Great Mississippi River Balloon Race
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 87,811 | 77,015 | 10,796 | 55.3 | 0% |
| 2021 | 428,045 | 354,650 | 73,395 | 15.0 | 0% |
| 2022 | 558,112 | 468,310 | 89,802 | 12.8 | 0% |
| 2023 | 537,967 | 482,742 | 55,225 | 13.8 | 0% |
In its most recent public year (2023), this organization brought in $55,225 more than it spent. Its reserves stood at about 13.8 months of spending, down from 55.3 in 2020. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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