The Circus Barn Incorporated
- Assets
- $5.5m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 76
- Location
- Greensboro, VT
- Founding
- 03/1974
- Data as of
- 12/2021
- EIN
- 23-7352665
Organization Overview
The Circus Barn Incorporated, operating under the name Circus Smirkus, is located in Greensboro, VT. The organization was established in 1974. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Circus Smirkus employed 76 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Circus Smirkus is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Circus Smirkus generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE SKILLS, CULTURE AND TRADITIONS OF THE TRAVELING CIRCUS, AND TO INSPIRE YOUTH TO ENGAGE IN LIFE-CHANGING ADVENTURES IN THE CIRCUS ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CIRCUS SMIRKUS CONDUCTS A VARIETY OF SUMMER CIRCUS ARTS CAMPS, FROM TWO DAYS TO TWO WEEKS, FROM BEGINNER TO ADVANCED, IN ITS OWN RECENTLY CONSTRUCTED FACILITY IN GREENSBORO, VERMONT.
FOR TWO MONTHS EACH SUMMER, A COMPANY OF "SMIRKUS TROUPERS" AGED 10 TO 18, SELECTED BY AUDITION AND BACKED BY COACHES, COOKS, CREW AND MUSICIANS, TOUR NEW ENGLAND PERFORMING TO APPRECIATIVE AUDIENCES IN CIRCUS SMIRKUS' 750-SEAT, EUROPEAN-STYLE, ONE-RING, BIG TOP TENT.
CIRCUS SMIRKUS SUBCONTRACTS WITH CIRCUS ARTS EDUCATORS TO CONDUCT ONE AND TWO WEEK LONG ARTIST-IN-RESIDENCY PROGRAMS IN SCHOOLS THROUGHOUT NEW ENGLAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Carlo Executive Director (end 5/21) | Officer | 40 | $23,202 |
Bruce Novich Treasurer | OfficerTrustee | 2 | $0 |
Jill Fischmann Vice President | OfficerTrustee | 2 | $0 |
Michele Levy President | OfficerTrustee | 2 | $0 |
Laura Brewer Secretary | OfficerTrustee | 2 | $0 |
Stew Arnold Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $14,303 |
| Related organizations | $0 |
| Government grants | $345,016 |
| All other contributions, gifts, grants, and similar amounts not included above | $390,169 |
| Noncash contributions included in lines 1a–1f | $12,188 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $749,488 |
| Total Program Service Revenue | $1,007,780 |
| Investment income | $21,933 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $12,237 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $16,643 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,808,081 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $92,401 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $26,962 |
| Compensation of current officers, directors, key employees. | $3,306 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $564,106 |
| Pension plan accruals and contributions | $3,276 |
| Other employee benefits | $33,002 |
| Payroll taxes | $44,473 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $410 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $47,817 |
| Advertising and promotion | $8,863 |
| Office expenses | $125,128 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $61,805 |
| Travel | $5,170 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $75,485 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $191,624 |
| Insurance | $59,457 |
| All other expenses | $0 |
| Total functional expenses | $1,455,158 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $631,924 |
| Savings and temporary cash investments | $68,325 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $63,466 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $25,410 |
| Prepaid expenses and deferred charges | $30,943 |
| Net Land, buildings, and equipment | $4,324,685 |
| Investments—publicly traded securities | $323,469 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,468,222 |
| Accounts payable and accrued expenses | $28,374 |
| Grants payable | $0 |
| Deferred revenue | $18,748 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $60,000 |
| Secured mortgages and notes payable | $1,890,384 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,997,506 |
| Net assets without donor restrictions | $3,048,983 |
| Net assets with donor restrictions | $421,733 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,468,222 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Circus Barn Incorporated has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Vermont Council On The Arts Inc Montpelier, VT PURPOSE: GENERAL PURPOSE | $15,000 |
David And Barbara B Hirschhorn Foundation Inc Baltimore, MD PURPOSE: GENERAL SUPPORT | $5,000 |
Endowment Analysis
| Beg. Balance | $176,712 |
| Earnings | $90,244 |
| Net Contributions | $92,185 |
| Ending Balance | $359,141 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
School Of American Ballet Inc New York, NY | $111,037,435 | $21,205,372 |
Society Of The Third Street Music School Settlement Inc New York, NY | $23,512,540 | $9,331,737 |
Professional Childrens School Inc New York, NY | $20,795,903 | $7,913,959 |
Elaine Kaufman Cultural Center-Lucy Moses School For Music And Dance New York, NY | $27,086,297 | $8,434,600 |
Usdan Center For The Creative And Performing Arts Wheatley Heights, NY | $9,094,063 | $7,842,834 |
The Brooklyn Queens Conservatory Of Music Brooklyn, NY | $5,364,852 | $5,242,264 |
South Shore Conservatory Of Music Inc Hingham, MA | $8,426,542 | $4,813,797 |
Hoff Barthelson Music School Scarsdale, NY | $5,808,540 | $3,629,362 |
David Hochstein Memorial Music School Inc Rochester, NY | $9,075,130 | $4,251,000 |
Diller-Quaile School Of Music Inc New York, NY | $7,580,711 | $3,116,050 |
Friends Of The Mozartina Musical Arts Conservatory Inc Tarrytown, NY | $3,401,359 | $3,102,362 |
Music Conservatory Of Westchester White Plains, NY | $10,040,121 | $4,269,048 |