Overview
What is Balloons Over Vermilion Nfp?
Balloons Over Vermilion Nfp, headquartered in Danville, Illinois, is a nonprofit organization dedicated to organizing festivals for the benefit of Vermilion County residents. Their primary mission is to raise funds for other organizations through these events. The most notable festivals they conduct are the Balloon Festival and the Festival of Trees. By hosting these events, Balloons Over Vermilion Nfp contributes positively to the local community and supports various charitable causes within Vermilion County.
Official website here: www.baloonsoververmilion.com
Is Balloons Over Vermilion Nfp legitimate?
Balloons Over Vermilion Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Balloons Over Vermilion Nfp 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:
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Official website here: www.baloonsoververmilion.com
What is the mission statement of Balloons Over Vermilion Nfp?
Balloons Over Vermilion Nfp operates an organization that conducts various festivals, with the primary goal of benefiting the residents of Vermilion County. One of their main activities is organizing a balloon festival. The primary mission of Balloons Over Vermilion Nfp is to raise funds for other organizations through these festivals. They achieve this by distributing the funds raised during these events. The organization's activities primarily revolve around the operation of the Balloon Festival and the Festival of Trees.
Official website here: www.baloonsoververmilion.com
What is the revenue of Balloons Over Vermilion Nfp?
Balloons Over Vermilion Nfp's revenue in 2023 was $413,991.
Official website here: www.baloonsoververmilion.com
Who are the executives of Balloons Over Vermilion Nfp and what are their salaries?
There 500 volunteers at Balloons Over Vermilion Nfp.
Here are 8 key members and their salaries:
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Official website here: www.baloonsoververmilion.com
Where can I find the form 990 for Balloons Over Vermilion Nfp?
Balloons Over Vermilion Nfp's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.baloonsoververmilion.com
Learn more at the official website: www.baloonsoververmilion.com
Mission Statement of Balloons Over Vermilion Nfp
Balloons Over Vermilion Nfp is an organization that dedicates its efforts to conducting festivals for the betterment of Vermilion County residents. Its primary mission is to operate an organization that organizes the renowned Balloon Festival and other festivals, with the primary aim of raising funds that are subsequently distributed to various other local organizations. This nonprofit's activities are focused on uplifting the community by means of these festivals, which serve as a source of entertainment and a medium for generating funds for the benefit of other deserving organizations. The organization's activities include the operation of the Balloon Festival and the Festival of Trees, both of which contribute positively to the community's spirit and well-being.
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Impact
October, 2024
Balloons Over Vermilion has a significant impact on the residents of Vermilion County by hosting vibrant festivals such as the Balloon Festival and the Festival of Trees. These events not only foster a sense of community and provide recreational enjoyment but also serve as a platform for fundraising. The funds raised through these festivals benefit various local organizations, enhancing the overall well-being of the community. By creating opportunities for residents to gather, celebrate, and support one another, Balloons Over Vermilion strengthens social bonds and promotes local involvement, ultimately enriching the cultural fabric of Vermilion County.
This information is meant to be a general summary of Balloons Over Vermilion Nfp. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,297
- Program Service Revenue: $142,914
- Gross Receipts: $413,991
Assets and Liabilities:
- Total Assets: $519,034
- Total Liabilities: $186,834
- Net Assets: $332,200
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$55,919
EVENTS
Revenue
$55,009
CONCESSIONS
Revenue
$19,039
VENDORS
Revenue
$12,947
Organization Details
Founding Year
2021
Principal Officer
Dean Carlton
Website
www.baloonsoververmilion.comNTEE Category
Code: N99 - Recreation
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