Overview
What is The Blue Room Foundation Inc?
The Blue Room Foundation Inc, located in Memphis, Tennessee, is a nonprofit organization dedicated to fostering artistic growth and opportunities. Their primary activity, the Contemporary Arts Fellowship Program, offers a comprehensive scholarship to its summer fellows, covering instruction fees, lodging, meals, supplies, and travel expenses. The foundation's mission is to provide arts education to young adults and support artists, with a particular focus on individuals from underprivileged or low-income backgrounds who might otherwise encounter hardships or barriers in pursuing art and art education or entering the art world. With a team of 13 dedicated individuals, The Blue Room Foundation Inc strives to empower aspiring artists and broaden the art scene.
Is The Blue Room Foundation Inc legitimate?
The Blue Room Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Blue Room Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $201,250
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What is the mission statement of The Blue Room Foundation Inc?
The Blue Room Foundation Inc's mission is centered around providing education in the arts to young adults and supporting artists, with a focus on individuals from underprivileged or low-income backgrounds or those facing barriers to entry in the arts field. The organization aims to help these individuals overcome hardships and gain access to art education and entry into the art world. Their primary activity is the Contemporary Arts Fellowship Program, which offers a full scholarship, covering instruction fees, lodging, food, supplies, and travel, to all its summer fellows, alleviating their out-of-pocket expenses.
Who is the CEO of The Blue Room Foundation Inc?
Leslie Bouldin is the President of The Blue Room Foundation Inc.
What is the revenue of The Blue Room Foundation Inc?
The Blue Room Foundation Inc's revenue in 2022 was $903,789.
Who are the executives of The Blue Room Foundation Inc and what are their salaries?
The average compensation at The Blue Room Foundation Inc during 2022 was $15,481. There are 13 employees at The Blue Room Foundation Inc.
Here are 4 key members and their salaries:
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- Other: $0
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- Compensation: $17,594
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- Other: $0
Where can I find the form 990 for The Blue Room Foundation Inc?
The Blue Room Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Blue Room Foundation Inc
The Blue Room Foundation Inc, a nonprofit organization, is dedicated to providing education in the arts to young adults and supporting artists, with a particular focus on individuals from underprivileged or low-income backgrounds or those who might otherwise face hardships in pursuing art and art education or entering the art world. The Foundation's mission is twofold: first, to offer educational opportunities in the arts to young adults, providing them with the tools and resources necessary to excel in their artistic pursuits; and second, to support artists generally, ensuring that those who may face barriers to entry in the art world have the necessary support to succeed.
To achieve its mission, The Blue Room Foundation Inc offers a range of programs and initiatives. One of its most significant programs is the Contemporary Arts Fellowship, which provides a full scholarship to its summer fellows, covering all instruction fees, lodging, food, supplies, and travel expenses. This comprehensive program aims to remove financial barriers and enable individuals to fully focus on their artistic development, free from financial concerns. The Foundation's commitment to supporting artists extends beyond its fellowship program, as it seeks to provide opportunities and resources to artists from underprivileged backgrounds, enabling them to thrive in the art world.
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Impact
July, 2024
The Blue Room Foundation Inc's impact can be seen through its commitment to providing education in the arts to young adults and supporting artists, especially those from underprivileged or low-income backgrounds. The organization's Contemporary Arts Fellowship Program stands out as a key initiative, offering full scholarships to summer fellows that cover all fees for instruction, lodging, food, supplies, and travel. By eliminating financial barriers, the foundation ensures that talented individuals can pursue their artistic passions without worrying about out-of-pocket expenses. Through this program and other supporting activities, The Blue Room Foundation Inc plays a vital role in nurturing creativity and breaking down barriers for aspiring artists in Memphis, TN and beyond.
This information is meant to be a general summary of The Blue Room Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $490
- Gross Receipts: $903,789
Assets and Liabilities:
- Total Assets: $236,668
- Total Liabilities: $17,745
- Net Assets: $218,923
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Organization Details
Founding Year
2020
Phone
(901) 210-8473Principal Officer
Leslie Bouldin
Main Address
4655 LAUREL OAKS, MEMPHIS, TN, 38117
NTEE Category
Code: N20 - Recreation
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