Carousel Of Happiness Inc
- Assets
- $988.3k
- Revenue
- $363.2k
- Investments
- $0.0
- Employees
- 19
- Location
- Nederland, CO
- Founding
- 03/2006
- Data as of
- 12/2021
- EIN
- 20-3584335
Organization Overview
Carousel Of Happiness Inc is located in Nederland, CO. The organization was established in 2006. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Carousel Of Happiness Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carousel Of Happiness 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 12/2021, Carousel Of Happiness Inc generated $363.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $250.6k during the year ending 12/2021. While expenses have increased by 2.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE HAPPINESS, WELL BEING, AND SERVICE TO OTHERS THROUGH STORIES AND EXPERIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPENED ON MAY 29, 2O10, THE CAROUSEL IS AN EXHIBIT OF RECENT FOLK ART SCULPTURE IN THE FORM OF HAND CARVED ANIMALS ON A HISTORIC 1910 WORKING CAROUSEL. THE WHIMSICAL ANIMALS INSPIRE A SENSE OF HAPPINESS AND WELL BEING FOR THOSE WHO EITHER RIDE OR WATCH. THE BUILDING HOUSING THE CAROUSEL IS A DEMONSTRATION OF GREEN ENERGY TECHONOLOGY AND ALSO SERVES AS A PLACE TO SHARE ART, POETRY, AND LITERATURE. ADMISSION TO THE BUILDING AND TO VIEW THE CAROUSEL IS FREE. RIDES ARE FREE FOR THOSE WHO CANNOT AFFORD THE $3 TICKET TO RIDE, OR WHO VISIT AS PART OF A SPECIAL NEEDS GROUP, OR ON HOLIDAYS HONORING VETERANS, MOTHERS, AND FATHERS.
THE STORY CATCHER SOUND BOOTH WAS DEVELOPED IN 2018. VISITORS ARE GIVEN AN OPPORTUNITY TO SHARE MEMORIES AND EXPERIENCES OF HISTORICAL CAROUSELS, AS WELL AS THEIR EXPERIENCE WITH OUR CAROUSEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Macgregor Vice President | Officer | 2 | $0 |
Carol Rowe President | Officer | 8 | $0 |
Tim Whited Treasurer | Officer | 4 | $0 |
Caleb Melamed Secretary | Officer | 4 | $0 |
David Packer Board Member | Trustee | 4 | $0 |
Kevin Jacobs Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $22,996 |
| All other contributions, gifts, grants, and similar amounts not included above | $127,044 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $150,040 |
| Total Program Service Revenue | $176,818 |
| Investment income | $70 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $510 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $35,726 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $363,164 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $104,419 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,672 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,719 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,982 |
| Office expenses | $1,330 |
| Information technology | $4,824 |
| Royalties | $0 |
| Occupancy | $13,967 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $108 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $48,942 |
| Insurance | $12,113 |
| All other expenses | $0 |
| Total functional expenses | $250,631 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $279,708 |
| Savings and temporary cash investments | $54,396 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $40,231 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $613,869 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $144 |
| Total assets | $988,348 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,059 |
| Total liabilities | $5,059 |
| Net assets without donor restrictions | $983,289 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $988,348 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Carousel Of Happiness Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Grs Foundation Wichita, KS PURPOSE: OPERATING FUND FOR OTHER PUBLIC CHARITY | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Corn Heritage Village Of Corn Inc Corn, OK | $5,772,212 | $6,524,606 |
The Durham Museum Omaha, NE | $15,389,425 | $5,410,421 |
Logan County Historical Society Inc Guthrie, OK | $4,494,727 | $3,890,411 |
Historicorps Morrison, CO | $763,649 | $2,724,151 |
Fox Tucson Theatre Foundation Tucson, AZ | $11,879,318 | $4,013,342 |
Breckenridge Heritage Alliance Breckenridge, CO | $410,741 | $1,870,667 |
Docs Friends Inc Wichita, KS | $10,795,174 | $1,472,500 |
Prescott Frontier Days Inc Prescott, AZ | $1,824,378 | $1,478,402 |
American West Heritage Foundation Wellsville, UT | $3,082,934 | $1,494,150 |
Glen Canyon Conservancy Page, AZ | $3,490,803 | $1,543,846 |
Canyonlands Field Institute Inc Moab, UT | $5,225,217 | $972,612 |
Heart Mountain Wyoming Foundation Powell, WY | $9,452,012 | $2,858,388 |