Overview

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Est.

1980

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Blues Foundation Inc is a nonprofit organization dedicated to supporting the music community, particularly in the blues genre. With an operating budget of $1.8 million and total revenue of $2.1 million for the 2024 filing year, the organization benefits from substantial funding, though specific sources remain undisclosed. It does not appear to rely on a single funder for 50% or more of its revenue, allowing for a diverse financial landscape.

Mission Statement

xx
Revenues
$2.1M
Expenses
$1.8M
Net Income:
+$287.7K
Assets
$2.5M
Liabilities
-$87.6K
Net Assets:
+$2.6M
Operating Budget
$1.8M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
8
Median grant size
$7.5K
Largest grant received
$122.3K
K
Kathy Bolmer
Board Member
B
Billy Branch
Board Member
W
Wayne Goins
Board Member

Frequently Asked Questions

What is The Blues Foundation Inc’s budget?
In 2024, The Blues Foundation Inc reported an annual operating budget of around $1.8 million. More detailed financial information is available to registered users.
What causes does The Blues Foundation Inc support?
The Blues Foundation Inc supports work in Music.
Where does The Blues Foundation Inc operate?
The Blues Foundation Inc is headquartered in Memphis, TN.
Who funded The Blues Foundation Inc recently?
In 2024, The Blues Foundation Inc received grants from THE BLUE WATERS FOUNDATION, UNIVERSAL MUSIC ALL TOGETHER NOW FOUNDATION INC, and ARTSMEMPHIS. More information on this organization’s funders is available to registered users.
What is the largest grant The Blues Foundation Inc received in 2024?
The largest grant to The Blues Foundation Inc in 2024 exceeds $122 thousand.