Mission
THE IOWA WAVE SHIRT CONDUCTS FUNDRAISING ACTIVITIES, PRIMARILY FROM THE SALE OF T-SHIRTS AND OTHER APPAREL, TO SUPPORT THE UNIVERSITY OF IOWA STEAD FAMILY CHILDREN'S HOSPITAL.
Public Charity
THE IOWA WAVE SHIRT
THE IOWA WAVE SHIRT is a Public Charity headquartered in URBANDALE, IA. Financial data from the 2025 filing: $208K revenue, $192K expenses, $297K total assets. IRS filings disclose 7 grants awarded by this foundation, totaling roughly $2.0M.
EIN: 830840231
URBANDALE, IA
Single Organization Support
NTEE: E11
Latest filing: 2025
Total Revenue$208K
Total Expenses$192K
Total Assets$297K
Grants Given7
Grant Total$2.0M
Filing Years2021–2025
Where $100 goes at The Iowa Wave Shirt
How The Iowa Wave Shirt divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$96
Programs
the work itself
$4
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $96 for programs
$96
The Iowa Wave Shirt supports the university of iowa stead family children's hospital through fundraising activities of t-shirts and other apparel
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
GENERAL SUPPORT
$100,000
GENERAL SUPPORT
$375,000
GENERAL SUPPORT
$300,000
GENERAL SUPPORT
$350,000
GENERAL SUPPORT
$75,000
Showing up to 5 of 7 total records — full history available with membership.
Officers & Directors
SECRETARY
Brooke Mickelson
DIRECTOR
Cy Phillips
DIRECTOR
Jason Willis
DIRECTOR
John Mickelson
PRESIDENT
Lori Willis
TREASURER
Meighan Phillips
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $208K | $192K | $297K |
| 2024 | $218K | $461K | $281K |
| 2023 | $575K | $383K | $524K |
| 2022 | $319K | $433K | $332K |
| 2021 | $431K | $116K | $445K |
Between 2021 and 2025, reported annual revenue declined from $431K to $208K (-52%), with total assets most recently reported at $297K.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in IA.
IA
Full geographic grant map with state-by-state breakdown available with membership.