A Carousel For Missoula Foundation Inc
- Assets
- $2.0m
- Revenue
- $305.5k
- Investments
- $0.0
- Employees
- 34
- Location
- Missoula, MT
- Founding
- 08/1992
- Data as of
- 12/2023
- EIN
- 81-0475393
Organization Overview
A Carousel For Missoula Foundation Inc is located in Missoula, MT. The organization was established in 1992. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, A Carousel For Missoula Foundation Inc employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A Carousel For Missoula Foundation 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 12/2023, A Carousel For Missoula Foundation Inc generated $305.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $310.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF A WOODEN HORSE CAROUSEL AND PLAY AREA PROVIDING OVERSIGHT TO THE OPERATION OF A CAROUSEL FOR MISSOULA, DRAGON HOLLOW PLAY AREA, AND BUILDING CONSTRUCTED BY THE AGENCY WHICH WAS GIVEN TO THE CITY OF MISSOULA, MT.
Describe the Organization's Program Activity:
THE ORGANIZATION OPERATES A HAND-CARVED WOODEN HORSE CAROUSEL AND PLAY AREA FOR THE USE AND ENJOYMENT OF THE RESIDENTS AND VISITORS OF MISSOULA, MT. IN 2005, THE AGENCY DONATED THE OWNERSHIP OF THE PLAY AREA TO THE CITY OF MISSOULA TO ENSURE THE LONG-TERM PUBLIC PURPOSE OF THE AREA. THE CAROUSEL HAS PROVIDED AN AVERAGE OF NEARLY 200,000 RIDES ANNUALLY. IN ADDITION TO RIDES, THE CAROUSEL ALSO PROVIDES EVENT PARTIES, A GIFT SHOP, AND CONCESSION STAND. FREE RIDES ARE OFFERED TO THE DISADVANTAGED, HOSTING OF EVENTS FOR THE COMMUNITY, AND GIVING TOURS TO VISITORS AND CHILDRENS GROUPS. THE CAROUSEL ALSO IS RESPONSIBLE FOR THE CARETAKING AND OVERSIGHT OF THE DRAGON HOLLOW PLAY AREA WHICH WAS CREATED BY NEARLY 4,000 VOLUNTEERS. DRAGON HOLLOW PLAY AREA WAS ALSO DONATED TO THE CITY OF MISSOULA. DURING 2019 THE DRAGON HOLLOW PLAY AREA WAS SUBSTANTIALLY RENNOVATED EXPENDING OVER 340,000 WHICH WAS SUPPORTED BY COMMUNITY DONATIONS AND WAS ALSO DONATED TO THE CITY FOR ITS LONGTERM PRESERVATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Zins President | OfficerTrustee | 4 | $0 |
Jeri Fisher Vice Preside | OfficerTrustee | 4 | $0 |
Laurie Clouse Treasurer | OfficerTrustee | 4 | $0 |
Ashley Rogers-Thompson Board Member | Trustee | 2 | $0 |
Dirik Dubay Board Member | Trustee | 2 | $0 |
Doug Freeman Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $38,670 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,282 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,952 |
| Total Program Service Revenue | $191,746 |
| Investment income | $8,838 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $5,548 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $33,424 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $305,508 |
| 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. | $56,632 |
| Compensation of current officers, directors, key employees. | $28,316 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $142,084 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,472 |
| Payroll taxes | $18,575 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,773 |
| Advertising and promotion | $3,502 |
| Office expenses | $4,130 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,253 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,276 |
| Insurance | $21,357 |
| All other expenses | $9,617 |
| Total functional expenses | $310,621 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $478,526 |
| Savings and temporary cash investments | $1,429,359 |
| 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 | $49,676 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $27,489 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,985,050 |
| Accounts payable and accrued expenses | $6,953 |
| 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 | $0 |
| Total liabilities | $6,953 |
| Net assets without donor restrictions | $1,932,008 |
| Net assets with donor restrictions | $46,089 |
| 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 | $1,985,050 |