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Friends Of Jane's Carousel Inc C/O Two Trees Management

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 272884199 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Jane's Carousel Inc C/O Two Trees Management?

Friends of Jane's Carousel Inc C/O Two Trees Management is a nonprofit organization based in Brooklyn, New York, specifically at 45 Main Street 12th Floor. Their primary mission is to preserve and maintain the historic Jane's Carousel, a beautifully restored antique carousel manufactured by the Philadelphia Tobogggan Company in 1922. This classic three-row carousel features 48 intricately carved horses and two chariots, with original wood carvings attributed to John Zalar and Frank Carretta. The carousel, now located in Brooklyn Bridge Park, is a national treasure, delighting children and visitors from around the world for generations to come. It is housed in a stunning pavilion designed by renowned architect Jean Nouvel. The organization, with a staff of 30, aims to continue operating and maintaining this cherished vintage attraction for future generations to enjoy.


Official website here: www.janescarousel.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82% (Three-Star out of Four Stars)

Friends Of Jane's Carousel Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in its accountability and financial practices. The organization scored 82% overall, with its rating heavily influenced by its strong accountability and finance score. Notably, it has an independent board with full compliance on the majority of standards, demonstrating commitment to governance.

The organization excels in financial transparency, as evidenced by a fully audited financial statement and a favorable liabilities-to-assets ratio of 9.65%. Additionally, it maintains a high program expense ratio of 68.73%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs.

However, the nonprofit has several areas for improvement, particularly in governance policies. It lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are critical for ensuring accountability. Furthermore, important documents like the tax form are not posted on its website as required, highlighting a need for greater transparency in its operations.


This AI summary has been generated from information found on Charity Navigator.

Is Friends Of Jane's Carousel Inc C/O Two Trees Management legitimate?

Friends Of Jane's Carousel Inc C/O Two Trees Management is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Jane's Carousel Inc C/O Two Trees Management 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: $460,673

For more financial information, click here


Official website here: www.janescarousel.com

What is the mission statement of Friends Of Jane's Carousel Inc C/O Two Trees Management?

The mission of Friends Of Jane's Carousel Inc, an organization focused on maintaining a vintage carousel, is to ensure its operation and preservation for the enjoyment of future generations. Their stated purpose involves administering funds for the upkeep of the carousel, which dates back to 1922 and is a restored antique from Philadelphia Tobogggan Company. The carousel, featuring intricate carvings and scenic panels, is a national historic landmark and now resides in a stunning pavilion, offering delight to children and visitors alike. The organization's aim is to keep the carousel in good condition, allowing it to bring joy to generations to come.


Official website here: www.janescarousel.com

Who is the CEO of Friends Of Jane's Carousel Inc C/O Two Trees Management?

Rick Shill is the President of Friends Of Jane's Carousel Inc C/O Two Trees Management.


Official website here: www.janescarousel.com

What is the revenue of Friends Of Jane's Carousel Inc C/O Two Trees Management?

Friends Of Jane's Carousel Inc C/O Two Trees Management's revenue in 2022 was $1,021,562.


Official website here: www.janescarousel.com

Who are the executives of Friends Of Jane's Carousel Inc C/O Two Trees Management and what are their salaries?

The average compensation at Friends Of Jane's Carousel Inc C/O Two Trees Management during 2022 was $15,356. There are 30 employees at Friends Of Jane's Carousel Inc C/O Two Trees Management.


Here are 4 key members and their salaries:


Mike Lampariello (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Shill (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Santos (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine R Roth (Director)
  • Compensation: $175,000
  • Related: $0
  • Other: $0


Official website here: www.janescarousel.com

Where can I find the form 990 for Friends Of Jane's Carousel Inc C/O Two Trees Management?

Friends Of Jane's Carousel Inc C/O Two Trees Management's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.janescarousel.com

Learn more at the official website: www.janescarousel.com

Mission Statement of Friends Of Jane's Carousel Inc C/O Two Trees Management

Friends of Jane's Carousel Inc., a dedicated organization, is committed to preserving and maintaining a vintage carousel for future generations to enjoy. Their stated purpose is to manage and administer funds for operating and maintaining a historic carousel, crafted by the Philadelphia Toboggan Company in 1922. This carousel, PTC #61, boasts 48 meticulously carved horses and two exquisite chariots, with wood carvings attributed to John Zalar and Frank Carretta. The carousel, a national historical landmark, is now open in Brooklyn Bridge Park, offering a magical experience for children and visitors worldwide. The carousel is housed in a spectacular pavilion designed by Pritzker Prize-winning French architect Jean Nouvel, ensuring its longevity and enjoyment for generations to come.

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Impact




October, 2024

Friends Of Jane's Carousel Inc C/O Two Trees Management plays a significant role in preserving and promoting a cherished piece of history through the operation and maintenance of Jane's Carousel. This beautifully restored vintage carousel, originally crafted in 1922 by the Philadelphia Toboggan Company, features 48 exquisitely carved horses and two superb chariots. Its meticulous restoration has ensured that it maintains its historical integrity while providing a source of joy for visitors.

Located in the scenic Brooklyn Bridge Park, the carousel offers a unique recreational experience against the backdrop of the East River and the iconic Brooklyn and Manhattan Bridges. Designed by renowned architect Jean Nouvel, the pavilion housing the carousel enhances the overall aesthetic of the area, making it a landmark attraction that draws both local residents and tourists from around the world.

By operating Jane's Carousel, this organization not only preserves a vital piece of cultural heritage but also fosters community engagement and enjoyment. It serves as a delightful gathering place for families and visitors, enabling them to create lasting memories and experience a slice of history. The carousel's presence enriches the cultural landscape of Brooklyn, highlighting the importance of recreational spaces in urban settings.




This information is meant to be a general summary of Friends Of Jane's Carousel Inc C/O Two Trees Management. 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.

Revenue
$1,021,562 (2022)
201120122013201420152016201720182019202020212022$0$300k$600k$900k$1.2M
Expenses
$780,441 (2022)
201120122013201420152016201720182019202020212022$0$200k$400k$600k$800k
Efficiency
2011201220132014201520162017201820192020202120220%45%90%135%219%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $730,309
  • Gross Receipts: $1,027,036

Assets and Liabilities:

  • Total Assets: $503,232
  • Total Liabilities: $48,586
  • Net Assets: $454,646

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RIDE ADMISSIONS

Revenue

$501,972

EVENTS

Revenue

$116,450

PHOTO SHOOTS

Revenue

$111,887

Organization Details

Founding Year

2010

Principal Officer

Rick Shill

Main Address

45 MAIN STREET 12TH FLOOR, BROOKLYN, NY, 11201

NTEE Category

Code: N32 - Recreation

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