Hot Air Jubilee
- Assets
- $35.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jackson, MI
- Founding
- 02/2004
- Data as of
- 12/2022
- EIN
- 38-3111323
Organization Overview
Hot Air Jubilee is located in Jackson, MI. The organization was established in 2004. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hot Air Jubilee is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Hot Air Jubilee generated $3.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (31.4%) each year. All expenses for the organization totaled $8.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (23.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
DURING 2022, IN EXCESS OF 20 BALLOONISTS CAME TO JACKSON TO PARTICIPATE IN VARIOUS EVENTS. THE EVENTS BRING NUMEROUS PARTICIPANTS, VENDORS, AND SPECTATORS INTO THE COUNTY. THE PROGRAMS AVAILABLE DURING THE HOT AIR JUBILEE EVENT INCLUDE VINTAGE AIRCRAFT SHOWS, STATIC AIRCRAFT DISPLAYS, AND HOT AIR BALLOONING AND EDUCATIONAL PROGRAMS FOR CHILDREN. IN 2022 THE ESTIMATED VALUE OF DONATED SERVICES AND FREE USE OF PROPERTY AND EQUIPMENT IS APPROXIMATELY 1,261.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Gootee Board Member | 0 | $0 | |
Megan Smith Secretary | 0 | $0 | |
Ashley Fall Board Member | 0 | $0 | |
Jeanne Lindahl Board Member | 0 | $0 | |
David Seekell Vice Chair | 0 | $0 | |
David Salsbury Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,261 |
| Total Program Service Revenue | $2,500 |
| Membership dues | $0 |
| Investment income | $17 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,778 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,090 |
| Occupancy, rent, utilities, and maintenance | $1,011 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,756 |
| Total expenses | $8,857 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,902 |
| Other assets | $0 |
| Total assets | $35,902 |
| Total liabilities | $2,744 |
| Net assets or fund balances | $33,158 |