This is from a simple child's toy - a bubble wand in the shape of a butterfly. I'm sure it would have made some interesting bubbles, although certainly not in the shape of a butterfly. We'll never know, because the cheap thing snapped off of its wand on the first wave before it could ever be dipped in the soap.
Just as well, though, because if by chance that face had been rendered in three dimensions, it would have been terrifying. I think whoever designed this must have had a run-in with the Mothman as a youth. Look at that mouth!