Carousel Play & Learn Center Inc is a 501(c)(3) organization based in Greensburg, Indiana, registered in 1972, with $643,096 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$643K
▼ 1.9% vs prior year
Human Services median: $293K
Expenses (FY2024)
$654K
Net assets
$934K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Carousel Play & Learn Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Carousel Play & Learn Center Inc: 17 mo reserves · -2% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Carousel Play & Learn Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Carousel Play & Learn Center Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $552K (FY2013) to $643K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-1.7%
Spent more than it raised in the latest fiscal year.
Total assets
$936K
Total liabilities
$2,763
Net assets
$934K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $643,096▼1.9% | $654,006▼8.1% | $933,565▼1.2% | $936,328▼0.9% | 990 |
| 2023 | $655,830▼20.9% | $711,848▼21.8% | $944,475▼5.6% | $944,475▼5.6% | 990 |
| 2022 | $829,341▼10.7% | $910,851▲21.9% | $1,000,493▼7.5% | $1,000,493▼7.5% | 990 |
| 2021 | $928,616▲32.2% | $747,483▲29.4% | $1,082,003▲19.3% | $1,082,003▲9.9% | 990 |
| 2020 | $702,510▼3.8% | $577,717▼6.8% | $906,762▲30.6% | $984,930▲9.4% | 990 |
| 2019 | $729,945▲21.8% | $619,963▼8.3% | $694,151▲18.8% | $900,440▲21.4% | 990 |
| 2018 | $599,430▲1.3% | $676,416▲7.7% | $584,351▼11.7% | $741,816▼14.8% | 990 |
| 2017 | $591,480▼6.8% | $628,240▼0.9% | $661,450▼5.3% | $870,231▲5.5% | 990 |
| 2016 | $634,304▲7.3% | $634,038▲0.8% | $698,431 | $825,033▲0.4% | 990 |
| 2015 | $590,904▲0.6% | $629,275▲7.5% | $698,498▼5.3% | $822,080▼5.2% | 990 |
| 2014 | $587,135▲6.5% | $585,571▲0.2% | $737,206▲0.2% | $867,603▼0.1% | 990 |
| 2013 | $551,553 | $584,627▼2.7% | $735,857▼4.3% | $868,701▼3.7% | 990 |
| 2012 | — | $600,794▲1.8% | $769,271▼2.2% | $902,069▼1.9% | 990 |
| 2011 | — | $590,257 | $786,364 | $919,736 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
1 grant to Carousel Play & Learn Center Inc totaling $9,637, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Early Learning Indiana Inc | Build learn grow grant | 2022 | $9,637 |
Explore more
Data for Carousel Play & Learn Center Inc (EIN 23-7150511) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.