (Strong transparency) and no red flags have been detected, which suggests it is a well-documented organization. It is regulated by the IRS. 100% of expenses go to programs. The peer average is 93%. You can donate directly through their official donation page linked on their GiveRadar profile. GiveRadar provides data for research purposes and does not endorse any organization. Always do your own due diligence.

Among arts & culture charities registered in United States: Inwave's GiveRadar Integrity Assessment of 93/100 is in line with the peer average of 93/100. It allocates 100% of expenses to programs, above the peer average of 93%. Its annual revenue of $144K is below the peer average of $1M.

Yes, donations to Inwave are generally tax-deductible in the United States. Inwave is a 501(c)(3) tax-exempt organization. Its EIN is 842044877, which you can use for tax filing purposes. Donors can typically deduct contributions on their federal income tax return if they itemize deductions. Consult a tax professional for guidance specific to your situation.

Verified against 5 official sources, last refreshed .

Annual revenue
$100K-$1M
100% to programs
Source: IRS 990 (FY2025) why this matters
Unlock exact figures

Filing history

3 years on file from IRS 990 (FY2025): revenue, expenses, program spending, assets, and liabilities by fiscal year.

Years on record: FY2025, FY2024, FY2023.
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Taxes

Tax-deductibility for donors

Donations may be tax-deductible for residents of United States under local rules. Confirm with the charity directly.

Always confirm tax treatment with the charity directly or your tax advisor before donating.

Leadership

HE
Heoak Lee
Executive Director

Officers & trustees (6)

Source: Public filings

AU
Audreyanne C••••••••••
Board Member
HE
Heoak L••
Executive Director
HY
Hyejoo C••••
Board Chair
SA
Samantha G•••••
Social media manager
SH
sheer D•••••••
Board member
SH
Sherry D•••••••
Board Member
Full names, contact details & compensation

Free with an account.

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Latest news

From global news sources

10 articles found

From global news sources

Sentiment

Neutral

Activity timeline

Filings and press mentions, merged

Protesters face ‘imminent’ hanging in wave of Iranian executions - The Telegraph
May 2026
www.telegraph.co.uk
‘Lust,’ From Locarno Winner Ralitza Petrova, Picked Up by Inwave Films Ahead of Berlin Premiere (Exclusive) - IMDb
Mar 2026
www.imdb.com
At least 38 civilians killed in Burkina Faso in wave of JNIM attacks - africanews.com
Mar 2026
www.africanews.com
Inwave Films Picks Up Ralitza Petrova’s Lust Ahead of Berlinale Premiere - Film New Europe
Feb 2026
www.filmneweurope.com
Money isn’t enough to save incumbents in wave elections - Roll Call
Feb 2026
rollcall.com
32 Gazans said killed in wave of strikes as IDF responds to truce violation - The Times of Israel
Jan 2026
www.timesofisrael.com
At least 29 killed in wave of strikes in Gaza - Israel National News
Jan 2026
www.israelnationalnews.com
‘Lust,’ From Locarno Winner Ralitza Petrova, Picked Up by Inwave Films Ahead of Berlin Premiere (EXCLUSIVE) - Variety
Jan 2026
variety.com
Form filed
$0.1M revenue
FY2025
IRS_990
Microsoft 365 accounts targeted in wave of OAuth phishing attacks - BleepingComputer
Dec 2025
www.bleepingcomputer.com
Israel kills at least 28 Palestinians in wave of Gaza ‘ceasefire’ attacks - Al Jazeera
Nov 2025
www.aljazeera.com
Form filed
$0.1M revenue
FY2024
IRS_990
Form filed
$0.2M revenue
FY2023
IRS_990

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Peer charities

Other arts & culture in United States, by integrity assessment

Charity Score Revenue Program %
Inwave This page 93 $143,801 100%
Paris Community Theater 93 $316,442 100%
Taylor Music Group 93 $100,949 83%
Chinese Center on Long Island Inc 93 $228,712 100%
Boston Festival Orchestra Inc 93 $215,316 94%
Oregon Arts Watch 93 $304,412 84%
Orchestra Santa Monica 93 $329,123 81%
Methow Music Festival Association 93 $217,431 100%
Border Crossing 93 $261,798 100%

Sources and verification

Refreshed

Registration and legal identity
Internal Revenue Service (IRS) - Tax Exempt Organization Search
Financial filings
IRS Form 990 filings - Fiscal year 2025 most recent on file.
Officers and trustees
Internal Revenue Service (IRS) - Tax Exempt Organization Search - 16 disclosed in the public registry.
News and media coverage
GDELT Project + Google News
Supplementary verification
Charity Navigator

Data freshness

Last updated
May 27, 2026
Profile completeness
100%

What we don't know

Honest gaps - our score reflects transparency, not impact

Programs & projects
No named programs listed by the charity
Operating reach
Countries where programs run not specified

Methodology

GiveRadar combines public registry filings, ProPublica Nonprofit Explorer, Charity Navigator, GuideStar, and news archives into a single 0-100 integrity assessment. We don't take a cut of any donation, ever.

Read full methodology

Quick facts about Inwave

What is Inwave?
Inwave is a arts & culture publicly-supported charity (509(a)(2)) based in Clayton, United States. 7th Annual KoreaFest 2024
When was Inwave founded?
Inwave was founded in 2017.
Who leads Inwave?
Heoak Lee serves as Executive Director.
Where is Inwave located?
Headquartered in Clayton, United States.
What is Inwave's annual budget?
Annual revenue for fiscal year 2025 is approximately $100K-$1M. 100% of expenses go to program services.
Is Inwave trustworthy?
Inwave has a GiveRadar Integrity Assessment of 93 out of 100 (Strong transparency). The score reflects public-data transparency: registration, financial disclosure, governance, contact details, and how recently data was refreshed. It does not measure program impact.
What is Inwave's registration number?
IRS EIN: 842044877.
What is Inwave's website?
https://inwavemovement.com