NATIONAL BALLOON MUSEUM INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1977

Legal Domicile

Principal Officer

ERIC MARTENS

Phone

5159613714

Tax Period

2022-01-01 to 2022-12-31

NATIONAL BALLOON MUSEUM INC, founded in 1977, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $57K in total revenue in fiscal year 2022. Revenue fell 55% from the prior year — a significant decline worth monitoring. Net assets of $802K represent 170 months of operating reserves.

Mission

PROVIDE A MUSEUM TO RECOGNIZE THE CONTRIBUTIONS AND HISTORY HOT AIR AND GAS BALLOONING HAVE MADE TO AVIATION AND FLIGHT AND TO RECOGNIZE THOSE MEN AND WOMEN WHO HAVE MADE SIGNIFICANT CONTRIBUTIONS TO THE SPORT OF BALLOONING

Program Service Accomplishments

Program 1

Expenses: $45,438 Revenue: $26,705

OPERATE A MUSEUM STAFFED BY VOLUNTEERS, PROVIDE EDUCATION TO THE GENERAL PUBLIC ABOUT BALLOONING, AND RECOGNIZE THE AEROSTATS WHO HAVE MADE SIGNIFICANT CONTRIBUTIONS TO THE SPORT AND GROWTH OF HOT...

OPERATE A MUSEUM STAFFED BY VOLUNTEERS, PROVIDE EDUCATION TO THE GENERAL PUBLIC ABOUT BALLOONING, AND RECOGNIZE THE AEROSTATS WHO HAVE MADE SIGNIFICANT CONTRIBUTIONS TO THE SPORT AND GROWTH OF HOT AIR AND GAS BALLOONING IN THE UNITED STATES

Program 2

Expenses: $12,937 Revenue: $21,722

OPERATE A MUSEUM GIFT SHOP, STAFFED BY VOLUNTEERS, WHO SELL BALLOONING MEMORABILIA, DONATED BALLOON ITEMS AND ENCOURAGE MEMBERSHIP AMONG VISITORS AND THE GENERAL PUBLIC

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $2,223

Program Service Revenue $3,914

Investment Income $20,566

Other Revenue $30,003

TOTAL REVENUE $56,706

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $58,375

Other Expenses $58,450

TOTAL EXPENSES $58,450

Year-over-Year Comparison

	2022	2021	Change
Revenue	$56,706	$126,702	-0.6%
Expenses	$58,450	$59,657	0.0%
Net Income	$-1,744	$67,045	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC MARTENS	President	6.00	Officer Director	$0	$0	$0
DENNIS ANDERSON	Vice President	2.00	Officer Director	$0	$0	$0
ERIC MARTENS	Director	2.00	Officer Director	$0	$0	$0
JANNA HEATER	Director	2.00	Director	$0	$0	$0
DAN BERTSCH	Director	2.00	Director	$0	$0	$0
BRIAN BENNETT	Director	2.00	Director	$0	$0	$0
KEN WALTER	Director	2.00	Director	$0	$0	$0
HOLLEY DOMMER	Director	2.00	Director	$0	$0	$0
CHRISTINE BERTSCH	Director	2.00	Director	$0	$0	$0
KENDRA MINKS	Director	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2022	$56,706	$58,450	$802,202	$-1,744
2021	$126,702	$59,657	$897,937	$67,045
2020	$28,938	$58,306	$836,918	$-29,368