Bloom Arts Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
See Schedule OWe work toward a future where every child, no matter their circumstances, receives an arts education which is designed to equip them with essential life skills in creativity, collaboration, and critical thinking - preparing them to become innovative problem solvers in any career path they choose. Early arts education strengthens memory, attention, and problem-solving skills - tools that serve a child for life.
- Income
- $595,470
- Spending
- $394,096
- Spent on programs
- 97%
- Reserves
- 5.9 months of spending
- Largest source of income
- fees for its services, 89%
- Employees
- 0
- Volunteers
- 20
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 63% of charities in its peer group (arts and culture, $250k to $1m).
Reserves
20 of 35Spendable reserves would cover 5.9 months of spending.
Debt
20 of 20It owes 4% of what it owns.
Living within its means
15 of 15Income exceeded spending by 34% of income.
Income trend
15 of 15Income rose 24% on the year before.
Spending floor
15 of 1597% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 67 out of 100. Higher than 43% of charities in its peer group (arts and culture, $250k to $1m).
Independent board
18 of 253 of 4 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $367,059 spent. We provide arts education in schools across Los Angeles that lack arts education. This can be music and movement classes, dance classes, professional development for the classroom teachers, the music/dance program, and school assemblies featuring multi-cultural music and dance. Since opening in 2020 we have reached over 20,000 students with music and dance classes in over 45 schools across LA, and through our international partners abroad. We have a 93% renewal rate with our school partners and strive to be a meaningful part of their school community. Bloom's uniquely designed curriculum fosters organic student growth in pre-literacy skills, social-emotional learning and cognitive and physical development. Partner School Classroom Teachers surveyed reported student improvement in class in the following areas as a result of Bloom's classes: 95.9% Increased sense of community; 94.5% Improved mood; 86.3% Increased student confidence to participate; 86.3% Increased creative thinking and creative problem solving.
- $15,000 spent. Futures in Tune (FIT), launched by Transcenders Music Academy in January 2023, is our global arts education program connecting underserved elementary school students from South Africa, India, and the United States to develop empathy and curiosity across cultures through music and movement, while promoting the creation of original work.FIT provides funding for weekly music classes and instruments at each site, taught by local professional Teaching Artists. A shared, multicultural curriculum ensures all students receive high-quality education and have a common learning experience.At Delevan Drive Elementary, we provide music education to 65 fifth grade students who otherwise don't have access to music and dance education in school. 54% are Hispanic, 21% are Asian/Pacific Islander, 14% are White, 9% are 2 or more races, and 2% Black. 40% of these students are considered socio-economically disadvantaged according to the California Department of Education.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2021.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.