This was a kit and I it found bagged in a small aluminum foil pan up in my mother's kitchen cabinet above the refrigerator. There was another foam wreath in the kit. FYI: I love ornament kits and have tons stored away that I purchased over the years.
I decided to take the kit for myself. I thought I could repair the one pictured; but, the damage was too severe. I ended up cannibalizing the old one to make a brand new one with the extra foam wreath. (There was not enough supplies to finish a new wreath.)
The maker of the kit is LeeWards which is no longer in business and, after many stores closed, it became Michaels. The kit was dated 1976. I also found a sticker price of $1.89. Wow. I was eleven or twelve years old when this kit was packaged together for sale.