Great Mississippi River Balloon Race

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 640792957 ✦ Natchez, MS ✦ Designated as a 501(c)(4)

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Overview

What is Great Mississippi River Balloon Race?

The Great Mississippi River Balloon Race is a nonprofit event that took place in Natchez, Mississippi, during October 2019. Its primary objective was to offer recreational activities to the general public, providing an enjoyable experience through balloon rides and race observations. This festive occasion also offered additional leisure benefits for attendees, thus serving as a source of entertainment and enjoyment for the local community.


Official website here: www.natchezballoonrace.com

Is Great Mississippi River Balloon Race legitimate?

Great Mississippi River Balloon Race is a legitimate nonprofit organization registered as a 501(c)(4) entity. Great Mississippi River Balloon Race submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.natchezballoonrace.com

What is the mission statement of Great Mississippi River Balloon Race?

The Great Mississippi River Balloon Race serves to offer recreational benefits to the public. Specifically, during October 2019 in an unspecified location, the event provided leisure activities such as balloon rides and race observation, bringing joy and entertainment to the attendees. Essentially, the mission of the Great Mississippi River Balloon Race is to create a fun-filled experience for the general public.


Official website here: www.natchezballoonrace.com

Who is the CEO of Great Mississippi River Balloon Race?

Scott Adams is the Executive Director of Great Mississippi River Balloon Race.


Official website here: www.natchezballoonrace.com

What is the revenue of Great Mississippi River Balloon Race?

Great Mississippi River Balloon Race's revenue in 2022 was $558,112.


Official website here: www.natchezballoonrace.com

Who are the executives of Great Mississippi River Balloon Race and what are their salaries?


Here are 3 key members and their salaries:


Scott Adams (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carter Burns (Assistant Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Adams (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.natchezballoonrace.com

Where can I find the form 990 for Great Mississippi River Balloon Race?

Great Mississippi River Balloon Race's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.natchezballoonrace.com

Learn more at the official website: www.natchezballoonrace.com

Mission Statement of Great Mississippi River Balloon Race

The Great Mississippi River Balloon Race serves as a platform for offering leisure activities to the public. Its primary mission is to provide recreational benefits, as evidenced by the hosting of balloon rides and race observations during October 2019. This festival was designed to offer enjoyable experiences for the attendees, allowing them to participate in and observe the balloon races. The event aimed to cater to the general public's leisure interests, creating a festive atmosphere and providing an opportunity for entertainment and enjoyment.

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Impact




October, 2024

The Great Mississippi River Balloon Race has a significant impact on the community by providing a vibrant recreational festival that attracts both locals and visitors to Natchez, MS. This annual event enhances community engagement and offers participants exhilarating experiences through balloon rides and race observation.

By creating a festive atmosphere, it promotes tourism in the area, boosting the local economy as attendees explore shops, restaurants, and accommodations. The event fosters a sense of community pride and connection, bringing people together to celebrate and enjoy the beauty of hot air ballooning. Overall, the festival enriches the cultural landscape of Natchez while offering valuable leisure activities for the public.




This information is meant to be a general summary of Great Mississippi River Balloon Race. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$558,112 (2022)
Expenses
$468,310 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $65
  • Program Service Revenue: $558,047
  • Gross Receipts: $558,112

Assets and Liabilities:

  • Total Assets: $501,277
  • Total Liabilities: $0
  • Net Assets: $501,277

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROG.SERV.REVENUE-RELA

Revenue

$558,047

Organization Details

Founding Year

1989

Principal Officer

Scott Adams

Main Address

POST OFFICE BOX 1027, NATCHEZ, MS, 39121

NTEE Category

Code: N52 - Recreation

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