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Nonprofit · EIN 95-3772761

KAROUSEL KIDS INC

Tax-exempt · CLAREMONT, CA 91711

Financials

$169K$151K2024
Revenue Expenses · by fiscal year end
Financials of KAROUSEL KIDS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$168,893$151,223$17,670$28,401$66,374-$37,973
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$168,412
of which government grants
$168,412
Program service revenue
$0
Investment income
$481
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$133,986
Program services (functional)
$146,898
Management and general (functional)
$4,325

Balance sheet and other

Total assets, start of year
$9,872
Total assets, end of year
$28,401
Total liabilities, end of year
$66,374
Net assets, end of year
-$37,973
Net assets without donor restrictions
-$37,973
Gross receipts
$168,893
Employees
0
Year formed
1982
State of legal domicile
CA

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
ALISA ALLENEXECUTIVE DI
Officer
–$0

Address and contacts

Address (IRS master file)
1096 LOOP BR, CLAREMONT, CA 91711-8310
Principal officer (990 for 2024)
ALISA ALLEN, 1096 LOOP BRANCH, CLAREMONT, CA 91711
Signed the 990
ALISA ALLEN, EXECUTIVE DIRECTOR
Phone
(909) 626-4072
Return prepared by
YOSS ALLEN BERNSTEIN LIGHTFOOT LLP

Mission

WE BELIEVE IN HIGHLY PERSONALIZED CARE, INDIVIDUAL ATTENTION, AND ONE-ON- ONE INSTRUCTION IN ORDER TO ENCOURAGE EACH AND EVERY KAROUSEL KID TO INCREASE THEIR SKILLS, EXPAND THEIR KNOWLEDGE, AND GROW AS INDIVIDUALS AS THEY REACH FOR THEIR FULLEST POTENTIAL

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE OPPORTUNITIES FOR YOUNG PEOPLE TO EXPERIENCE MUSICAL THEATER.
    Expenses $146,898

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
95-3772761
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1982
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$28,401
Income (IRS master file)
$168,893

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$176,000$174,770$9,872IRS
990December 2022$87,268$101,609$8,641IRS
990December 2021–––IRS
990December 2020–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about KAROUSEL KIDS INC

What is the EIN of KAROUSEL KIDS INC?
The employer identification number (EIN) of KAROUSEL KIDS INC is 95-3772761.
Is KAROUSEL KIDS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to KAROUSEL KIDS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KAROUSEL KIDS 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 KAROUSEL KIDS 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 KAROUSEL KIDS 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 KAROUSEL KIDS INC?
The 990 for the year ended December 31, 2024 names ALISA ALLEN.
Who are the officers and directors of KAROUSEL KIDS INC?
The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does KAROUSEL KIDS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $168,893, expenses of $151,223 and total assets of $28,401 at year end.

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