Abstract: A balloon holder apparatus having a hollow body and weighted base. A slot in the body extends from a bottom edge to an opening in the center or top of the body. A slot in the base extends from an outer edge of the base to a central opening in the base. When the base and body are joined together, the slot in the body connects to and is generally aligned with the slot in the base. A knotted balloon tether is slipped through the aligned slots until the tether enters the opening in the body and the knot in the tether is adjacent the central opening in the base. The tether is then released and the knot is drawn into the hollow interior of the body and retained therein thereby holding the tethered balloon to the apparatus. A plurality of tethered balloons may be held by the apparatus in a like manner.