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Indiana · Nonprofit

BLUE SKY FOUNDATION INC

BLUE SKY FOUNDATION INC (Indiana) receives grants from 1 organization whose IRS filings report $60,000 to it, the largest being THE FROST FOUNDATION ($60,000). 1 of them have funded it in more than one year.

Revenue FY2024
$3.0M
Funders on record
1
Grants received
$60k
Net assets
$293k
1/1 repeat funderspeak grant-dependency 1%
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($5.0M) Expenses 100 ($3.2M) Net assets 100 ($4.4M)2018 Revenue 26 ($1.3M) Expenses 145 ($4.6M) Net assets 24 ($1.0M)2019 Revenue 236 ($12M) Expenses 220 ($7.1M) Net assets 132 ($5.8M)2020 Revenue 79 ($4.0M) Expenses 190 ($6.1M) Net assets 83 ($3.6M)2021 Revenue 279 ($14M) Expenses 247 ($7.9M) Net assets 223 ($9.7M)2022 Revenue 50 ($2.5M) Expenses 343 ($11M) Net assets 28 ($1.2M)2023 Revenue 80 ($4.0M) Expenses 143 ($4.6M) Net assets 14 ($625k)2024 Revenue 60 ($3.0M) Expenses 104 ($3.3M) Net assets 7 ($293k)
'17'18'19'20'21'22'23'24
Revenue (60)Expenses (104)Net assets (7)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $9.7M to $1.2M (−88%).

$4.4M
$1.0M
$5.8M
$3.6M
$9.7M
$1.2M
$625k
$293k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Rudy Spencer

Executive director

As listed on its FY2024 Form 990-PF.

The chief executive listed changed between the FY2020 and FY2021 filings.

'17'18'19'20'21'22'23'24
Listed22223222
Joined········
No longer listed········
02Who funds it

Who funds it, year by year

2020 → 2022: the base held at 1 funder, grant income rose $10k → $25k.

Funder
'20
'21
'22
total
funders
1
1
1

From the IRS filings of BLUE SKY FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

BLUE SKY FOUNDATION INC draws 100% of its grant income from funders outside Indiana, across 1 state in all.

NM

In-state vs out-of-state, by year

’20
’21
’22
Indiana out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Against its field

BLUE SKY FOUNDATION INC's funding has concentrated — grant income rose while the number of funders held roughly flat.

Months of reserve1.0mo · bottom quartile
Revenue growth (annualized)−7% · bottom quartile

this organization peer median middle 50% of peers· 2,910 philanthropy nonprofits $1M–$10M, FY2024

Organizations like BLUE SKY FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for BLUE SKY FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BLUE SKY FOUNDATION INC?
BLUE SKY FOUNDATION INC (Indiana) receives grants from 1 organization whose IRS filings report $60,000 to it, the largest being THE FROST FOUNDATION ($60,000). 1 of them have funded it in more than one year.
How many funders does BLUE SKY FOUNDATION INC have?
IRS filings report 1 organization giving $60,000 in grants to BLUE SKY FOUNDATION INC, 1 of which have funded it in more than one year.
Who is the largest funder of BLUE SKY FOUNDATION INC?
THE FROST FOUNDATION is the largest funder on record, with $60,000 in grants. The full list of funders is on this page.
How can an organization like BLUE SKY FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing