Carousel Of Happiness Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 157,162 | 193,159 | −35,997 | 61.8 | 38% |
| 2012 | 159,140 | 155,356 | 3,784 | 77.2 | 42% |
| 2013 | 146,834 | 161,261 | −14,427 | 73.3 | 42% |
| 2014 | 148,938 | 180,522 | −31,584 | 63.3 | 46% |
| 2015 | 182,452 | 207,404 | −24,952 | 53.7 | 44% |
| 2016 | 185,899 | 219,383 | −33,484 | 48.9 | 47% |
| 2017 | 182,912 | 216,992 | −34,080 | 47.6 | 49% |
| 2018 | 215,165 | 192,150 | 23,015 | 55.2 | 46% |
| 2019 | 258,288 | 230,863 | 27,425 | 47.3 | 46% |
| 2020 | 202,056 | 243,240 | −41,184 | 42.9 | 46% |
| 2021 | 363,164 | 250,631 | 112,533 | 47.1 | 42% |
| 2022 | 353,132 | 292,029 | 61,103 | 42.9 | 47% |
| 2023 | 364,738 | 276,248 | 88,490 | 49.2 | 55% |
In its most recent public year (2023), this organization brought in $88,490 more than it spent. Its reserves stood at about 49.2 months of spending, down from 61.8 in 2011. Staff pay was 55% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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