<PAGE>

                                                                    EXHIBIT 3(5)

                            ARTICLES OF ORGANIZATION

                                       OF

                           ANAGRAM INTERNATIONAL, LLC

                       A Nevada Limited Liability Company

         We, the undersigned, pursuant to the Nevada Revised Statutes governing
limited liability companies, hereby adopt the following Articles of Organization
for a limited liability company:

                                    ARTICLE I
                                      NAME

         The name of the limited liability company is Anagram International, LLC
(the "Company").

                                   ARTICLE II
                                    DURATION

         The period of duration of this Company shall be thirty (30) years.

                                   ARTICLE III
                                     PURPOSE

         This Company is organized to carry on any lawful business permitted by
Nevada law and to perform all acts in furtherance thereof.

                                   ARTICLE IV
                                PLACE OF BUSINESS

         The address of the office where its records will be maintained as
required by NRS 86.241 is:

                      c/o Kummer Kaempfer Bonner & Renshaw
                      3800 Howard Hughes Parkway
                      Seventh Floor
                      Las Vegas, Nevada 89109

<PAGE>

                                    ARTICLE V
                                 RESIDENT AGENT

         The name and business address of the resident agent of this Company is:

                      Kummer Kaempfer Bonner & Renshaw
                      Seventh Floor
                      3800 Howard Hughes Parkway
                      Las Vegas, Nevada 89109

                                   ARTICLE VI
                               ADDITIONAL MEMBERS

         Additional members may be admitted by the Members as provided in the
Operating Agreement.

                                   ARTICLE VII
                                  CONTINUATION

         Upon the death, retirement, resignation, expulsion, bankruptcy or
dissolution of a member or the occurrence of any other event which terminates
the continued membership of a member in this Company, the remaining members may
unanimously agree to continue the business of this Company as provided in the
Operating Agreement.

                                  ARTICLE VIII
                                   MANAGEMENT

         This Company shall be managed by a manager or managers. The following
managers shall serve until the first annual meeting of members or until their
successors are elected and qualified:

<TABLE>
<CAPTION>
     Name                                    Address
     ----                                    -------
<S>                                 <C>
Jim Plutt                           7700 Anagram Drive
                                    Minneapolis, Minnesota  55344

Garry Kieves                        7700 Anagram Drive
                                    Minneapolis, Minnesota  55344

Michaela Kieves                     7700 Anagram Drive
                                    Minneapolis, Minnesota  55344
</TABLE>

                                       2

<PAGE>

                                   ARTICLE IX
                                    INDEMNITY

         Section 9.01 Right to Indemnity. Every person who was or is a party, or
is threatened to be made party to or is involved in any action, suit or
proceeding, whether civil, criminal, administrative or investigative, by reason
of the fact that he or a person of whom he is the legal representative is or was
a manager or member of this Company, or is or was serving at the request of this
Company as a manager of another limited liability company, or as a director,
officer or representative in a corporation, partnership, joint venture, trust or
other enterprise, shall be indemnified and held harmless to the fullest extent
legally permissible under the laws of the State of Nevada from time to time
against all expenses, liability and loss (including attorneys' fees, judgments,
fines and amounts paid or to be paid in settlement) reasonably incurred or
suffered by him in connection therewith. Such right of indemnification shall be
a contract right which may be enforced in any manner desired by such person.
Such right of indemnification shall not be exclusive of any other right which
such managers, members or representatives may have or hereafter acquire, and,
without limiting the generality of such statement, they shall be entitled to
their respective rights of indemnification under any operating agreement or
other agreement, vote of members, provision of law, or otherwise, as well as
their rights under this Article.

         Section 9.02 Expenses Advanced. Expenses of managers and members
incurred in defending a civil or criminal action, suit or proceeding by reason
of any act or omission of such managers or members acting as a manager or member
shall be paid by the Company as they are incurred and in advance of the final
disposition of the action, suit or proceeding, upon receipt of any undertaking
by or on behalf of the manager or member to repay the amount if it is ultimately
determined by a court of competent jurisdiction that he is not entitled to be
indemnified by the Company.

         Section 9.03 Operating Agreement; Insurance. Without limiting the
application of the foregoing, the members may adopt a provision in the Operating
Agreement from time to time with respect to indemnification, to provide at all
times the fullest indemnification permitted by the laws of the State of Nevada,
and may cause this Company to purchase and maintain insurance or make other
financial arrangements on behalf of any person who is or was a manager or member
of this Company as a member or manager of another limited liability company, or
as its representative in a corporation, partnership, joint venture, trust or
other enterprise against any liability asserted against such person and incurred
in any such capacity or arising out of such status, to the fullest extent
permitted by the laws of the State of Nevada, whether or not this Company would
have the power to indemnify such person.

                                       3

<PAGE>

         The indemnification and advancement of expenses provided in this
Article shall continue for a person who has ceased to be a member, manager,
employee or agent, and inures to the benefit of the heirs, executors and
administrators of such a person.

                                    ARTICLE X
                             RETURN OF CONTRIBUTIONS

         A member may only demand cash in return for his or its contribution to
capital, but the Company may require a member to accept cash, property,
promissory notes or any combination thereof in return for the member's
contribution to capital.

         IN WITNESS WHEREOF, we have hereunto set our hands this 20th day of
October 1994.

                                        Members:

                                        ANAGRAM INTERNATIONAL, INC.
                                        A Minnesota corporation

                                        By: /s/Jim Plutt
                                            ----------------------------------
                                            Jim Plutt, Secretary

                                        ANAGRAM INTERNATIONAL HOLDINGS, INC.
                                        A Minnesota corporation

                                        By: /s/Jim Plutt
                                            ----------------------------------
                                            Jim Plutt, Secretary

                                       4

<PAGE>

STATE OF MINNESOTA )
                   )   ss.
COUNTY OF HENNEPIN )

         On this 20th day of October, 1994, there personally appeared before me,
a notary public, JIM PLUTT, personally known (or proved) to me to be the person
whose name is subscribed to the above instrument, who acknowledged to me that he
executed the foregoing Articles of Organization.

 /s/ Patricia A. Morris
 ---------------------------------------                [SEAL]
     Notary Public