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Nonprofit · EIN 14-1590804

ADIRONDACK HOT AIR BALLOON FESTIVAL INC

Tax-exempt · GLENS FALLS, NY 12801

Financials

$281K$305K2023$260K$258K2024
Revenue Expenses · by fiscal year end
Financials of ADIRONDACK HOT AIR BALLOON FESTIVAL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$259,756$257,628$2,128$111,908$0$111,908
December 31, 2023990 (amended)$281,023$305,436-$24,413$109,780$0$109,780
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$66,794
Program service revenue
$164,189
Investment income
$0
Net income from sales of inventory
$28,773
Other revenue
$28,773

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$52,640
Travel
$30,660
Program services (functional)
$230,326
Management and general (functional)
$27,302

Balance sheet and other

Total assets, start of year
$109,780
Total assets, end of year
$111,908
Total liabilities, end of year
$0
Net assets, end of year
$111,908
Net assets without donor restrictions
$111,908
Gross receipts
$326,098
Employees
0
Volunteers
40
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MARK DONAHUEBOARD CHAIR
Trustee or director, Officer
10$0
STEVE SELLINGHAMDIRECTOR
Trustee or director
2$0
ERIN COKERDIRECTOR
Trustee or director
2$0
HOLLY DURIVAGEDIRECTOR
Trustee or director
2$0
WAYNE SICKLERDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
MARK DONAHUEBOARD CHAIR
Trustee or director, Officer
10$0
STEVE SELLINGHAMDIRECTOR
Trustee or director
2$0
ERIN COKERDIRECTOR
Trustee or director
2$0
HOLLY DURIVAGEDIRECTOR
Trustee or director
2$0
WAYNE SICKLERDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
PO BOX 883, GLENS FALLS, NY 12801-0883
Principal officer (990 for 2024)
MARK DONAHUE, PO BOX 883, GLENS FALLS, NY 12801
Signed the 990
MARK DONAHUE, BOARD CHAIR
Phone
(518) 222-4593
Return prepared by
BONADIO & CO LLP

Mission

TO BRING EDUCATIONAL ENJOYMENT AND ENTERTAINMENT TO THE ADIRONDACK COMMUNITY THROUGH HOT AIR BALLOONING.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ANNUAL ADIRONDACK HOT AIR BALLOON FESTIVAL WAS HELD FOR THE EDUCATIONAL ENJOYMENT AND ENTERTAINMENT OF THE ADIRONDACK COMMUNITY.
    Expenses $230,326 · revenue $192,962

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
14-1590804
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1994
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$111,908
Income (IRS master file)
$326,098

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$259,756$257,628$111,908XML
990December 2023$281,023$305,436$109,780XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 14-1590804).

Questions about ADIRONDACK HOT AIR BALLOON FESTIVAL INC

What is the EIN of ADIRONDACK HOT AIR BALLOON FESTIVAL INC?
The employer identification number (EIN) of ADIRONDACK HOT AIR BALLOON FESTIVAL INC is 14-1590804.
Is ADIRONDACK HOT AIR BALLOON FESTIVAL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1994.
Are donations to ADIRONDACK HOT AIR BALLOON FESTIVAL INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ADIRONDACK HOT AIR BALLOON FESTIVAL INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ADIRONDACK HOT AIR BALLOON FESTIVAL INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ADIRONDACK HOT AIR BALLOON FESTIVAL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ADIRONDACK HOT AIR BALLOON FESTIVAL INC?
The 990 for the year ended December 31, 2024 names MARK DONAHUE.
Who are the officers and directors of ADIRONDACK HOT AIR BALLOON FESTIVAL INC?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does ADIRONDACK HOT AIR BALLOON FESTIVAL INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $259,756, expenses of $257,628 and total assets of $111,908 at year end.

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