Overview
What is The Cleveland Carousel?
The Cleveland Carousel, also known as the Cleveland Euclid Beach Park Carousel, is a historic attraction that has been revitalized by the Cleveland Euclid Beach Park Carousel Society. Located in University Circle, Cleveland, Ohio, the society funded and constructed a carousel pavilion at the Western Reserve Historical Society. They also restored the carousel mechanism and accessories to as closely resemble the original Euclid Beach Park Carousel as possible. The carousel's primary purpose is to serve as a functional and self-sustaining regional historical and cultural landmark, offering enjoyment and community development through its placement at the Western Reserve Historical Society's Cleveland History Center. With over 2.5 million visitors annually, this historic carousel has become a popular attraction for people from around the world.
Official website here: www.clevelandcarousel.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating
The Cleveland Carousel has earned a Three-Star rating from Charity Navigator, reflecting a 76% score based entirely on its Accountability & Finance beacon. The charity demonstrates several strengths, including a fully independent board and a strong program expense ratio of 99.91%, indicating that almost all of its funds are directed towards its mission. Additionally, the organization maintains a healthy liabilities to assets ratio of 0.00%, showcasing a stable financial position.
However, there are notable limitations in the charity's governance practices. The organization lacks essential policies, including a conflict of interest policy, a whistleblower policy, and a document retention policy, which are important for ensuring transparency and accountability. Furthermore, the nonprofit's tax form is not available on its website, which diminishes its accessibility and transparency for potential donors and stakeholders.
Overall, while The Cleveland Carousel shows strong financial health and effective program funding, the absence of key governance policies suggests areas for improvement. Strengthening these practices could enhance trust and accountability with its supporters and the general public.
This AI summary has been generated from information found on Charity Navigator.
Is The Cleveland Carousel legitimate?
The Cleveland Carousel is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Cleveland Carousel 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
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Official website here: www.clevelandcarousel.com
What is the mission statement of The Cleveland Carousel?
The Cleveland Carousel's mission is centered around restoring the 1910 Grand Euclid Beach Carousel, transforming it into a self-sustaining historical and cultural attraction. This renovated carousel serves as a regional landmark, providing enjoyment and fostering community development through various programs. Its strategic placement within the Cleveland History Center at the Western Reserve Historical Society in University Circle attracts over 2.5 million visitors annually, offering a unique experience that brings people from around the world.
Official website here: www.clevelandcarousel.com
What is the revenue of The Cleveland Carousel?
The Cleveland Carousel's revenue in 2022 was $34,221.
Official website here: www.clevelandcarousel.com
Who are the executives of The Cleveland Carousel and what are their salaries?
Here are 4 key members and their salaries:
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Official website here: www.clevelandcarousel.com
Where can I find the form 990 for The Cleveland Carousel?
The Cleveland Carousel's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.clevelandcarousel.com
Learn more at the official website: www.clevelandcarousel.com
Mission Statement of The Cleveland Carousel
The Cleveland Carousel, a nonprofit organization, is committed to restoring the 1910 Grand Euclid Beach Carousel to its former glory. Their mission is to transform this historical artifact into a functional and self-sustaining regional landmark, offering enjoyment and promoting community development through its placement in the Western Reserve Historical Society's Cleveland History Center in University Circle. This location attracts over 2.5 million visitors from around the world annually, providing the Carousel with a significant platform to connect with a diverse audience. By restoring the Carousel, the Cleveland Carousel Society aims to preserve a piece of the city's heritage while also contributing to the community's cultural and recreational offerings.
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Impact
August, 2024
The Cleveland Carousel's impact lies in its role as a cultural and historical landmark that attracts over 2.5 million visitors annually to the Western Reserve Historical Society's Cleveland History Center in University Circle. By restoring the 1910 Grand Euclid Beach Carousel and funding the construction of the Carousel Pavilion, The Cleveland Carousel Society has preserved a piece of local history and provided a source of enjoyment and community development. Through its efforts, the carousel serves as a symbol of heritage and a hub for arts and cultural appreciation in the region.
This information is meant to be a general summary of The Cleveland Carousel. 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.
- Gross Receipts: $34,221
Assets and Liabilities:
- Total Assets: $47,782
- Total Liabilities: $0
- Net Assets: $47,782
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Organization Details
Founding Year
2009
Principal Officer
Raymond R Rackley
Website
www.clevelandcarousel.comNTEE Category
Code: A80 - Arts
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