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National Balloon Classic Ltd.

National Balloon Classic Ltd.

Indianola, IA
Tax ID51-0137286

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By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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About this organization

Revenue

$539,170

Expenses

$492,219

Mission

Promotion of hot air ballooning through public education & entertainment

About

Staged a nine day sport ballooning championship for the education & enjoyment of the general public

Interesting data from their 2019 990 filing

According to the filing, the non-profit's mission is “Promotion of hot air ballooning through public education & entertainment”.

When detailing its duties, they were outlined as: “Promotion of hot air ballooning through public education & entertainment”.

  • According to the law, the state of operation reported by the non-profit is IA.
  • As per the filing, the address of the non-profit for 2019 is 1006 KENSINGTON CT, INDIANOLA, IA, 50125.
  • The non-profit's form for the year 2019 reports a total of 3 employees on their payroll.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is $46,951.
  • The CEO compensation plan of the organization is determined by an independent party's review and approval.
  • The organization has 10 independent voting members.
  • The organization was formed in 1973.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $112,417 in salary, compensation, and benefits to its employees.
  • The organization pays $87,565 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has fundraising events.