Overview
What is Friends Of The Holyoke Merry-Go-Round Inc?
Friends of the Holyoke Merry-Go-Round Inc. is a dedicated nonprofit organization based in Holyoke, Massachusetts, specifically at 221 Appleton Street. Their primary mission is to preserve and maintain the historic hand-crafted carousel, known as the Holyoke Merry-Go-Round, which is housed in a specially constructed building within Holyoke Heritage State Park. This mission is twofold: firstly, to keep this unique and cherished piece of early craftsmanship alive for future generations to enjoy, and secondly, to serve as an enticing tourist attraction that contributes to the economic revitalization of downtown Holyoke. During the pandemic, the merry-go-round was temporarily closed, but it reopened to the public on July 17, 2021. The organization is staffed by a team of 6 dedicated individuals.
Official website here: www.holyokemerrygoround.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating
Friends Of The Holyoke Merry-Go-Round Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. With a perfect score in several key areas, including board independence and program expense ratio, the organization demonstrates effective management of its resources, with 81.84% of its expenses going directly to program services.
One of the notable strengths of this nonprofit is its fully independent board, consisting of 15 members, which can enhance decision-making and governance. Additionally, the charity shows no material diversion of assets, indicating sound financial practices. Though it has policies for conflict of interest and document retention, it lacks a whistleblower policy, which could be an area for improvement in fostering transparency and accountability.
Overall, the organization appears to be well-managed with a focus on its mission, as evidenced by its financial metrics. However, addressing the absence of a whistleblower policy could strengthen its governance framework and further enhance its reputation for accountability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Friends Of The Holyoke Merry-Go-Round Inc?
78% of 679 reviewers on Facebook recommend Friends Of The Holyoke Merry-Go-Round Inc. Here is a summary of their reviews:
Many visitors highlight the organization's charm and appeal, calling it a "great place to visit." Enthusiastic comments suggest that guests appreciate the nostalgic atmosphere and the enjoyment it brings to families, particularly with children.
Overall, the nonprofit seems to create a positive experience, capturing the hearts of many who support its mission. While the recommendation percentage is not overwhelmingly high, those who enjoyed their visit are vocal about their satisfaction with the services provided.
This AI summary has been generated from reviews found on Facebook.
Is Friends Of The Holyoke Merry-Go-Round Inc legitimate?
Friends Of The Holyoke Merry-Go-Round Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Holyoke Merry-Go-Round Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,537
For more financial information, click here
Official website here: www.holyokemerrygoround.org
What is the mission statement of Friends Of The Holyoke Merry-Go-Round Inc?
The mission of Friends Of The Holyoke Merry-Go-Round Inc is primarily focused on preserving and maintaining a historic hand-crafted carousel. They aim to operate this merry-go-round in a specially constructed building, ensuring its continuity for future generations to enjoy. The organization also seeks to contribute to the economic revitalization of the local area, specifically downtown Holyoke. In addition, they are dedicated to preserving an object of rare beauty and early craftsmanship, making it a tourist attraction. Lastly, the merry-go-round serves as a symbol of high-spirited rejuvenation, reflecting the pride of the city.
Official website here: www.holyokemerrygoround.org
Who is the CEO of Friends Of The Holyoke Merry-Go-Round Inc?
Joseph Mcgiverin is the Vice President (Beg 3/28) of Friends Of The Holyoke Merry-Go-Round Inc.
Official website here: www.holyokemerrygoround.org
What is the revenue of Friends Of The Holyoke Merry-Go-Round Inc?
Friends Of The Holyoke Merry-Go-Round Inc's revenue in 2022 was $77,612.
Official website here: www.holyokemerrygoround.org
Who are the executives of Friends Of The Holyoke Merry-Go-Round Inc and what are their salaries?
The average compensation at Friends Of The Holyoke Merry-Go-Round Inc during 2022 was $6,090. There are 6 employees and 20 volunteers at Friends Of The Holyoke Merry-Go-Round Inc.
Here are 20 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.holyokemerrygoround.org
Where can I find the form 990 for Friends Of The Holyoke Merry-Go-Round Inc?
Friends Of The Holyoke Merry-Go-Round Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.holyokemerrygoround.org
Learn more at the official website: www.holyokemerrygoround.org
Mission Statement of Friends Of The Holyoke Merry-Go-Round Inc
Friends of the Holyoke Merry-Go-Round Inc is committed to preserving and maintaining a historically significant hand-crafted carousel and calliope. Their mission is threefold: firstly, to operate the former Mountain Park Merry-Go-Round in a specially constructed building for the enjoyment of all in the region. Secondly, they aim to contribute to the economic revitalization of downtown Holyoke. Thirdly, they strive to preserve an object of rare beauty and early craftsmanship, serving as a tourist attraction, and symbolizing the rejuvenation of Holyoke, a city known for its high spirit. In essence, Friends of the Holyoke Merry-Go-Round Inc is dedicated to preserving this timeless attraction, promoting local growth, and celebrating the spirit of the community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Friends Of The Holyoke Merry-Go-Round Inc's impact is centered around preserving and maintaining a historic hand-crafted carousel and calliope. By operating the former Mountain Park Merry-Go-Round and ensuring its upkeep in a specially constructed building in Holyoke Heritage State Park, this organization contributes to the economic revitalization of downtown Holyoke. Additionally, they help preserve an object of rare beauty and superb early craftsmanship while serving as a tourist attraction and symbolizing the high-spirited rejuvenation of the proud city of Holyoke. Through these efforts, they provide enjoyment for all in the region and play a key role in promoting the cultural heritage and economic growth of the community.
This information is meant to be a general summary of Friends Of The Holyoke Merry-Go-Round Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $24,692
- Program Service Revenue: $44,141
- Gross Receipts: $79,975
Assets and Liabilities:
- Total Assets: $874,576
- Total Liabilities: $19,988
- Net Assets: $854,588
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FUNCTION REVENUE
Revenue
$26,170
CAROUSEL TICKETS
Revenue
$17,971
Organization Details
Founding Year
1988
Phone
(413) 538-9838Principal Officer
Joseph Mcgiverin
Main Address
221 APPLETON STREET, HOLYOKE, MA, 01040
Website
www.holyokemerrygoround.orgNTEE Category
Code: A11 - Arts
If you are a representative of Friends Of The Holyoke Merry-Go-Round Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.