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EIN 86-2006217

Collierville Balloon Festival

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Collierville
State
Tennessee
Year formed
2021
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
"Collierville Balloon Festival is a private foundation located in Collierville, TN that primarily raises funds to provide assistance to the receiving organization's purpose. Its main objective is to provide funding for the organization's festival and grants through revenue generated from application fees, tethered rides, and vendor sales. Grantees of this festival include Collierville Rotary Club and other organizations. Last year, it made two grants to its beneficiaries.".
Total revenues
$471,729
2023
Total expenses
$434,525
2023
Total assets
$137,150
2023
Num. employees
0
2023

Program areas at Collierville Balloon Festival

To provide funding for the organization's Festival and grants. Revenue associated with application fees, tethered rides, vendor income, and carnival income.

Grants made by Collierville Balloon Festival

GranteeGrant descriptionAmount
Collierville Education FoundationTo Provide Assistance To the Receivi$50,000
First BookTo Provide Assistance To the Receivi$4,138
Rotary International - Hernando Rotary ClubTo Provide Assistance To the Receivi$2,800
...and 4 more grants made

Personnel at Collierville Balloon Festival

NameTitleCompensation
Jennifer BennettTreasurer$0

Financials for Collierville Balloon Festival

RevenuesFYE 12/2023
Total grants, contributions, etc.$167,404
Investment income and dividends$411
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$303,914
Total revenues$471,729

Form 990s for Collierville Balloon Festival

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-15990PFView PDF
2022-122024-05-15990PFView PDF
2021-122023-06-14990PFView PDF

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Data update history
July 11, 2024
Used new vendors
Identified 1 new vendor, including
August 2, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 23, 2023
Updated personnel
Identified 9 new personnel
July 22, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate operating foundationsCharities
Issues
EducationArts, cultural, and humanities
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
255 Schilling Blvd Suite 110
Collierville, TN 38017
Metro area
Memphis, TN-MS-AR
County
Shelby County, TN
Website URL
colliervilleballoonfestival.com/ 
Phone
(901) 606-4062
IRS details
EIN
86-2006217
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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