2025-08-20T07:48:56-05:00 2024-12-31 621199757 LBMC PC 5100 POPLAR AVE STE 1400 MEMPHIS TN 38137 990 2024-01-01 853390155 THE BLUE ROOM FOUNDATION INC BLUE 9012100116 652 MARSHALL AVE MEMPHIS TN 38103 AMY KEITH CHIEF FINANCIAL OFFICER 9012100116 2025-08-13 1 1 CHANDLER EUBANK CPA P02115472 9016851040 2025-08-13 2024 2025-03-06 01:10:19Z X AMY KEITH 652 MARSHALL AVE MEMPHIS TN 38103 64568 0 X N/A X 2020 NY 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. 10 10 0 0 0 0 79000 30172 0 34200 395 196 0 0 79395 64568 0 22164 0 0 94773 0 0 0 0 136882 91852 231655 114016 -152260 -49448 457500 558947 390837 551470 66663 7477 X 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. 0 0 23664 22164 34200 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. 23664 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 X AMY KEITH 9012100116 652 MARSHALL AVENUE MEMPHIS TN 38103 BRIAN COHEN DIRECTOR 1.00 1.00 X 0 0 0 DEREK FORDJOUR DIRECTOR 5.00 5.00 X 0 0 0 ISAAC FORDJOUR DIRECTOR 1.00 1.00 X 0 0 0 LIA FORDJOUR TREASURER 1.00 1.00 X X 0 0 0 LAUREN KENNEDY DIRECTOR 1.00 1.00 X 0 0 0 YASHUA KLOS DIRECTOR 1.00 1.00 X 0 0 0 LISA OPOKU PRESIDENT 1.00 1.00 X X 0 0 0 ELLIOT PERRY DIRECTOR 1.00 1.00 X 0 0 0 MANON SLOME DIRECTOR 1.00 1.00 X 0 0 0 ED STANTON III SECRETARY 1.00 1.00 X X 0 0 0 AMY KEITH CFO 10.00 10.00 X 0 8156 0 CHRISTY GILMOUR CSO 10.00 10.00 X 0 69715 0 DEREK PATTERSON EXECUTIVE DIRECTOR 10.00 10.00 X 0 77746 0 0 155617 0 0 0 0 0 0 1875 28297 30172 SUBLEASE INCOME 532000 34200 34200 34200 196 196 64568 34200 0 196 22164 22164 3000 3000 81191 81191 1267 1267 UTILITIES 3483 3483 CONTRACT LABOR 1500 1500 SOFTWARE AND TECHNOLOGY 1002 1002 MISCELLANEOUS 236 236 173 173 114016 23664 90352 0 37970 3300 1875 12500 9145 11225 0 9740 388145 542547 457500 558947 1369 389468 551470 390837 551470 X 66663 7477 66663 7477 457500 558947 -49448 -9738 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 RIGHT-OF-USE ASSETS, OPERATING 542547 542547 LEASE LIABILITIES, OPERATING 551470 551470 X PART X, LINE 2: BASED ON THE EVALUATION OF THE ORGANIZATION'S TAX POSITIONS, MANAGEMENT BELIEVES ALL POSITIONS TAKEN WOULD MORE LIKELY THAN NOT BE UPHELD UNDER EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR THE YEAR ENDED DECEMBER 31, 2024. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVED A GRANT FROM CITY OF MEMPHIS. 0 CONTEMPORARY ARTS MEMPHIS 652 MARSHALL AVE MEMPHIS TN 38103 883444325 501(C)3 0 22164 FAIR MARKET VALUE LEASEHOLD IMPROVEMENTS TO DONATE LEASEHOLD IMPROVEMENTS AND OTHER MATERIALS TO CONTEMPORARY ARTS MEMPHIS 1 FORM 990, PART VI, SECTION A, LINE 2 THE FOUNDER OF THE ORGANIZATION, DEREK FORDJOUR, IS A SIBLING TO BOARD MEMBER, ISAAC FORDJOUR. LIA FORDJOUR IS ISAAC FORDJOUR'S SPOUSE. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 IS AVAILABLE TO ALL MEMBERS OF THE GOVERNING BOARD UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY AND DISCLOSURES ARE PROVIDED TO AND SIGNED BY BOARD MEMBERS AND EMPLOYEES BOTH AT THE TIME OF INITIAL AFFILIATION AND ANNUALLY THEREAFTER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE FOR REVIEW BY INTERESTED PARTIES BY REQUEST OF THE PRESIDENT. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. CONTEMPORARY ARTS MEMPHIS 4655 LAUREL OAKS MEMPHIS TN 38117 883444325 EDUCATION TN 501(C)(3) LINE 7 N/A 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 CONTEMPORARY ARTS MEMPHIS J 34200 CASH CONTEMPORARY ARTS MEMPHIS B 22164 FMV