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EIN 51-0137286

National Balloon Classic

IRS 501(c) type
501(c)(3)
Num. employees
2
City
Indianola
State
Iowa
Year formed
1973
Most recent tax filings
2023-10-01
NTEE code, primary
N52: Fair, County and Other
Description
National Balloon Classic promotes hot air ballooning through public education and entertainment. It stages a nine day sport ballooning championship that educates and entertains the general public. The event happens in Indianola, IA.
Also known as...
National Balloon Championship
Total revenues
$634,990
2023
Total expenses
$608,554
2023
Total assets
$862,983
2023
Num. employees
2
2023

Program areas at National Balloon Classic

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

Who funds National Balloon Classic

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
GreenState Credit UnionNational Balloon Classic$7,000

Personnel at National Balloon Classic

NameTitleCompensation
Staci ScheurenbrandStaff$92,236
Becky NeedlesPresident$0
Jim StockbergerPast President$0
Nathan FehlVice President$0
Dale CrainPast President$0

Financials for National Balloon Classic

RevenuesFYE 10/2023
Total grants, contributions, etc.$317,001
Program services$298,074
Investment income and dividends$106
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$878
Net income from gaming activities$0
Net income from sales of inventory$18,931
Miscellaneous revenues$0
Total revenues$634,990

Form 990s for National Balloon Classic

Fiscal year endingDate received by IRSFormPDF link
2023-102024-07-23990View PDF
2022-102023-07-19990View PDF
2021-102022-03-17990View PDF
2020-102021-09-07990View PDF
2019-102021-02-17990View PDF
...and 9 more Form 990s
Data update history
April 6, 2024
Used new vendors
Identified 1 new vendor, including
December 29, 2023
Received grants
Identified 1 new grant, including a grant for $7,000 from GreenState Credit Union
August 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 22, 2023
Received grants
Identified 1 new grant, including a grant for $7,000 from GreenState Credit Union
August 4, 2022
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
FairsCharities
Issues
Human services
Characteristics
Fundraising eventsState / local levelReceives government fundingCommunity engagement / volunteeringGala fundraisersTax deductible donationsAccepts online donations
General information
Address
PO Box 346
Indianola, IA 50125
Metro area
Des Moines-West Des Moines, IA
County
Warren County, IA
Website URL
nationalballoonclassic.com/ 
Phone
(515) 961-8415
IRS details
EIN
51-0137286
Fiscal year end
October
Taxreturn type
Form 990
Year formed
1973
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
N52: Fair, County and Other
NAICS code, primary
7113: Promoters of Performing Arts, Sports, and Similar Events
Parent/child status
Independent
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