It appears to be repainted. The stickers / markings on the rear near the electric cord suggest that it was manufactured as a lamp although it may have had a different shade or color. It seems these are fairly rare I could not find another one anywhere.
Any info you have please kindly send me a message I would love to learn more about this unique piece. The item "1970s Vintage Carousel Gumball Mushroom Midcentury Modern MCM lamp Light Rare" is in sale since Sunday, October 25, 2020. This item is in the category "Antiques\Periods & Styles\Mid-Century Modernism". The seller is "lucor7736" and is located in Kent, Connecticut. This item can be shipped to United States, Canada, United Kingdom, Denmark, Romania, Slovakia, Bulgaria, Czech republic, Finland, Hungary, Latvia, Lithuania, Malta, Estonia, Australia, Greece, Portugal, Cyprus, Slovenia, Japan, Sweden, South Korea, Indonesia, South africa, Belgium, France, Hong Kong, Ireland, Netherlands, Poland, Spain, Italy, Germany, Austria, Bahamas, Mexico, New Zealand, Philippines, Singapore, Norway, Saudi arabia, United arab emirates, Bahrain, Croatia, Malaysia, Chile, Colombia, Costa rica, Panama, Trinidad and tobago, Guatemala, Honduras, Jamaica, Antigua and barbuda, Aruba, Belize, Dominica, Grenada, Saint kitts and nevis, Saint lucia, Montserrat, Turks and caicos islands, Barbados, Bangladesh, Bermuda, Brunei darussalam, Bolivia, Ecuador, Egypt, French guiana, Guernsey, Gibraltar, Guadeloupe, Iceland, Jersey, Jordan, Cambodia, Liechtenstein, Sri lanka, Luxembourg, Monaco, Macao, Martinique, Maldives, Nicaragua, Oman, Peru, Pakistan, Paraguay, Reunion, Viet nam, Uruguay.