Yep. It's a Ludwig Junior model. The grommet is made from Bakelite. It would have been a single-tension tuning system with 6 t-rods. The strainer (no throwoff) was rim-mounted and there was no butt assembly -just a tab through which the wire-wrapped, linen snare wires would have passed.
I'm not sure what the shell of yours was made from -my guess would have been maple....but it looks different than the maple reinforcement rings, so it could be birch or butternut or walnut....?? I'd have to study the grain more closely.
It would have had either red-painted hoops or black painted with a tin strip.
Officially, it's a "Junior" or possibly a "School drum" -all classified under the "Juvenile" drum section of the old catalogs.
Toy or not that's a very well-made shell. It would put many modern shells to shame.