Charity Search / BLUES FOUNDATION INC
Arts, Culture & Humanities (A68Z) IRS Verified DX Registered 990 on File

BLUES FOUNDATION INC

EIN: 62-1083757 · MEMPHIS, TN 38103-4464 · United States · FY 2024 Data
3 out of 5
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$2.1M
Total Revenue
$1.8M
Total Expenses
$2.6M
Net Assets
10
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 100.0%
Fundraising Efficiency N/A
Operating Reserve 17.27x
Liability-to-Asset -3.5%
Revenue Diversification 88.7%
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $2.1M $1.8M $2.6M 100.0% 10
2023 $1.2M $1.5M $3.7M 79.0% 2
2022 $1.2M $1.5M $4.2M 54.1% 14
2021 $1.2M $1.1M N/A 14
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Organization Details
EIN
62-1083757
State
TN
City
MEMPHIS
ZIP
38103-4464
Classification
A68Z
Category
Arts, Culture & Humanities
Rating
50★
Last Updated
Aug 2026
IRS Ruling Year
Foundation Code
15
Form 990
On File
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