Plano Balloon Festival Inc logo

Plano Balloon Festival Inc

Public charity · Grantmaker Plano, TX EIN: 75-2251759 Website

To produce a family oriented, high quality event that offers other local non-profits an opportunity to assist in the operations of the festival. Our objective is to offer the participating non-profit agencies an opportunity to raise funds and awareness for their organized charitable activity, consisting of primarily the balloon festival.

Plano Balloon Festival Inc at a glance

Total assets
$1,780,881
+22.1% vs 2024
Revenue (2025)
$2,352,563
+32.4% vs 2024
Net investment income (2025)
$46,630
+48.9% vs 2024
Expenses (2025)
$2,030,368
+39.2% vs 2024
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

Who Plano Balloon Festival Inc funds

How this funder distributes its grants

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 4 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

McKinneyPlanoWylie

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants2020 0 grants2021 0 grants2022 4 grants2023 0 grants2024 0 grants2025

In 2023 it made 4 grants totaling $50K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Collin County Community College McKinney, TX—$29,619
Brookhaven Church McKinney, TX—$9,500
Boy Scout Troop 221 Plano, TX—$5,700
East Fork Masonic Lodge Wylie, TX—$5,320
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$1,780,881$2,352,563$2,030,368——$46,630
2024$1,458,686$1,777,518$1,458,374——$31,310
2023$1,138,779$1,609,694$1,431,896$50,1394$18,783
2022$960,981$1,332,436$966,090——$6,706
2021$593,959$99,327$238,975——$8,203
2020$708,824$44,246$217,183——$8,428

About Plano Balloon Festival Inc

Based on IRS filings

Plano Balloon Festival Inc is a public charity focused on Recreation & Sports, based in Plano, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.8M in total assets. Net investment income was $47K.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

Plano Balloon Festival Inc is led by Terri Bass, Chairman on every filing since 2020; none of the 11 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Terri Bass

    Chairman

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Cathy Fang

    Director

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Dave Girardi

    Director

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Janelle Twyford-Silvis

    Director

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Raj Khanna

    Director

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Todd Roberts

    Director

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Katherine Anderson

    Director

    On filings since 2023

    5 hrs/week

    No compensation reported

  • Ron Silvis

    Director

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Amy Leone

    Secretary

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Dave Spaller

    Treasurer

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Kent Christensen

    Vice Chairman

    On filings since 2020

    5 hrs/week

    No compensation reported

Former officers (4)
  • Former: Michelle Maloney (2020–2023) — Director
  • Former: Joy Scott (2022) — Director
  • Former: Brad McCutcheon (2020–2021) — Director
  • Former: Joy Cochran (2020–2021) — Director

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Plano Balloon Festival Inc

How large is Plano Balloon Festival Inc?

Plano Balloon Festival Inc reported $1.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.4M.

What is Plano Balloon Festival Inc?

Plano Balloon Festival Inc is a public charity focused on Recreation & Sports, based in Plano, TX. It holds $1.8M in total assets as of 2025.

Where does Plano Balloon Festival Inc operate?

Plano Balloon Festival Inc has awarded grants in Texas.

What is Plano Balloon Festival Inc's EIN?

Plano Balloon Festival Inc's EIN (Employer Identification Number) is 75-2251759. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2023 (received by the IRS March 25, 2024)

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Plano Balloon Festival Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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