# Plano Balloon Festival Inc

Amateur sports nonprofit in Plano, Texas 75086. EIN 75-2251759. Data as of November 8, 2026.

Page: https://backpr.com/find/nonprofit/752251759-plano-balloon-festival-inc

## Mission (the organization's own words)

> The plano balloon festival inc. Is dedicated to educating attendees about hot air ballooning and producing a family oriented, high quality event that offers other local non-profits an opportunity to assist in the operations of the festival. Our objective is to offer the participating non-profit agencies an opportunity to raise funds and awareness of their programs and services, thus enhancing the...

Source: Form 990, year ending Dec 2025: https://projects.propublica.org/nonprofits/organizations/752251759/202630649349300938/full

## IRS facts

- Type: Amateur sports (IRS activity code N6XZ)
- Tax status: 501(c)(3), contributions deductible, recognized 1989
- Source: IRS Business Master File, posted October 13, 2026: https://www.irs.gov/charities-non-profits/exempt-organizations-business-master-file-extract-eo-bmf

## Finances (IRS Form 990 e-file data)

| Year ending | Revenue | Expenses | Assets | Net assets | Employees | Volunteers | Source |
|---|---|---|---|---|---|---|---|
| Dec 2025 | $2,352,563 | $2,030,368 | $1,780,881 | $1,780,881 | 3 | 2,000 | [Form 990](https://projects.propublica.org/nonprofits/organizations/752251759/202630649349300938/full) |
| Dec 2023 | $1,609,694 | $1,431,896 | $1,138,779 | $1,138,779 | 3 | 424 | [Form 990](https://projects.propublica.org/nonprofits/organizations/752251759/202420859349301142/full) |
| Dec 2022 | $1,332,436 | $966,090 | $960,981 | $960,981 | 3 | - | [Form 990](https://projects.propublica.org/nonprofits/organizations/752251759/202330609349300323/full) |

Expense split, year ending Dec 2025: programs $1,818,197 (90%), management $212,171 (10%), fundraising $0 (0%).

Revenue sources, year ending Dec 2025: gifts and grants $971,575, program fees $1,334,358, investment income $46,630.

Growth label: **Growing** (about +21% a year, Dec 2022 to Dec 2025). Growth label: we compare total revenue on the oldest and the newest return shown above. Growing means revenue rose by more than 10% a year on average, Shrinking means it fell by more than 10% a year, and Steady means a change between -10% and +10% a year. The rate is the compounded yearly average between the two returns, so it hides ups and downs in between (see the table). We only label groups with returns at least a year apart and at least $5,000 of revenue on the oldest one. This is our own calculation, not an IRS rating or a judgment of quality.

## How it compares

- Revenue rank: 4 of 35 amateur sports nonprofits in Plano.
- Revenue $2,352,563 is in the top 10% of 1,107 amateur sports nonprofits in Texas; median $136,579.
- Source: IRS Business Master File, posted October 13, 2026; BackPR analysis.

- Licensed programs in Plano: 96 licensed child care centers, 10 school-age programs: https://backpr.com/find/texas/plano
- Texas rules: https://backpr.com/resources/states/texas

## Questions

**What is Plano Balloon Festival Inc's EIN?**

Plano Balloon Festival Inc's EIN (Employer Identification Number) is 75-2251759. It is the nine-digit number the IRS uses to identify the organization. Source: IRS Exempt Organizations Business Master File posted October 13, 2026.

**Is Plano Balloon Festival Inc a nonprofit?**

Yes. The IRS lists Plano Balloon Festival Inc in Plano, Texas as tax-exempt under section 501(c)(3), recognized since 1989. This is from the IRS Business Master File posted October 13, 2026. Status can change, so check its current status on the IRS Tax Exempt Organization Search before you donate.

**Are donations to Plano Balloon Festival Inc tax-deductible?**

Yes, the IRS lists gifts to Plano Balloon Festival Inc as tax-deductible (IRS Business Master File posted October 13, 2026). How much you can deduct depends on your own taxes, and this is not tax advice. Check its current status on the IRS Tax Exempt Organization Search before you donate.

**What does Plano Balloon Festival Inc do?**

In its own words on its Form 990 for the year ending Dec 2025: "The plano balloon festival inc. Is dedicated to educating attendees about hot air ballooning and producing a family oriented, high quality event that offers other local non-profits an opportunity to assist in the operations of the festival. Our objective is to offer the participating non-profit agencies an opportunity to raise funds and awareness of their programs and services, thus enhancing the..." The IRS classifies it as: Amateur sports.

**How much money does Plano Balloon Festival Inc take in?**

For the year ending Dec 2025, Plano Balloon Festival Inc reported total revenue of $2,352,563 and total expenses of $2,030,368 on its Form 990 (IRS Form 990 e-file data).

---
Data as of November 8, 2026. Sources: IRS Business Master File, IRS Form 990 series e-file data, U.S. Census Bureau. No officer or staff names are published.