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EIN 85-3390155

The Blue Room Foundation

IRS 501(c) type
501(c)(3)
Num. employees
2
City
Memphis
State
Tennessee
Year formed
2020
Most recent tax filings
2023-12-01
NTEE code, primary
A25: Arts Education, Schools of Art
Description
The Blue Room Foundation provides education in the arts to young adults and supports artists generally, particularly those from an underprivileged or low-income background or who would otherwise face hardship or barriers to entry in pursuing art. Its main activity is the contemporary arts fellowship program, which grants a full scholarship to all summer fellows and covers all fees for instruction, lodging, food, supplies, and more.
Total revenues
$79,395
2023
Total expenses
$231,655
2023
Total assets
$457,500
2023
Num. employees
2
2023

Program areas at The Blue Room Foundation

The contemporary arts fellowship program, The Foundation's main activity, provides goods and services to individuals. This program provides a full scholarship to all of its summer fellows and includes all fees for instruction, lodging, food, supplies, and travel. The program covers all out-of-pocket expenses.

Who funds The Blue Room Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Goldman Sachs GivesCommunity Outreach & Enrichment Programs$15,000

Personnel at The Blue Room Foundation

NameTitleCompensation
Leslie BouldinChief Financial Officer$17,594
Isaac FordjourDirector$0
Derek FordjourPresident$0
Lisa OpokuDirector$0

Financials for The Blue Room Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$79,000
Program services$0
Investment income and dividends$395
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$79,395

Form 990s for The Blue Room Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-01990View PDF
2022-122023-05-12990View PDF
2021-122022-11-14990View PDF
Data update history
July 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 1, 2023
Updated personnel
Identified 4 new personnel
June 29, 2023
Used new vendors
Identified 1 new vendor, including
June 12, 2023
Received grants
Identified 1 new grant, including a grant for $81,010 from Community Foundation of Greater Memphis
Nonprofit Types
Grantmaking organizationsSchoolsArts, culture, and humanities nonprofitsHeadquarter / parent organizationsCharities
Issues
EducationArts, cultural, and humanities
Characteristics
Tax deductible donations
General information
Address
4655 Laurel Oaks
Memphis, TN 38117
Metro area
Memphis, TN-MS-AR
County
Shelby County, TN
Phone
(901) 210-8473
IRS details
EIN
85-3390155
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A25: Arts Education, Schools of Art
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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