Nonprofit · EIN 85-3390155
BLUE ROOM FOUNDATION INC
Tax-exempt · MEMPHIS, TN 38103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $85,844 | $96,364 | -$10,520 | $503,336 | $506,379 | -$3,043 |
| December 31, 2024 | 990 | $64,568 | $114,016 | -$49,448 | $558,947 | $551,470 | $7,477 |
| December 31, 2023 | 990 | $79,395 | $231,655 | -$152,260 | $457,500 | $390,837 | $66,663 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $4,810
- Program service revenue
- $0
- Investment income
- $33
- Net rental income
- $81,001
- Other revenue
- $81,001
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,650
- Occupancy
- $88,200
- Management and general (functional)
- $96,364
Balance sheet and other
- Total assets, start of year
- $558,947
- Total assets, end of year
- $503,336
- Total liabilities, end of year
- $506,379
- Net assets, end of year
- -$3,043
- Net assets without donor restrictions
- -$3,043
- Gross receipts
- $85,844
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2020
- State of legal domicile
- NY
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DEREK PATTERSON | EXECUTIVE DIRECTOR Officer | 10 | $0 | $88,462 | $8,867 |
| AMY KEITH | CFO Officer | 10 | $0 | $46,265 | $0 |
| LISA OPOKU | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| LIA FORDJOUR | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ED STANTON III | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ISAAC FORDJOUR | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ELLIOT PERRY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DEREK FORDJOUR | DIRECTOR Trustee or director | 5 | $0 | $0 | $0 |
| YASHUA KLOS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BRIAN COHEN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LAUREN KENNEDY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MANON SLOME | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2024: 13 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| DEREK PATTERSON | EXECUTIVE DIRECTOR Officer | 10 | $0 | $77,746 |
| CHRISTY GILMOUR | CSO Officer | 10 | $0 | $69,715 |
| AMY KEITH | CFO Officer | 10 | $0 | $8,156 |
| BRIAN COHEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEREK FORDJOUR | DIRECTOR Trustee or director | 5 | $0 | $0 |
| ISAAC FORDJOUR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LIA FORDJOUR | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| LAUREN KENNEDY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| YASHUA KLOS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LISA OPOKU | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| ELLIOT PERRY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MANON SLOME | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ED STANTON III | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LESLIE BOULDIN | CFO Officer | 10 | $23,781 |
| CHRISTY GILMOUR | CSO Trustee or director, Officer | 10 | $16,330 |
| BRIAN COHEN | DIRECTOR Trustee or director | 1 | $0 |
| DEREK FORDJOUR | DIRECTOR Trustee or director | 5 | $0 |
| ISAAC FORDJOUR | DIRECTOR Trustee or director | 1 | $0 |
| LIA FORDJOUR | TREASURER Trustee or director, Officer | 1 | $0 |
| LAUREN KENNEDY | DIRECTOR Trustee or director | 1 | $0 |
| YASHUA KLOS | DIRECTOR Trustee or director | 1 | $0 |
| ELLIOT PERRY | DIRECTOR Trustee or director | 1 | $0 |
| MANON SLOME | DIRECTOR Trustee or director | 1 | $0 |
| ED STANTON III | SECRETARY Trustee or director, Officer | 1 | $0 |
| LISA OPOKU | PRESIDENT Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 652 MARSHALL AVE, MEMPHIS, TN 38103-3315
- In care of
- % DEREK FORDJOUR
- Principal officer (990 for 2025)
- AMY KEITH, 652 MARSHALL AVE, MEMPHIS, TN 38103
- Signed the 990
- AMY KEITH, CHIEF FINANCIAL OFFICER
- Phone
- (901) 210-0116
- Return prepared by
- LBMC PC
Mission
THE ORGANIZATION'S MISSION IS TO PROVIDE EDUCATION IN THE ARTS TO YOUNG ADULTS AND TO SUPPORT ARTISTS GENERALLY, PARTICULARLY THOSE FROM AN UNDERPRIVELEGED OR LOW-INCOME BACKGROUND OR WHO WOULD OTHERWISE FACE HARDSHIP OR BARRIERS TO ENTRY IN PURSUING ART AND ART EDUCATION OR IN ENTERING THE ART WORLD.
Program accomplishments
- 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.
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-3390155
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N20)
- Assets (IRS master file)
- $503,336
- Income (IRS master file)
- $85,844
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $85,844 | $96,364 | $503,336 | XML |
| 990 | December 2024 | $64,568 | $114,016 | $558,947 | XML |
| 990 | December 2023 | $79,395 | $231,655 | $457,500 | XML |
| 990 | December 2022 | $903,789 | $727,802 | $236,668 | IRS |
| 990 | December 2021 | – | – | – | 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 85-3390155).
Questions about BLUE ROOM FOUNDATION INC
- What is the EIN of BLUE ROOM FOUNDATION INC?
- The employer identification number (EIN) of BLUE ROOM FOUNDATION INC is 85-3390155.
- Is BLUE ROOM FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to BLUE ROOM FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BLUE ROOM 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 BLUE ROOM FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BLUE ROOM FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of BLUE ROOM FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names AMY KEITH.
- Who are the officers and directors of BLUE ROOM FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does BLUE ROOM FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $85,844, expenses of $96,364 and total assets of $503,336 at year end.
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All nonprofits in MEMPHIS · Tennessee · Recreation and sports