Civic Intelligence

The Cleveland Carousel

990EZ • Fiscal year 2012 • EIN 26-4517731

Jan 01, 2012 to Dec 31, 2012 • Filed on Oct 24, 2013

Organization ProfileWWW.CLEVELANDCAROUSEL.COM
3199 Falmouth Road44122
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

21.00x

Higher debt load relative to assets than 99% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

99th percentile

7.45x

Higher debt load relative to revenue than 99% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Net Margin

1st percentile

-720%

Higher net margin than 1% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

96th percentile

251%

Faster asset growth than 96% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

65th percentile

12%

Faster revenue growth than 65% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$55,699

Up $39,837 (+251%) from 2011

Net Assets

Down

-$1,113,702

Down $1,115,509 (-61733%) from 2011

Liabilities

Up

$1,169,401

Up $1,155,346 (+8220%) from 2011

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin1st percentile

Revenue

Up

$156,934

Up $16,485 (+12%) from 2011

Expenses

Up

$1,286,498

Up $1,175,966 (+1064%) from 2011

Net Income

Down

-$1,129,564

Down $1,159,481 (-3876%) from 2011

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.0M$0-$1.0M-$2.0MAssets 2011: $15,862Liabilities 2011: $14,055Net Assets 2011: $1,8072011Assets 2012: $55,699Liabilities 2012: $1,169,401Net Assets 2012: -$1,113,7022012Assets 2013: $109,973Liabilities 2013: $1,353,872Net Assets 2013: -$1,243,8992013Assets 2016: $51,965Liabilities 2016: $350,000Net Assets 2016: -$298,0352016Assets 2017: $454,872Liabilities 2017: $235,000Net Assets 2017: $219,8722017Assets 2018: $282,704Liabilities 2018: $85,000Net Assets 2018: $197,7042018Assets 2019: $178,985Liabilities 2019: $0Net Assets 2019: $178,9852019Assets 2020: $76,308Liabilities 2020: $0Net Assets 2020: $76,3082020Assets 2021: $16,643Liabilities 2021: $0Net Assets 2021: $16,6432021Assets 2022: $47,782Liabilities 2022: $0Net Assets 2022: $47,7822022

Highlighted filing

2012

Assets$55,699
Liabilities$1,169,401
Net Assets-$1,113,702
Open 2012 Filing

Operations Trend

Revenue Growth65th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2011: $140,449Expenses 2011: $110,532Net Income 2011: $29,9172011Revenue 2012: $156,934Expenses 2012: $1,286,498Net Income 2012: -$1,129,5642012Revenue 2013: $315,660Expenses 2013: $445,857Net Income 2013: -$130,1972013Revenue 2016: $328,454Expenses 2016: $34,821Net Income 2016: $293,6332016Revenue 2017: $179,718Expenses 2017: $161,811Net Income 2017: $17,9072017Revenue 2018: $87,107Expenses 2018: $109,275Net Income 2018: -$22,1682018Revenue 2019: $100,931Expenses 2019: $119,650Net Income 2019: -$18,7192019Revenue 2020: $17,036Expenses 2020: $119,713Net Income 2020: -$102,6772020Revenue 2021: $100Expenses 2021: $59,765Net Income 2021: -$59,6652021Revenue 2022: $34,221Expenses 2022: $3,082Net Income 2022: $31,1392022

Highlighted filing

2012

Revenue$156,934
Expenses$1,286,498
Net Income-$1,129,564
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Oct 24, 2013
Return Version
2012v2.1
Mission and Program Overview

Mission

The carousel society serves to restore the 1910 grand euclid beach carousel to be a functional, self-sustaining regional historic and cultural landmark for enjoyment and programmatic community development through its placement in the western reserve historical society's cleveland history center in university circle, where over 2.5 million people from around the world come to visit each year.

Filing and Contact Details

Filer

EIN
26-4517731
Raw XML Appendix157 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
CompensationExplanation/Compensation/PersonName0RAYMOND R RACKLEY
CompensationExplanation/Compensation/PersonName1TERRY KOVEL
CompensationExplanation/Compensation/PersonName2JOHN FRATO
CompensationExplanation/Compensation/PersonName3CECILIA WONG
CompensationExplanation/Compensation/PersonName4DUDLEY S HUMPHREY JR
IRS990EZ/ActivitiesNotPreviouslyRpt0false
IRS990EZ/CashSavingsAndInvestments/BOY015862
IRS990EZ/CashSavingsAndInvestments/EOY055699
IRS990EZ/ContributionsGiftsGrantsEtc0156447
IRS990EZ/DidOrgFileForm1120POLThisYear0false
IRS990EZ/DoesOrgHaveHospital0false
IRS990EZ/EngagedInExcessBenefitTrans0false
IRS990EZ/EngageInLobbyingActivities0false
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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName0RAYMOND R RACKLEY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1TERRY KOVEL
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName2JOHN FRATO
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName3CECILIA WONG
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName4DUDLEY S HUMPHREY JR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title0EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1CHAIRPERSON
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title2SECRETARY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title3TREASURER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title4PRESIDENT
IRS990EZ/OperatingSchool0false
IRS990EZ/Organization501c30X
IRS990EZ/OrganizationDissolvedEtc0false
IRS990EZ/OrganizationHadUBI0false
IRS990EZ/OtherChangesInNetAssets014055
IRS990EZ/OtherExpensesTotal01375
IRS990EZ/PartVIAHghstPaidCntrctProfSer0NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl0NONE
IRS990EZ/PrimaryExemptPurpose0THE CAROUSEL SOCIETY SERVES TO RESTORE THE 1910 GRAND EUCLID BEACH PARK CAROUSEL TO BE A FUNCTIONAL, SELF-SUSTAINING REGIONAL HISTORIC AND CULTURAL LANDMARK FOR ENJOYMENT AND PROGRAMMATIC COMMUNITY DEVELOPMENT THROUGH ITS PLACEMENT IN THE WESTERN RESERVE HISTORICAL SOCIETY (WRHS) MUSEUM ON UNIVERSITY CIRCLE WHERE OVER 2.5 MILLION PEOPLE FROM AROUND THE WORLD COME TO VISIT EACH YEAR.
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0THE CLEVELAND EUCLID BEACH PARK CAROUSEL SOCIETY FUNCTIONS TO FUND AND BUILD THE "CAROUSEL PAVILION ENCLOSURE" WITHIN THE UCI CAMPUS OF THE WRHS: GRANTS: 1.5MILLION ANTICIPATED; 100K VISITORS PER YEAR. THE CLEVELAND EUCLID BEACH PARK CAROUSEL SOCIETY FUNCTIONS TO RE-CREATE THE CAROUSEL MECHANISM AND SURROUNDING PARTS TO PROVIDE A NEAR HISTORICALLY ACCURATE RESTORATION OF THE EBP CAROUSEL AS POSSIBLE: GRANTS: 500K ANTICIPATED; 100K VISITORS PER YEAR. THE CLEVELAND EUCLID BEACH PARK CAROUSEL SOCIETY FUNCTIONS TO ASSIST WRHS IN OPERATING THE CAROUSEL & THE CAROUSEL CULTURAL LEGACY PROGRAMS: GRANTS: 100K ANTICIPATED: 100K VISITORS OR PARTICIPANTS PER YEAR IN ALL PROGRAMS.
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations01257064
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses01282884
IRS990EZ/ProhibitedTaxShelterTrans0false
IRS990EZ/RelatedOrgControlledEntity0false
IRS990EZ/StatesWhereCopyOfReturnIsFiled0OH
IRS990EZ/SubjectToProxyTax0false
IRS990EZ/SumOfTotalLiabilities/BOY014055
IRS990EZ/SumOfTotalLiabilities/EOY01169401
IRS990EZ/TanningServicesProvided0false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine103199 FALMOUTH ROAD
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine203199 FALMOUTH ROAD
IRS990EZ/TheBooksAreInCareOf/AddressUS/City0SHAKER HEIGHTS
IRS990EZ/TheBooksAreInCareOf/AddressUS/State0OH
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode044122
IRS990EZ/TheBooksAreInCareOf/NamePerson0RAYMOND R RACKLEY
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber02167523918
IRS990EZ/TotalAssets/BOY015862
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IRS990EZ/TotalExpenses01286498
IRS990EZ/TotalProgramServiceExpenses01282884
IRS990EZ/TotalRevenue0156934
IRS990EZ/TransactionWithControlEntity0false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg0false
IRS990EZ/WebSite0CLEVELANDCAROUSEL.COM
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYear0156447
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus1Year0134569
IRS990ScheduleA/GiftsGrantsContribReceived509/Total0291016
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYear0487
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus1Year05880
IRS990ScheduleA/GrossReceiptsFromAdmissions/Total06367
IRS990ScheduleA/InvestmentIncomePercentage00.00000
IRS990ScheduleA/PriorYearSupportPercentage01.00000
IRS990ScheduleA/PubliclySupportedOrg509a20X
IRS990ScheduleA/PublicSupportPercentage50901.00000
IRS990ScheduleA/PublicSupportTotal5090297383
IRS990ScheduleA/ThirtyThreePercntTestsCY5090X
IRS990ScheduleA/Total509/CurrentTaxYear0156934
IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year0140449
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IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear0156934
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year0140449
IRS990ScheduleA/TotalSupportTotal/Total0297383
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990ScheduleO/GeneralExplanation/Explanation0CLEVELAND CAROUSEL SOCIETY CLEVELAND EUCLID BEACH PARK CAROUSEL SOCIETY
IRS990ScheduleO/GeneralExplanation/Explanation1WESTERN RESERVE HISTORICAL SOCIETY 10825 EAST BLVD. CLEVELAND OHIO CLEVELAND, OH 44106 1,257,064 0 0
IRS990ScheduleO/GeneralExplanation/Explanation2EXPENSES PROMOTION & MISCELLANEOUS 1,215 INSURANCE 160 TOTAL 1,375
IRS990ScheduleO/GeneralExplanation/Explanation3DECREASE IN LIABILITIES 14,055
IRS990ScheduleO/GeneralExplanation/Explanation4ACCOUNTS PAYABLE AND ACCRUED EXPENSES 14,055 0 LINE OF CREDIT 0 1,169,401
IRS990ScheduleO/GeneralExplanation/Explanation5THE CAROUSEL SOCIETY SERVES TO RESTORE THE 1910 GRAND EUCLID BEACH PARK CAROUSEL TO BE A FUNCTIONAL, SELF-SUSTAINING REGIONAL HISTORIC AND CULTURAL LANDMARK FOR ENJOYMENT AND PROGRAMMATIC COMMUNITY DEVELOPMENT THROUGH ITS PLACEMENT IN THE WESTERN RESERVE HISTORICAL SOCIETY (WRHS) MUSEUM ON UNIVERSITY CIRCLE WHERE OVER 2.5 MILLION PEOPLE FROM AROUND THE WORLD COME TO VISIT EACH YEAR.
IRS990ScheduleO/GeneralExplanation/Explanation6THE CLEVELAND EUCLID BEACH PARK CAROUSEL SOCIETY FUNCTIONS TO FUND AND BUILD THE "CAROUSEL PAVILION ENCLOSURE" WITHIN THE UCI CAMPUS OF THE WRHS: GRANTS: 1.5MILLION ANTICIPATED; 100K VISITORS PER YEAR. THE CLEVELAND EUCLID BEACH PARK CAROUSEL SOCIETY FUNCTIONS TO RE-CREATE THE CAROUSEL MECHANISM AND SURROUNDING PARTS TO PROVIDE A NEAR HISTORICALLY ACCURATE RESTORATION OF THE EBP CAROUSEL AS POSSIBLE: GRANTS: 500K ANTICIPATED; 100K VISITORS PER YEAR. THE CLEVELAND EUCLID BEACH PARK CAROUSEL SOCIETY FUNCTIONS TO ASSIST WRHS IN OPERATING THE CAROUSEL & THE CAROUSEL CULTURAL LEGACY PROGRAMS: GRANTS: 100K ANTICIPATED: 100K VISITORS OR PARTICIPANTS PER YEAR IN ALL PROGRAMS.
IRS990ScheduleO/GeneralExplanation/Identifier0DOING BUSINESS AS
IRS990ScheduleO/GeneralExplanation/Identifier1GRANTS AND SIMILAR AMTS PAID TO ORGANIZATIONS
IRS990ScheduleO/GeneralExplanation/Identifier2OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier3OTHER CHANGES IN NET ASSETS OR FUND BALANCES
IRS990ScheduleO/GeneralExplanation/Identifier4OTHER LIABILITIES
IRS990ScheduleO/GeneralExplanation/Identifier5PRIMARY EXEMPT PURPOSE
IRS990ScheduleO/GeneralExplanation/Identifier6FIRST ACCOMPLISHMENT
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990-EZ, PART III
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0264517731
ReturnHeader/Filer/Name/BusinessNameLine10THE CLEVELAND CAROUSEL
ReturnHeader/Filer/NameControl0CLEV
ReturnHeader/Filer/USAddress/AddressLine103199 FALMOUTH ROAD
ReturnHeader/Filer/USAddress/City0SHAKER HEIGHTS
ReturnHeader/Filer/USAddress/State0OH
ReturnHeader/Filer/USAddress/ZIPCode044122
ReturnHeader/Officer/DateSigned02013-10-24
ReturnHeader/Officer/Name0RAYMOND R RACKLEY
ReturnHeader/Officer/Title0EXECUTIVE DIRECTOR
ReturnHeader/Preparer/DatePrepared02013-11-06
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10JM GREEN CPA GROUP LLC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1025700 SCIENCE PARK DRIVE STE 280
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0BEACHWOOD
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0OH
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode0441227312
ReturnHeader/Preparer/Name0JONATHAN M GREEN CPA
ReturnHeader/Preparer/Phone02165930900
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-11-13T10:00:50-06:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$55,699
Liabilities
$1,169,401
Net assets
-$1,113,702
Revenue
$156,934
Expenses
$1,286,498
Net income
-$1,129,564
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.03$0.00$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.00$0.06$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.02$0.12$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.10$0.12$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.28$0.09$0.20$0.09$0.11$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.45$0.24$0.22$0.18$0.16$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.05$0.35$0.30$0.33$0.03$0.29
2013Detailed filing. Detailed filing data is available for this year.$0.11$1.35$1.24$0.32$0.45$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$1.17$1.11$0.16$1.29$1.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.01$0.00$0.14$0.11$0.03