Berkshire Carousel Inc

Analysis

Berkshire Carousel Inc is a registered charity in United States, based in Pittsfield, MA. It received its IRS tax-exemption ruling in August 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, Berkshire Carousel Inc reported income of $61k and spending of $35k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $85k to $61k (-27%), an average of -7.7% a year. The sharpest change came in the year to December 2021, when income rose by 1836%. 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, Berkshire Carousel Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 33rd percentile within MA. Charities of a similar size with the same main cause include Florida Publishers Association Inc ($61k), Exito98 3fm ($61k) and Heritage Association of San Marcos Inc ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $648k against liabilities of $902k, net assets of -$254k.