Arts, Culture & Humanities
(A82Z)
IRS Verified
DX Registered
990 on File
CAROUSEL SOCIETY OF THE NIAGARA FRONTIER
Financial strength (30%)
92/100
Reliability (20%)
55/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
?The Herschell Carrousel Factory Museum, operated by the Carousel Society of the Niagara Frontier, is a premier national historic site and community resource for family recreation and learning that fosters an appreciation for the unique heritage of the carrousel and related industries in the Niagara Region.
Financial Overview — FY 2023
$310K
Total Revenue
$369K
Total Expenses
$1.4M
Net Assets
8
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
90.8%
Fundraising Efficiency
0.0%
Operating Reserve
43.98x
Liability-to-Asset
19.9%
Revenue Diversification
40.6%
Executive Compensation
$60K
Compared with Peers
FY 2023
Compared with 16,962 similar organizations
(United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
90.8% | 81.8% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
9.2% | 14.0% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 28.6% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
44.0 mo | 10.4 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
19.9% | 1.9% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
40.6% | 79.8% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
26.8% | 9.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
10.7% | 13.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-18.8% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $310K | $369K | $1.4M | 90.8% | 8 |
| 2022 | $245K | $333K | $1.4M | 90.4% | 11 |
| 2021 | $360K | $284K | N/A | — | 7 |
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