ANDERSON ABRUZZO INTL BALLON MUSEUM FDN

EIN: 850323409 501(c)(3) Arts, Culture & Humanities

ALBUQUERQUE, NM

Total Revenue
$628,330
Total Expenses
$611,005
Total Assets
$700,201
Net Assets
$400,090
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
NM
Principal Officer
MELISSAEV ANDERSON
Phone
5052478900
Tax Period
2024-07-01 to 2025-06-30

ANDERSON ABRUZZO INTL BALLON MUSEUM FDN, founded in 1984, is a small nonprofit in the Arts, Culture & Humanities sector that reported $628K in total revenue in fiscal year 2024. Revenue surged 74% from the prior year, signaling strong growth momentum.

Mission

THE ANDERSON ABRUZZO INTERNATIONAL BALLOON MUSEUM FOUNDATION BELIEVES IN SHARING THE JOY AND WONDER OF BALLOON FLIGHT BY HONORING PAST INNOVATORS AND SUPPORTING FUTURE EXPLORERS. THE ANDERSON ABRUZZO INTERNATIONAL BALLOON MUSEUM FOUNDATION UPLIFTS THE BALLOON MUSEUM BY CULTIVATING RELATIONSHIPS, PROMOTING INVOLVEMENT, AND RAISING FUNDS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $593,331
Program Service Revenue $0
Investment Income $19,215
Other Revenue $15,784
TOTAL REVENUE $628,330

Expense Breakdown

Grants Paid $257,405
Salaries & Benefits $190,919
Fundraising Expenses $154,966
Program Expenses $299,551
Other Expenses $162,681
TOTAL EXPENSES $611,005

Year-over-Year Comparison

2024 2023 Change
Revenue $628,330 $361,536 +0.7%
Expenses $611,005 $387,256 +0.6%
Net Income $17,325 $-25,720 -1.7%
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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Governance

Voting Members
21
Independent Members
21
Employees
22
Volunteers
N/A

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
4
$0
Total Directors
18
$93,640
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YURIRIA MORALES BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL ANDERSON BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHANIE ANDERSON-PUGASH BOARD MEMBER 1.00
Director
$0 $0 $0
TROY BRADLEY BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
GERALD LANDGRAF BOARD MEMBER 1.00
Director
$0 $0 $0
KURT RAGER BOARD MEMBER 1.00
Director
$0 $0 $0
SHAUNA ABRUZZO BOARD MEMBER 1.00
Director
$0 $0 $0
JEREMY RUTHERFORD BOARD MEMBER 1.00
Director
$0 $0 $0
AMANDA MOLINA BOARD MEMBER 1.00
Director
$0 $0 $0
JANICE MCCRARY BOARD MEMBER 1.00
Director
$0 $0 $0
JACQUES W SOUKUP BOARD MEMBER 1.00
Director
$0 $0 $0
ALAN ZIELINSKI BOARD MEMBER 1.00
Director
$0 $0 $0
CRISPIN WILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
CAROL CRAWFORD BOARD MEMBER 1.00
Director
$0 $0 $0
LAURIE MAGOVERN EXECUTIVE DIRECTOR 40.00
Director
$88,000 $5,640 $93,640
DR LINDSAY MUIR BOARD MEMBER 1.00
Director
$0 $0 $0
DANA SERIO BOARD MEMBER 1.00
Director
$0 $0 $0
KAREN BROWN SECRETARY 2.00
Officer
$0 $0 $0
PETER CUNEO PRESIDENT 4.00
Officer
$0 $0 $0
JEREMIAH RITCHIE VICE PRESIDENT 1.00
Officer
$0 $0 $0
MISSY ANDERSON TREASURER 3.00
Officer
$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
2025 $628,330 $611,005 $700,201 $17,325
2024 $361,536 $387,256 $626,026 $-25,720
2023 $338,969 $323,994 $635,854 $14,975
2022 $392,695 $289,756 $498,905 $102,939
2021 $96,280 $157,046 $382,759 $-60,766
2020 $304,145 $187,609 $447,320 $116,536
2019 $346,389 $299,092 $382,787 $47,297
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