Gypsies Carnival Troupe Inc

Nonprofit profile at a glance

EIN
661061190
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025
Location
St Thomas, VI, VQ
Phone
3406906422
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Fairs

Reported finances

Revenue
$44,275
Expenses
$36,326
Assets
$65,806
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • Amber Knight (President)
  • Maribel Okiye (Vice President)

People named in this filing

  • Amber Knight (President)
  • Maribel Okiye (Vice President)
  • Lilian Garfield (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Gypsies Carnival Troupe Inc is a non-profit organization located in St. Thomas, US Virgin Islands. The Troupe participates in annual carnival and festival parades, have costume working meetings, board and general meetings of its members, and social activities. Social activities include social dinner, after carnival beach party, and other events that may be scheduled. The organization is not for profit as funds received from sponsors or members are to assist with expenses associated to the annual parade and festivals, etc. Officers and Directors receive no compensation as service is voluntary.

What it reported doing in 2025

The organization participated in both the St. Thomas Carnival Parade and St. John 4th of July Festival Parade which is part of the cultural and social fabric of the US Virgin Islands. Expenses include costume materials, float, meetings, raffles, T-shirts, picnic, bandana, and insurance. The number of members range between 100 to 120 (members who participate in the parades and members who only pay membership fees).

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 82
  • Sustainability: 66
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.4%; rating input score 80
  • Program expense ratio: 98%; rating input score 98

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 18%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 1.81; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 12.1% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: -1.9% per year; rating input score 0; 43rd percentile among comparable filings
  • Asset growth: 13% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: 80.4% of revenue deployed · 98% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $36K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.