National Carousel Association
National Carousel Association: Steady Growth, High Program Spending
EIN: 222165727 · Spokane, WA · NTEE: A82Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $149K |
| Total Expenses | $136K |
| Program Spending | 85% |
| Net Assets | $336K |
| Transparency Score | 75/100 |
Is National Carousel Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Carousel Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Carousel Association
National Carousel Association (EIN: 222165727) is a nonprofit organization based in Spokane, WA, classified under NTEE code A82Z. The organization reported total revenue of $149K and total assets of $373K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Carousel Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Carousel Association is a small nonprofit that has been operating for 48 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $157K |
| Total Expenses | $136K |
| Surplus / Deficit | +$20K |
| Total Assets | $336K |
| Net Assets | $336K |
| Operating Margin | 13.1% |
| Months of Reserves | 29.6 months |
Financial Health Grade: A
In 2023, National Carousel Association reported a surplus of $20K with revenue exceeding expenses, holds 29.6 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), National Carousel Association's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +59.7% | +50.6% | +8.8% |
| 2022 | +57.4% | +83.3% | +0.1% |
| 2021 | +21.7% | +64.5% | +4.7% |
| 2020 | -56.9% | -71.6% | +9.2% |
| 2019 | -26.9% | -14.1% | +7.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates National Carousel Association with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 85%
- fundraising: 10%
According to IRS 990 filings, National Carousel Association allocates its expenses as follows: admin: 5%, programs: 85%, fundraising: 10%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $20K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation information is not available in the provided data, preventing a detailed assessment.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for National Carousel Association:
- Consistent revenue growth over the past several years, from $51,253 in 2020 to $149,076 in 2023.
- Strong asset growth, increasing from $294,784 in 2020 to $373,408 in 2023.
- High percentage of expenses dedicated to programs, indicating a focus on mission delivery.
Frequently Asked Questions about National Carousel Association
Is National Carousel Association a legitimate charity?
Based on AI analysis of IRS 990 filings, National Carousel Association (EIN: 222165727) appears legitimate. Mission Score: 75/100. 0 red flags identified, 3 strengths noted.
How does National Carousel Association spend its money?
National Carousel Association directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to National Carousel Association tax-deductible?
National Carousel Association is registered as a tax-exempt nonprofit (EIN: 222165727). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of National Carousel Association's spending goes to programs?
National Carousel Association directs 85% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does National Carousel Association compare to similar nonprofits?
With a transparency score of 75/100 (Good), National Carousel Association is above average for NTEE category A82Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is National Carousel Association located?
National Carousel Association is headquartered in Spokane, Washington and files with the IRS under EIN 222165727. It is classified under NTEE code A82Z.
How many years of IRS 990 filings does National Carousel Association have?
National Carousel Association has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $149K in total revenue.
What does National Carousel Association do?
National Carousel Association is a nonprofit organization in the Arts, Culture & Humanities sector, located in Spokane, Washington. It is classified under NTEE code A82Z.
How much revenue does National Carousel Association have?
National Carousel Association reported total revenue of $149,076. Based on 12 IRS 990 filings on record.
What are National Carousel Association's total assets?
National Carousel Association holds total assets of $373,408 as reported in IRS 990 filings.
Where is National Carousel Association located?
National Carousel Association is based in Spokane, Washington.
What is National Carousel Association's EIN?
National Carousel Association's Employer Identification Number (EIN) is 222165727. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is National Carousel Association?
National Carousel Association is classified under NTEE code A82Z (Arts, Culture & Humanities).
Is National Carousel Association a registered 501(c)(3)?
Yes, National Carousel Association is recognized as a tax-exempt organization by the IRS. EIN: 222165727.
Does National Carousel Association file IRS Form 990?
Yes, National Carousel Association has 12 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was National Carousel Association's revenue in 2023?
In the 202312 filing period, National Carousel Association reported total revenue of $156,742, total expenses of $136,262, and net assets of $335,986.
Is National Carousel Association's revenue growing or declining?
National Carousel Association's revenue is growing. Revenue went from $98,132 (202212) to $156,742 (202312), a +59.7% change. Based on 12 filings on record.
What is National Carousel Association's most recent 990 filing?
The most recent IRS Form 990 filing for National Carousel Association covers tax period 202312. It shows revenue of $156,742, expenses of $136,262, total assets of $335,986, and liabilities of N/A.
How much does National Carousel Association spend on programs vs administration?
Based on IRS 990 analysis, National Carousel Association allocates approximately 85% of expenses to program services, 5% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is National Carousel Association a trustworthy charity?
Based on AI analysis of IRS 990 data, National Carousel Association appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 3 strengths noted.
What are National Carousel Association's strengths?
Positive indicators for National Carousel Association include: Consistent revenue growth over the past several years, from $51,253 in 2020 to $149,076 in 2023.. Strong asset growth, increasing from $294,784 in 2020 to $373,408 in 2023.. High percentage of expenses dedicated to programs, indicating a focus on mission delivery.. These findings are derived from AI analysis of the organization's financial filings.
How does National Carousel Association compensate executives?
Executive compensation information is not available in the provided data, preventing a detailed assessment. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contributed to the significant jump in revenue from $98,132 in 2022 to $149,076 in 2023?
The provided data does not specify the exact reasons for the revenue increase, but it could be attributed to successful fundraising campaigns, increased membership, or new program initiatives.
Given the consistent growth, what is the organization's strategy for maintaining this trajectory and expanding its reach?
The provided data does not detail strategic plans, but continued growth would likely require diversified funding streams, effective marketing, and potentially new program development to engage a broader audience.
Filing History
IRS 990 filing history for National Carousel Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), National Carousel Association's revenue has grown by 254%, moving from $44K to $157K. Total assets increased by 88.8% over the same period, from $178K to $336K. Total functional expenses rose by 188.8%, from $47K to $136K. In its most recent filing year (2023), National Carousel Association reported a surplus of $20K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $157K | $136K | $336K | $0 | — | — |
| 2022 | $98K | $91K | $309K | $0 | — | View 990 |
| 2021 | $62K | $49K | $309K | $0 | — | View 990 |
| 2020 | $51K | $30K | $295K | $0 | — | View 990 |
| 2019 | $119K | $106K | $270K | $0 | — | View 990 |
| 2018 | $163K | $123K | $250K | $0 | — | View 990 |
| 2017 | $138K | $126K | $217K | $0 | — | View 990 |
| 2016 | $110K | $103K | $202K | $0 | — | View 990 |
| 2015 | $93K | $86K | $196K | $0 | — | View 990 |
| 2014 | $177K | $156K | $193K | $0 | — | View 990 |
| 2012 | $40K | $45K | $173K | $0 | — | View 990 |
| 2011 | $44K | $47K | $178K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $157K, expenses of $136K, and assets of $336K (revenue +59.7% year-over-year).
- 2022: Revenue of $98K, expenses of $91K, and assets of $309K (revenue +57.4% year-over-year).
- 2021: Revenue of $62K, expenses of $49K, and assets of $309K (revenue +21.7% year-over-year).
- 2020: Revenue of $51K, expenses of $30K, and assets of $295K (revenue -56.9% year-over-year).
- 2019: Revenue of $119K, expenses of $106K, and assets of $270K (revenue -26.9% year-over-year).
- 2018: Revenue of $163K, expenses of $123K, and assets of $250K (revenue +18.0% year-over-year).
- 2017: Revenue of $138K, expenses of $126K, and assets of $217K (revenue +25.5% year-over-year).
- 2016: Revenue of $110K, expenses of $103K, and assets of $202K (revenue +18.0% year-over-year).
- 2015: Revenue of $93K, expenses of $86K, and assets of $196K (revenue -47.5% year-over-year).
- 2014: Revenue of $177K, expenses of $156K, and assets of $193K (revenue +341.5% year-over-year).
- 2012: Revenue of $40K, expenses of $45K, and assets of $173K (revenue -9.3% year-over-year).
- 2011: Revenue of $44K, expenses of $47K, and assets of $178K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Carousel Association:
Data Sources and Methodology
This transparency report for National Carousel Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.