Form 990-EZ for tax year 2023
Filed by CARSON VALLEY BALLOON FESTIVAL.
Totals
- Total revenue
- $96,568
- Total expenses
- $71,152
- Contributions and grants received
- $90,699
- Grants paid
- $1,000
- Program service revenue
- $1,669
- Membership dues (line 3)
- not reported
- Investment income (line 4)
- not reported
- Gain or loss on sale of assets (line 5c)
- not reported
- Gaming and fundraising events, net (line 6d)
- not reported
- Gross profit on inventory sales (line 7c)
- $4,200
- Other revenue (line 8)
- not reported
- Total assets, end of year
- $25,416
- Total liabilities, end of year
- not reported
- Net assets or fund balances, end of year
- $25,416
- Program service expenses (Part III)
- $71,152
Program services were 100.0% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.
Mission and programs · 2023
Primary exempt purpose
TO ORGANIZE AND OPERATE THE ANNUAL CARSON VALLEY BALLOON FESTIVAL. THE FESTIVAL PROMOTES DOUGLAS COUNTY, NEVADA BY AFFORDING THE COMMUNITY WITH RECREATIONAL ENTERTAINMENT OPPORTUNTIES AND MAKING CONTRIBUTIONS TO WORTHY CHARITIES DETERMINED BY THE BOARD OF DIRECTORS.
-
THE PRIMARY PROGRAM SERVICE ACCOMPLISHMENT OF THE CARSON VALLEY BALLOON FESTIVAL IS TO PROVIDE AN ANNUAL 3-DAY HOT AIR BALLOON FESTIVAL. THIS FESTIVAL PROVIDES FAMILY ENTERTAINMENT, EDUCATIONAL OPPORTUNITIES, AND ECONOMIC BENEFIT TO THE LOCAL COMMUNITY THROUGH INCREASED TOURIST VISITATION. IN 2023 PROCEEDS FROM THE EVENT FACILITATED A CHARITABLE DONATION OF 20,000, MADE TO THE CENTER FOR HOME AND HEALING HTTPS://DOUGLASCENTERFORHOPEANDHEALING.ORG, WHICH PROVIDES FREE GRIEF COUNSELING. THE PROCEEDS ALSO PROVIDED 12 FREE SCHOOL ASSEMBLIES, INCLUDING 1 FOR HOME SCHOOLED CHILDREN, TO EDUCATE CHILDREN ABOUT THE SCIENCE OF HOT AIR BALLOONS AND PARTICIPATION IN A COMMUNITY WIDE HOLIDAY PARADE.
Expenses $71,152 · Grants $1,000
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part IV
-
Greg NelsonGREG NELSON
PRESIDENT
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 5
-
Amanda JohnsonAMANDA JOHNSON
VICE PRESIDE
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 5
-
Tracy NelsonTRACY NELSON
TREASURER
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 5
-
Lorelei LambLORELEI LAMB
SECRETARY
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 5
-
Allen AndersonALLEN ANDERSON
TRUSTEE
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 5
-
Jason SmithJASON SMITH
TRUSTEE
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 5
Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990_ez
- Tax year
- 2023
- Filed
- 9 October 2024
- IRS schema version
- 2023v5.0
- Source object
- 202432839349200913
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