It is a model of the Tower of the Four Winds which stood outside the original IASW at the 1964 World's Fair. The photo was taken in the Contemporary Resort near the elevators. Here is an exerpt about it from a blog:
"Designed for the entrance to "it's a small world," it stood 120 feet high and weighed 200,000 pounds. It was a working mobile, and featured 52 parts that, when caught by the wind, moved over 100 elements, such as a carousel with animals native to countries around the world. It was designed by Rolly Crump, a man with a richly diverse history with the Disney Company.
Although the Tower of the Four Winds is gone, its memory lives on in quite an unexpected place. Tucked in by the elevators on the Grand Canyon Concourse (fourth floor) of the Contemporary Resort is a wonderful model of the Tower. It is not the most glamorous location for such a piece of Disney history, but it is still a nice inclusion, especially with its close proximity to the large murals designed by Mary Blair."
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