Three Rivers Carousel Foundation

Analysis

Three Rivers Carousel Foundation is a registered charity in United States, based in Kennewick, WA. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Three Rivers Carousel Foundation reported income of $274k and spending of $348k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $232k to $274k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 122% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Three Rivers Carousel Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within WA. Charities of a similar size with the same main cause include St Lou Fringe ($274k), American Society of Church History ($274k) and Lower Bottom Playaz Inc ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $75k (22% of expenses). Other salaries and wages came to $55k. At year end it held assets of $3.3m against liabilities of $11k, net assets of $3.3m. It reported 13 employees.