Adirondack Carousel Inc
- Assets
- $115.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Saranac Lake, NY
- Founding
- 07/2001
- Data as of
- 10/2024
- EIN
- 14-1829187
Organization Overview
Adirondack Carousel Inc is located in Saranac Lake, NY. The organization was established in 2001. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 10/2024, Adirondack Carousel Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adirondack Carousel Inc 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 10/2024, Adirondack Carousel Inc generated $113.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $61.0k during the year ending 10/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO BUILD AND MAINTAIN A FULL-SIZE HANDCRAFTED CAROUSEL HOUSED IN A YEAR ROUND PAVILION WITH SPACE FOR PROGRAMS AND SPECIAL EVENTS. IN JUNE 2011, GROUND WAS BROKEN FOR THE BUILDING AND CAROUSEL OPERATIONS BEGAN MAY 26, 2012. TO DATE, THERE HAVE BEEN OVER 117,849 RIDERS. OTHER EVENTS THAT HAVE TAKEN PLACE AS PART OF THE ORGANIZATION'S MISSION ARE WILDLIFE PROGRAMS, CARVING CLASSES, AND HEALTH AND WELLNESS PRESENTATIONS.
Describe the Organization's Program Activity:
Part 3
19,524. PAYROLL & PAYROLL TAXES 39,967. DEPRECIATION OF CAROUSEL 26,741. MAINTENANCE OF BUILDING AND CAROUSEL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Rowley President | 20 | $0 | |
Michele Pecora Vice President | 2 | $0 | |
Alan Brown Treasurer | 1 | $0 | |
Karen Russell Secretary | 20 | $0 | |
Diane Loeber Board Member | 12 | $0 | |
Hildegard Hammond Board Member | 12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,742 |
| Total Program Service Revenue | $60,139 |
| Membership dues | $5,135 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,880 |
| Other Revenue | $0 |
| Total Revenue | $112,951 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,819 |
| Professional fees and other payments to independent contractors | $2,974 |
| Occupancy, rent, utilities, and maintenance | $7,311 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,900 |
| Total expenses | $61,004 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,669 |
| Other assets | $0 |
| Total assets | $114,998 |
| Total liabilities | $0 |
| Net assets or fund balances | $114,998 |