EIN 85-3390155

The Blue Room Foundation

IRS 501(c) type
501(c)(3)
Num. employees
13
Year formed
2020
Most recent tax filings
2022-12-01
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
$903,789
2022
Total expenses
$727,802
2022
Total assets
$236,668
2022
Num. employees
13
2022

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.

Personnel at The Blue Room Foundation

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

Financials for The Blue Room Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$903,299
Program services$0
Investment income and dividends$490
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$903,789

Form 990s for The Blue Room Foundation

Fiscal year endingDate received by IRSFormPDF link
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
Receives government fundingTax deductible donations
General information
Address
4655 Laurel Oaks
Memphis, TN 38117
Metro area
Memphis, TN-MS-AR
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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