Anderson Abruzzo International Balloon Museum Foundation
EIN: 850323409 · Albuquerque, NM · NTEE: A500
| Metric | Value |
|---|---|
| Total Revenue | $885K |
| Total Expenses | $324K |
| Net Assets | $408K |
Is Anderson Abruzzo International Balloon Museum Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Anderson Abruzzo International Balloon Museum Foundation
Anderson Abruzzo International Balloon Museum Foundation (EIN: 850323409) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code A500. The organization reported total revenue of $885K and total assets of $626K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Anderson Abruzzo International Balloon Museum Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Anderson Abruzzo International Balloon Museum Foundation is a small nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $339K |
| Total Expenses | $324K |
| Surplus / Deficit | +$15K |
| Total Assets | $636K |
| Total Liabilities | $227K |
| Net Assets | $408K |
| Operating Margin | 4.4% |
| Debt-to-Asset Ratio | 35.8% |
| Months of Reserves | 23.6 months |
Financial Health Grade: A
In 2023, Anderson Abruzzo International Balloon Museum Foundation reported a surplus of $15K with revenue exceeding expenses, holds 23.6 months of operating reserves (strong position), has a debt-to-asset ratio of 35.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Anderson Abruzzo International Balloon Museum Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.7% | +11.8% | +27.4% |
| 2022 | +307.9% | +84.5% | +30.3% |
| 2021 | -68.3% | -16.3% | -14.4% |
| 2020 | -12.2% | -37.3% | +16.9% |
| 2019 | -7.7% | -13.6% | +24.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Anderson Abruzzo International Balloon Museum Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Anderson Abruzzo International Balloon Museum Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
- Debt-to-asset ratio: 35.8%.
Frequently Asked Questions about Anderson Abruzzo International Balloon Museum Foundation
Is Anderson Abruzzo International Balloon Museum Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Anderson Abruzzo International Balloon Museum Foundation (EIN: 850323409) insufficient data. 0 red flags identified, 0 strengths noted.
How does Anderson Abruzzo International Balloon Museum Foundation spend its money?
Detailed spending breakdown data is not yet available for Anderson Abruzzo International Balloon Museum Foundation. Check back for updated IRS 990 analysis.
Are donations to Anderson Abruzzo International Balloon Museum Foundation tax-deductible?
Anderson Abruzzo International Balloon Museum Foundation is registered as a tax-exempt nonprofit (EIN: 850323409). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Anderson Abruzzo International Balloon Museum Foundation located?
Anderson Abruzzo International Balloon Museum Foundation is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 850323409. It is classified under NTEE code A500.
How many years of IRS 990 filings does Anderson Abruzzo International Balloon Museum Foundation have?
Anderson Abruzzo International Balloon Museum Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $885K in total revenue.
Filing History
IRS 990 filing history for Anderson Abruzzo International Balloon Museum Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Anderson Abruzzo International Balloon Museum Foundation's revenue has grown by 125.9%, moving from $150K to $339K. Total assets increased by 393.4% over the same period, from $129K to $636K. Total functional expenses rose by 62.9%, from $199K to $324K. In its most recent filing year (2023), Anderson Abruzzo International Balloon Museum Foundation reported a surplus of $15K, with revenue exceeding expenses. The organization holds $227K in liabilities against $636K in assets (debt-to-asset ratio: 35.8%), resulting in net assets of $408K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $339K | $324K | $636K | $227K | — | View 990 |
| 2022 | $393K | $290K | $499K | $104K | — | View 990 |
| 2021 | $96K | $157K | $383K | $91K | — | — |
| 2020 | $304K | $188K | $447K | $94K | — | View 990 |
| 2019 | $346K | $299K | $383K | $146K | — | View 990 |
| 2018 | $375K | $346K | $307K | $118K | — | View 990 |
| 2017 | $238K | $225K | $250K | $89K | — | View 990 |
| 2016 | $346K | $297K | $234K | $87K | — | View 990 |
| 2015 | $139K | $137K | $190K | $82K | — | View 990 |
| 2014 | $206K | $194K | $180K | $74K | — | View 990 |
| 2013 | $381K | $404K | $194K | $100K | — | View 990 |
| 2012 | $232K | $169K | $182K | $72K | — | View 990 |
| 2011 | $150K | $199K | $129K | $82K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $339K, expenses of $324K, and assets of $636K (revenue -13.7% year-over-year).
- 2022: Revenue of $393K, expenses of $290K, and assets of $499K (revenue +307.9% year-over-year).
- 2021: Revenue of $96K, expenses of $157K, and assets of $383K (revenue -68.3% year-over-year).
- 2020: Revenue of $304K, expenses of $188K, and assets of $447K (revenue -12.2% year-over-year).
- 2019: Revenue of $346K, expenses of $299K, and assets of $383K (revenue -7.7% year-over-year).
- 2018: Revenue of $375K, expenses of $346K, and assets of $307K (revenue +57.8% year-over-year).
- 2017: Revenue of $238K, expenses of $225K, and assets of $250K (revenue -31.3% year-over-year).
- 2016: Revenue of $346K, expenses of $297K, and assets of $234K (revenue +149.2% year-over-year).
- 2015: Revenue of $139K, expenses of $137K, and assets of $190K (revenue -32.6% year-over-year).
- 2014: Revenue of $206K, expenses of $194K, and assets of $180K (revenue -46.0% year-over-year).
- 2013: Revenue of $381K, expenses of $404K, and assets of $194K (revenue +64.6% year-over-year).
- 2012: Revenue of $232K, expenses of $169K, and assets of $182K (revenue +54.4% year-over-year).
- 2011: Revenue of $150K, expenses of $199K, and assets of $129K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Anderson Abruzzo International Balloon Museum Foundation:
Data Sources and Methodology
This transparency report for Anderson Abruzzo International Balloon Museum Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.