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Nonprofit · EIN 27-2884199

FRIENDS OF JANES CAROUSEL INC

Tax-exempt · BROOKLYN, NY 11201

Financials

$765K$896K2023$938K$942K2024
Revenue Expenses · by fiscal year end
Financials of FRIENDS OF JANES CAROUSEL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$937,551$941,677-$4,126$367,732$48,586$319,146
December 31, 2023990$764,658$896,032-$131,374$371,858$48,586$323,272
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$659
Program service revenue
$933,466
Investment income
$0
Net income from sales of inventory
$3,426
Other revenue
$3,426

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$607,251
Salaries, compensation and benefits (total)
$710,776
Professional fundraising fees
$0
Depreciation
$15,927
Program services (functional)
$641,541
Management and general (functional)
$300,136

Balance sheet and other

Total assets, start of year
$371,858
Total assets, end of year
$367,732
Total liabilities, end of year
$48,586
Net assets, end of year
$319,146
Land, buildings and equipment
$168,987
Net assets without donor restrictions
$319,146
Gross receipts
$945,148
Employees
36
Volunteers
0
Year formed
2010
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
KATHERINE R ROTHDIRECTOR
Trustee or director
35$171,828
MIKE LAMPARIELLOPRESIDENT
Trustee or director, Officer
1$0
RICK SHILLTREASURER
Trustee or director, Officer
1$0
JANET SANTOSSECRETARY
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
KATHERINE R ROTHDIRECTOR
Trustee or director
35$175,000
MIKE LAMPARIELLOPRESIDENT
Trustee or director, Officer
1$0
RICK SHILLTREASURER
Trustee or director, Officer
1$0
JANET SANTOSSECRETARY
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
45 MAIN STREET 12TH FLR, BROOKLYN, NY 11201-1000
In care of
% DAVID WALENTAS
Mailing address (990-N for 2010)
45 MAIN STREET NO 602, BROOKLYN NY 112011099
Principal officer (990 for 2024)
RICK SHILL, 45 MAIN STREET, BROOKLYN, NY 11201
Principal officer (990-N for 2010)
JANE WALENTAS, 45 MAIN STREET ROOM 602, BROOKLYN NY 11201
Signed the 990
RICK SHILL, TREASURER
Phone
(718) 222-2500
Return prepared by
SACKS PRESS & LACHER PC

Mission

THE ORGANIZATION'S STATED PURPOSE IS TO RECEIVE AND ADMINISTER FUNDS FOR THE OPERATION AND MAINTENANCE OF A VINTAGE CAROUSEL IN BROOKLYN BRIDGE PARK IN BROOKLYN, NEW YORK, AND TO KEEP SAME IN GOOD RUNNING ORDER FOR PRESENT AND FUTURE GENERATIONS TO ENJOY.

990 for the year ended December 31, 2024

Program accomplishments

  • JANE'S CAROUSEL IS A COMPLETELY RESTORED HISTORIC CAROUSEL MADE BY THE PHILADELPHIA TOBOGGAN COMPANY (PTC #61) IN 1922. IT IS A CLASSIC 3-ROW MACHINE WITH 48 EXQUISITELY CARVED HORSES, AND 2 SUPERB CHARIOTS. THE WOOD CARVINGS, OFTEN ATTRIBUTED TO JOHN ZALAR AND FRANK CARRETTA, ARE AMONG THE FINEST OF THEIR KIND. IN ADDITION, THE SCENERY PANELS, ROUNDING BOARDS, CRESTS, CENTER POLE AND PLATFORM ARE ALL ORIGINAL TO THE CAROUSEL. IT WAS THE FIRST CAROUSEL TO BE PLACED ON THE NATIONAL REGISTER OF HISTORIC PLACES.JANE'S CAROUSEL IS NOW OPEN IN BROOKLYN BRIDGE PARK, IN THE DUMBO SECTION OF BROOKLYN, WHERE IT IS MAGICALLY SET ON THE EAST RIVER, BETWEEN THE BROOKLYN AND MANHATTAN BRIDGES. THE CAROUSEL IS HOUSED IN A SPECTACULAR PAVILION DESIGNED BY PRITZKER PRIZE WINNING FRENCH ARCHITECT JEAN NOUVEL. JANE'S CAROUSEL WILL DELIGHT CHILDREN, AS WELL AS VISITORS FROM AROUND THE WORLD, FOR MANY GENERATIONS TO COME.
    Expenses $641,541 · revenue $936,892

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-2884199
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$367,732
Income (IRS master file)
$945,148

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$937,551$941,677$367,732IRS
990December 2023$764,658$896,032$371,858XML
990December 2022$1,021,562$780,441$503,232IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990-N for 2010
Officer: JANE WALENTAS
December 31, 2010≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-2884199).

Questions about FRIENDS OF JANES CAROUSEL INC

What is the EIN of FRIENDS OF JANES CAROUSEL INC?
The employer identification number (EIN) of FRIENDS OF JANES CAROUSEL INC is 27-2884199.
Is FRIENDS OF JANES CAROUSEL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to FRIENDS OF JANES CAROUSEL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRIENDS OF JANES CAROUSEL INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FRIENDS OF JANES CAROUSEL INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRIENDS OF JANES CAROUSEL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FRIENDS OF JANES CAROUSEL INC?
The 990 for the year ended December 31, 2024 names RICK SHILL.
Who are the officers and directors of FRIENDS OF JANES CAROUSEL INC?
The 990 for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $171,828 (KATHERINE R ROTH, DIRECTOR).
How much revenue does FRIENDS OF JANES CAROUSEL INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $937,551, expenses of $941,677 and total assets of $367,732 at year end.

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