This may come from a set of makeup produced for aspiring actresses back in the day. It at least matches one of the items in this Female Stage Makeup Kit for Students.
You know what they say:
Hooray for Hollywood
You may be homely in your neighborhood
But if you think that you can an actor
See Mr. Factor; he’d make a monkey look good
Within half an hour, you’ll look like Tyrone Power
Hooray for Hollywood
Photo by Monarch.