The Fuze display doesn’t usually show you the actual folders.
Artist, Album, etc., are lists of what it reads from the ID3 tags. And it cannot read tags that are ID3v1, only ID3v2.2 or ID3v2.3 . If you use Get Info in iTunes and Save the tags again, that should give you ID3v2.2. Then re-send those newly tagged files to the Fuze.
There’s another way to look as well. Down at the end of the music list, scrolling the wheel to a second page past Artist, Album etc., you’ll see Folders. That is more like a folder view on your computer (although apparently not exactly the same). See if that helps you find things.
If you don’t have Folders at the end of the music list, you should update the Fuze firmware with the instructions here.
http://forums.sandisk.com/t5/Sansa-Fuze/Sansa-Fuze-Firmware-Update-01-02-31-amp-02-03-33/td-p/139175
