Carousel Of Smiles Ltd

RESTORATION WORK PROGRESSED WELL DURING THE YEAR, AND WE ARE BACK ON TRACK/SCHEDULE FOR SUBSTANTIAL COMPLETION OF THE RESTORATION BY MID FALL OF 2024. COVID CONTINUED TO HAVE EFFECTS ON OUR OVERALL MOMENTUM AND FUNDRAISING PROGRAM. THE STUDIO WAS REOPENED FOR PUBLIC VISITS, INCLUDING FOR SANDPOINTS ARTIST STUDIO TOUR; WE HELD A PUBLIC INVITED YEAR END EVENT. FUNDRAISING MOMENTUM HAS YET TO REGAIN PRE COVID LEVELS. WE PROCEEDED WITH AND EXPENDED FUNDS FOR OUR BUILDING DESIGN AND PLANS FOR A 12,000 CAROUSEL PAVILION AND ARTS CENTER TO BE LOCATED ON SANDPOINT CITY PROPERTY, BUT THE CITY HAS DELAYED ENTERTAINING OUR PROPOSAL UNTIL MID 2023 AS IT CONDUCTS YET ANOTHER MASTER PLANNING PROCESS. REVENUE, ADMINISTRATIVE AND RESTORATION EXPENSES WERE ON PAR WITH 2021. EXPENDITURES FOR THE BUILDING DESIGN (PROFESSIONAL) FEES AND PURCHASES FOR OUR ADDITIONAL SPARE PONY PROGRAM WERE ADDED IN 2022. CASH BALANCE WAS REDUCED IN 2022 BY 43,804.98. LOCATION EFFORTS DEVELOPED THE PRELIMINARY PLAN CONCEPT FOR THE 12,000 CAROUSEL PAVILION AND ARTS CENTER. AWAITING PROGRESS FROM THE CITY REGARDING DEED TRANSFER FROM THE STATE OF ID TO CITY FOR THE DESIRED PARCEL; AWAITING RESULTS FROM THE CITY INITIATIVE ENVISIONING PLACE DESIGN CHALLENGE COMPETITION. A PLAN ANNOUNCED IN OCT 2022, WITH EXPECTED RESULTS IN JULY 2023. RESTORATION WORK RESTORATION OF THE CAROUSEL AND ITS COMPONENTS CONTINUED, UTILIZING A TALENTED AND ENTHUSIASTIC ALL VOLUNTEER WORKFORCE. 1,000S OF WORK HOURS WAS CONTRIBUTED BY CORE GROUP. BY THE END OF 2022,18 PONIES WERE FULLY RESTORED AND PAINTED, WITH 6 MORE IN PROCESS. THE DONATED ANTIQUE SINGLE BENCH CHARIOT PANEL WAS RESTORED & PAINTED FOR THE ADA CHARIOT. RESTORATION OF THE 4 WINDS ROUNDING BOARD SHIELDS WERE COMPLETED; WORK CONTINUED ON THE SWEEPS, INTERIOR ART PANELS AND OTHER COMPONENTS OF THE MECHANISM & FRAME. OTHER ACTIVITIES/PURCHASES 7 ADDITIONAL SPARE ALLAN HERSCHELL PONIES WERE PURCHASED, ALL ARE OF THE ERA OF OUR CAROUSEL. 10 ADDITIONAL METAL MANGELS CHILDRENS PONIES WERE PURCHASED FOR THE PONY- ON-PARADE PROGRAM. ALL ARE IN STORAGE IN NY STATE, AND WILL BE TRANSPORTED TO ID DURING 2023.