BALLOON MUSEUM INC: Form 990EZ, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- BALLOON MUSEUM INC (EIN 83-2376699)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-04-02
- IRS object ID
- 202510929349200211
- Schema version
- 2024v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-04-02T08:17:23-04:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 561534142 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | POTTS STEELE & WHITE PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1189 | AddressLine1Txt |
| City | STATESVILLE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28687 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 832376699 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BALLOON MUSEUM INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BALL | BusinessNameControlTxt |
| Phone | 5055039091 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1677 | AddressLine1Txt |
| City | STATESVILLE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28687 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SAMUEL PARKS | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 5055039091 | PhoneNum |
| Signature | 2025-03-22 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KARA SUMMERS STEELE | PreparerPersonNm |
| PTIN | P01040412 | PTIN |
| Phone | 7048789541 | PhoneNum |
| Preparation | 2025-03-22 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Website Address | THEBALLOONMUSEUM.ORG | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $95,000 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $95,000 | ContributionsGiftsGrantsEtcAmt |
| Total Revenue | $95,000 | TotalRevenueAmt |
| Salaries Other Comp Empl Bnft | $71,767 | SalariesOtherCompEmplBnftAmt |
| Fees And Other Pymt To Ind Cntrct | $890 | FeesAndOtherPymtToIndCntrctAmt |
| Printing Publications Postage | $626 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $1,792 | OtherExpensesTotalAmt |
| Total Expenses | $75,075 | TotalExpensesAmt |
| Excess Or Deficit For Year | $19,925 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $1,251 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $21,176 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,251 | BOYAmt |
| EOY | $7,472 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $15,000 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,251 | BOYAmt |
| EOY | $22,472 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $1,296 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,251 | BOYAmt |
| EOY | $21,176 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Primary Exempt Purpose | THEIR GOAL IS TO PROVIDE A MUSEUM WHERE BALLOONISTS CAN PRESERVE THEIR HISTORY, A VENUE TO HOST SPECIAL EVENTS, AND AN EDUCATIONAL FACILITY WHERE THE PUBLIC CAN LEARN ABOUT THE SPORT OF BALLOONING. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | THEIR GOAL IS TO PROVIDE A MUSEUM WHERE BALLOONISTS CAN PRESERVE THEIR HISTORY, A VENUE TO HOST SPECIAL EVENTS, AND AN EDUCATIONAL FACILITY WHERE THE PUBLIC CAN LEARN ABOUT THE SPORT OF BALLOONING. | DescriptionProgramSrvcAccomTxt |
| Program Service Expenses | $74,185 | ProgramServiceExpensesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $74,185 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (9 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| DON CLINE | ||
| PRESIDENT | 1.00 | $0 |
| CHARLES WILLARD | ||
| SECRETARY | 1.00 | $0 |
| ROBB COLLIER | ||
| TREASURER | 1.00 | $0 |
| CHARLES PAGE | ||
| BOARD MEMBER | 1.00 | $0 |
| RANDY CARY | ||
| BOARD MEMBER | 1.00 | $0 |
| BILL MEADOWS | ||
| BOARD MEMBER | 1.00 | $0 |
| TOM WILSON | ||
| BOARD MEMBER | 1.00 | $0 |
| MARK MYER | ||
| BOARD MEMBER | 1.00 | $0 |
| SAMUEL PARKS | ||
| EXECUTIVE DI | 40.00 | $66,667 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SAMUEL PARKS | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1677 | AddressLine1Txt |
| City | STATESVILLE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28687 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5055039091 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $95,000 | CurrentTaxYearAmt |
| Total | $95,000 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $95,000 | CurrentTaxYearAmt |
| Total | $95,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $95,000 | PublicSupportTotal170Amt |
| Total Support | $95,000 | TotalSupportAmt |
| Public Support CY170 | 1.00000 | PublicSupportCY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990-EZ, PART I, LINE 16 | EXPENSES ADVERTISING 46 OFFICE EXPENSE 1,457 MEETING EXPENSE 180 BANK CHARGES 12 PENALTIES 25 SUPPLIES 72 TOTAL 1,792 |
| FORM 990-EZ, PART II, LINE 24 | HOT AIR BALLOON 0 15,000 TOTAL 0 15,000 |
| FORM 990-EZ, PART II, LINE 26 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 1,296 |
| FORM 990-EZ, PART III | THEIR GOAL IS TO PROVIDE A MUSEUM WHERE BALLOONISTS CAN PRESERVE THEIR HISTORY, A VENUE TO HOST SPECIAL EVENTS, AND AN EDUCATIONAL FACILITY WHERE THE PUBLIC CAN LEARN ABOUT THE SPORT OF BALLOONING. |
Comments