Nonprofit · EIN 52-1594184
THE RHYTHM AND BLUES FOUNDATION INC
Tax-exempt (reinstated) · PHILADELPHIA, PA 19103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $197,892 | $161,145 | $36,747 | $4,304,896 | $4,275,975 | $28,921 |
| May 31, 2024 | 990 | $19,263 | $24,278 | -$5,015 | $4,079,627 | $0 | $4,079,627 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $79
- of which government grants
- $79
- Program service revenue
- $0
- Investment income
- $197,813
- Net gain from sales of assets
- $106,888
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $96,670
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $232
- Occupancy
- $6,857
- Program services (functional)
- $96,670
- Management and general (functional)
- $64,475
Balance sheet and other
- Total assets, start of year
- $4,079,627
- Total assets, end of year
- $4,304,896
- Total liabilities, end of year
- $4,275,975
- Net assets, end of year
- $28,921
- Publicly traded securities
- $4,275,975
- Net assets without donor restrictions
- $28,921
- Gross receipts
- $197,892
- Employees
- 0
- Year formed
- 1988
- State of legal domicile
- DC
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 for the year ended May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| IRIS GORDY | DIRECTOR Trustee or director | 1 | $0 |
| JEFF HARLESTON | DIRECTOR Trustee or director | 1 | $0 |
| STEVE PAMON | BOARD CHAIR Trustee or director | 1 | $0 |
| OCTAVIUS TED REID | DIRECTOR Trustee or director | 2 | $0 |
| BRUCE RESNIKOFF | DIRECTOR Trustee or director | 1 | $0 |
| CLAUDETTE ROBINSON | DIRECTOR Trustee or director | 1 | $0 |
| DAMON WILLIAMS | TREASURER&SE Trustee or director, Officer | 3 | $0 |
990 for the year ended May 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| IRIS GORDY | DIRECTOR Trustee or director | 1 | $0 |
| JEFF HARLESTON | DIRECTOR Trustee or director | 1 | $0 |
| STEVE PAMON | BOARD CHAIR Trustee or director | 1 | $0 |
| OCTAVIUS TED REID | DIRECTOR Trustee or director | 2 | $0 |
| BRUCE RESNIKOFF | DIRECTOR Trustee or director | 1 | $0 |
| CLAUDETTE ROBINSON | DIRECTOR Trustee or director | 1 | $0 |
| DAMON WILLIAMS | TREASURER&SE Trustee or director, Officer | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 1650 MARKET ST STE 3600, PHILADELPHIA, PA 19103-7334
- Principal officer (990 for 2024)
- DAMON WILLIAMS, C/O JTGOLDSTEIN 2200 ARCH STREET, SUITE 101, PHILADELPHIA, PA 19103
- Signed the 990
- DAMON WILLIAMS, TREASURER&SECRETARY
- Phone
- (800) 980-5208
- Website
- RHYTHMANDBLUESFOUNDATION.ORG
- Return prepared by
- JTGOLDSTEIN
Mission
THE FOUNDATION IS ORGANIZED EXCLUSIVELY FOR EDUCATIONAL AND CHARITABLE PURPOSES. THE FOUNDATION'S GOAL IS TO PROVIDE FINANCIAL AND MEDICAL ASSISTANCE, EDUCATIONAL OUTREACH, PERFORMANCE OPPORTUNITIES, AND ARCHIVAL ACTIVITIES TO LEGENDARY PERFORMERS. THE FOUNDATION AIMS TO FOSTER PUBLIC RECOGNITION AND APPRECIATION - THROUGH GRANTS AND OTHER APPROPRIATE MEANS - TO THOSE MUSICAL ARTISTS WHO HAVE MADE SIGNIFICANT CONTRIBUTIONS TO THE DEVELOPMENT AND ADVANCEMENT OF THE FORM OF MUSIC KNOWN AS RHYTHM & BLUES.
Program accomplishments
- THE FOUNDATION PROVIDES FINANCIAL AND MEDICAL ASSISTANCE, EDUCATIONAL OUTREACH, PERFORMANCE OPPORTUNITIES, AND ARCHIVAL ACTIVITIES TO LEGENDARY PERFORMERS.Expenses $96,670 · grants $96,670
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 52-1594184
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2024
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T12)
- Assets (IRS master file)
- $4,304,896
- Income (IRS master file)
- $197,892
Revocation and reinstatement
- Exemption revoked
- October 15, 2020
- Posted by the IRS
- March 20, 2021
- Reinstated
- Effective March 15, 2024
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $197,892 | $161,145 | $4,304,896 | XML |
| 990 | May 2024 | $19,263 | $24,278 | $4,079,627 | XML |
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 52-1594184).
Questions about THE RHYTHM AND BLUES FOUNDATION INC
- What is the EIN of THE RHYTHM AND BLUES FOUNDATION INC?
- The employer identification number (EIN) of THE RHYTHM AND BLUES FOUNDATION INC is 52-1594184.
- Is THE RHYTHM AND BLUES FOUNDATION INC tax-exempt?
- Yes. The IRS revoked its exemption on October 15, 2020 and reinstated it effective March 15, 2024.
- Are donations to THE RHYTHM AND BLUES FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE RHYTHM AND BLUES FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE RHYTHM AND BLUES FOUNDATION INC due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE RHYTHM AND BLUES FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of THE RHYTHM AND BLUES FOUNDATION INC?
- The 990 for the year ended May 31, 2025 names DAMON WILLIAMS.
- Who are the officers and directors of THE RHYTHM AND BLUES FOUNDATION INC?
- The 990 for the year ended May 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does THE RHYTHM AND BLUES FOUNDATION INC have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $197,892, expenses of $161,145 and total assets of $4,304,896 at year end.
Other nonprofits in PHILADELPHIA
- GLAXOSMITHKLINE PATIENT ACCESS PROGRAMS FOUNDATION EIN 20-0031992 · last filed 990-PF for 2025
- J HOWARD PEW FREEDOM TR EIN 23-6234671 · last filed 990 for 2024
- PHILADELPHIA FOUNDATION EIN 23-1581832 · last filed 990 for 2024
- JEWISH FEDERATION OF GREATER PHILADELPHIA EIN 23-1500085 · last filed 990 for 2025
- THE COMCAST NBCUNIVERSAL FOUNDATION EIN 51-0390132 · last filed 990-PF for 2024
- CHUBB CHARITABLE FOUNDATION EIN 26-2456949 · last filed 990-PF for 2024
- WYNCOTE FOUNDATION EIN 26-3535044 · last filed 990-PF for 2024
- THE LENFEST INST FOR JOURNALISM SPE ASSET FUND OF THE PHL FOUNDATION EIN 04-3731829 · last filed 990 for 2024
All nonprofits in PHILADELPHIA · Pennsylvania · Philanthropy, voluntarism and grantmaking foundations