Overview
What is Our Fair Carousel Inc?
Our Fair Carousel Inc is a nonprofit organization based in Saint Paul, Minnesota, devoted to preserving and maintaining a historic carousel for the enjoyment of the local community. Their primary mission is to promote an appreciation for the historical and artistic significance of this carousel and similar attractions. They achieve this through the operation of the carousel itself, with the aim of benefiting and pleasing the people of Minnesota. The organization's activities center around preserving and maintaining this historic carousel, thereby fostering an understanding of its historical and artistic value.
Official website here: www.ourfaircarousel.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
Our Fair Carousel Inc has received a Three-Star rating from Charity Navigator, based on its Accountability & Finance score. The organization demonstrates strong financial management with a high program expense ratio of 92.71%, indicating that a significant portion of its funds is directed towards its programs. Additionally, it boasts a fully independent board with 14 members, which enhances its governance structure.
However, the charity has notable weaknesses in its accountability practices, as it lacks key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These omissions can impact transparency and stakeholder confidence. Furthermore, the organization does not have its tax form posted on its website, which is another area for improvement in terms of financial transparency.
Overall, while Our Fair Carousel Inc excels in its financial efficiency and governance, addressing the missing policies could strengthen its accountability and overall rating in the eyes of stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Our Fair Carousel Inc legitimate?
Our Fair Carousel Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Our Fair Carousel 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:
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Official website here: www.ourfaircarousel.org
What is the mission statement of Our Fair Carousel Inc?
Our Fair Carousel Inc's mission is centered around preserving, maintaining, and operating a historic carousel. The primary objective is to provide enjoyment and pleasure for the community while fostering an appreciation for the historical and artistic significance of such carousels. The organization operates a carousel in Saint Paul, Minnesota, and its activities are geared towards promoting understanding and valuation of such historical attractions.
Official website here: www.ourfaircarousel.org
Who is the CEO of Our Fair Carousel Inc?
Tracy Tolzmann is the President of Our Fair Carousel Inc.
Official website here: www.ourfaircarousel.org
What is the revenue of Our Fair Carousel Inc?
Our Fair Carousel Inc's revenue in 2023 was $159,977.
Official website here: www.ourfaircarousel.org
Who are the executives of Our Fair Carousel Inc and what are their salaries?
There are 6 employees and 70 volunteers at Our Fair Carousel Inc.
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Official website here: www.ourfaircarousel.org
Where can I find the form 990 for Our Fair Carousel Inc?
Our Fair Carousel Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ourfaircarousel.org
Learn more at the official website: www.ourfaircarousel.org
Mission Statement of Our Fair Carousel Inc
Our Fair Carousel Inc is dedicated to preserving, maintaining, and operating a historic carousel for the enjoyment and education of the public. The primary objective of this nonprofit organization is to promote an appreciation for the historic and artistic value of carousels, not just theirs, but others as well. By meticulously preserving and maintaining this vintage attraction, Our Fair Carousel Inc aims to provide a unique experience that allows people to connect with the past and understand its significance in the present. The organization operates the carousel, offering a fun and engaging activity for individuals of all ages.
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Impact
October, 2024
Our Fair Carousel Inc significantly enriches the cultural and recreational landscape of Saint Paul, MN, through the preservation and operation of a historic carousel. By maintaining this iconic attraction, the organization provides a unique source of enjoyment for families and individuals, promoting community engagement and intergenerational connections. The carousel serves as a tangible link to history, fostering an appreciation for its artistic significance and the craftsmanship involved in its creation.
Through its operational programs, Our Fair Carousel not only offers a delightful recreational experience but also educates the public about the heritage and artistry of carousels, encouraging a broader understanding of their historical context. This commitment to preservation helps to ensure that future generations can enjoy and learn from this cherished piece of Minnesota’s cultural landscape. In this way, Our Fair Carousel Inc plays a vital role in enhancing community pride and preserving local history, while providing a joyful experience for all who visit.
This information is meant to be a general summary of Our Fair Carousel 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 2023.
- Investment Income: $1,356
- Program Service Revenue: $152,345
- Gross Receipts: $177,167
Assets and Liabilities:
- Total Assets: $1,649,200
- Total Liabilities: $32,286
- Net Assets: $1,616,914
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RIDE REVENUE
Revenue
$152,345
Organization Details
Founding Year
1988
Phone
(651) 489-4628Principal Officer
Tracy Tolzmann
Main Address
1245 MIDWAY PARKWAY, ST PAUL, MN, 55103
Website
www.ourfaircarousel.orgNTEE Category
Code: N52 - Recreation
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