Coeur Dalene Carousel Foundation

Analysis

Coeur Dalene Carousel Foundation is a registered charity in United States, based in Coeur D Alene, ID. It received its IRS tax-exemption ruling in September 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Coeur Dalene Carousel Foundation reported income of $65k and spending of $75k, spending 114% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $83k to $65k (-22%), an average of -4.8% a year. The sharpest change came in the year to December 2021, when income rose by 104%. Over the whole period it spent 116% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Coeur Dalene Carousel Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 22nd percentile within ID. Charities of a similar size with the same main cause include Tryon Downtown Development ($65k), Geneva Light Opera ($65k) and Valley Light Opera Inc ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 67% of the total. Other salaries and wages came to $20k. At year end it held assets of $651k against liabilities of $178, net assets of $651k. It reported 7 employees.