Colorado · Nonprofit
CAROUSEL OF HAPPINESS INC
CAROUSEL OF HAPPINESS INC (Colorado) receives grants from 12 organizations whose IRS filings report $232,956 to it, the largest being COLORADO GIVES FOUNDATION ($148,887). 6 of them have funded it in more than one year, and 78% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $409k
- Funders on record
- 12
- Grants received
- $233k
- Net assets
- $1.2M
What Carousel of Happiness Inc does
Mission
To inspire happiness, well being, and service to others through stories and experiences.
As stated on its FY2025 Form 990.
Programs
Opened on may 29, 2o10, the carousel is an exhibit of recent folk art sculpture in the form of hand carved animals on a historic 1910 working carousel. The whimsical animals inspire a sense of happiness and well being for those who either ride or watch. The building housing the carousel is a demonstration of green energy techonology and also serves as a place to share art, poetry, and literature. Admission to the building and to view the carousel is free. Rides are free for those who cannot afford the $3 ticket to ride, or who visit as part of a special needs group, or on holidays honoring veterans, mothers, and fathers.
$284,910 spent$264,753 earned by the program100% of program spendingThe story catcher sound booth was developed in 2018. Visitors are given an opportunity to share memories and experiences of historical carousels, as well as their experience with our carousel.
The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $284,910.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $872k to $988k (+13%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2019 0% · 2020 18% · 2021 6% · 2022 0% · 2023 4% · 2024 3% · 2025 2%. Grants only. Government contracts and fees sit inside program revenue.
36% of CAROUSEL OF HAPPINESS INC’s revenue is contributions — about as donation-reliant as the typical peer (64% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 7 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Melody Baumhover
Executive director
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $16k → $20k.
4 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 78% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of CAROUSEL OF HAPPINESS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
CAROUSEL OF HAPPINESS INC leans on a few funders — its largest provides 64% of grant income and the top three 88%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
78% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CAROUSEL OF HAPPINESS INC.
Largest funder’s share by year: 2017 100% · 2018 97% · 2019 100% · 2020 76% · 2021 68% · 2022 47% · 2023 99% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
40% of CAROUSEL OF HAPPINESS INC's funders are still giving 3 years after their first grant; 50% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
78% of CAROUSEL OF HAPPINESS INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $51k that is directly attributable, 99% of it comes from funders outside Colorado, across 6 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $181k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
CAROUSEL OF HAPPINESS INC holds deeper cash reserves than three-quarters of the 12,262 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 12,262 arts & culture nonprofits $100k–$1M, FY2025
Organizations like CAROUSEL OF HAPPINESS INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Colorado
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
79% of spending goes to programs.
Governance
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for CAROUSEL OF HAPPINESS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds CAROUSEL OF HAPPINESS INC?
- CAROUSEL OF HAPPINESS INC (Colorado) receives grants from 12 organizations whose IRS filings report $232,956 to it, the largest being COLORADO GIVES FOUNDATION ($148,887). 6 of them have funded it in more than one year, and 78% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does CAROUSEL OF HAPPINESS INC have?
- IRS filings report 12 organizations giving $232,956 in grants to CAROUSEL OF HAPPINESS INC, 6 of which have funded it in more than one year.
- Who is the largest funder of CAROUSEL OF HAPPINESS INC?
- COLORADO GIVES FOUNDATION is the largest funder on record, with $148,887 in grants. The full list of funders is on this page.
- How can an organization like CAROUSEL OF HAPPINESS INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Carousel of Happiness →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 12 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing