Skip to main content

Nonprofit · EIN 35-2153383

BLUE SKY FOUNDATION INC

Tax-exempt · NEW ALBANY, IN 47151

Financials

$4M$4.6M2023$3M$3.3M2024
Revenue Expenses · by fiscal year end
Financials of BLUE SKY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$3,000,733$3,333,033-$332,300$292,932$0$292,932
December 31, 2023990-PF$4,005,585$4,588,518-$582,933$625,232$0$625,232
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,000,000
Interest
$733

Expenses

Grants and similar amounts paid
$3,279,750
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$3,279,750
Excise tax on investment income
$10

Balance sheet and other

Total assets, start of year
$625,232
Total assets, end of year
$292,932
Total liabilities, end of year
$0
Net assets, end of year
$292,932
Fair market value of assets
$292,932
Qualifying distributions
$3,279,750
Net investment income
$733

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOHN B SHINE
PO BOX 1407, NEW ALBANY, IN 471511407
PRESIDENT, DIRECTOR2$0
JANE SHINE
PO BOX 1407, NEW ALBANY, IN 471511407
DIRECTOR2$0
RUDY SPENCER
PO BOX 1407, NEW ALBANY, IN 471511407
EXECUTIVE DIRECTOR40$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
JOHN B SHINE
PO BOX 1407, NEW ALBANY, IN 471511407
PRESIDENT, DIRECTOR2$0
JANE SHINE
PO BOX 1407, NEW ALBANY, IN 471511407
DIRECTOR2$0
RUDY SPENCER
PO BOX 1407, NEW ALBANY, IN 471511407
EXECUTIVE DIRECTOR40$0

Address and contacts

Address (IRS master file)
PO BOX 1407, NEW ALBANY, IN 47151-1407
Signed the 990-PF
JOHN SHINE, DIRECTOR
Phone
(812) 944-6733
Return prepared by
MONROE SHINE & CO INC CPA'S

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
35-2153383
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2001
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$292,932
Income (IRS master file)
$3,000,733

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$3,000,733$3,333,033$292,932XML
990-PFDecember 2023$4,005,585$4,588,518$625,232XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-2153383).

Questions about BLUE SKY FOUNDATION INC

What is the EIN of BLUE SKY FOUNDATION INC?
The employer identification number (EIN) of BLUE SKY FOUNDATION INC is 35-2153383.
Is BLUE SKY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to BLUE SKY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does BLUE SKY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of BLUE SKY FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BLUE SKY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of BLUE SKY FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does BLUE SKY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,000,733, expenses of $3,333,033 and total assets of $292,932 at year end.

Other nonprofits in NEW ALBANY

All nonprofits in NEW ALBANY · Indiana · Philanthropy, voluntarism and grantmaking foundations