2022-11-15T13:37:42-06:00 2021-12-31 010494526 Baker Newman & Noyes PO Box 507 Portland ME 04112 990 2021-01-01 237352665 The Circus Barn Inc CIRC 8025337443 1 Circus Road Greensboro VT 05841 Steve MacQueen Executive Artistic Director 8025337443 2022-11-14 1 Steve MacQueen 999009999 Nicholas E Porto P01310283 2078792100 2022-11-14 0 AAL1 IAL1 2021 2022-09-23 18:48:47Z Circus Smirkus Steve MacQueen 1 Circus Road Greensboro VT 05841 1824897 0 X https://www.smirkus.org/ X 1974 VT 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. 14 14 76 25 0 0 1180448 749488 406638 1007780 14774 21933 22584 28880 1624444 1808081 14000 92401 0 0 769254 671819 0 0 58460 574348 690938 1357602 1455158 266842 352923 5269346 5468222 2151553 1997506 3117793 3470716 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. 0 0 547514 92401 944013 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. 630368 56480 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. 14309 23930 Circus Smirkus subcontracts with circus arts educators to conduct one and two week long artist-in-residency programs in schools throughout New England. 1192191 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 14 0 1 76 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X Steve MacQueen 8025337443 1 Circus Road Greensboro VT 05841 Stew Arnold Director 2.00 0.00 X 0 0 0 Beth Binns Director 2.00 0.00 X 0 0 0 Tristan Cunningham Director 2.00 0.00 X 0 0 0 Claire Grimble Director 2.00 0.00 X 0 0 0 Bob Grove Director 2.00 0.00 X 0 0 0 Kate Hayes Director 2.00 0.00 X 0 0 0 Brian Miron Director 2.00 0.00 X 0 0 0 Miriam Rosenblum Director 2.00 0.00 X 0 0 0 Dan Seideman Director 2.00 0.00 X 0 0 0 Joshua Wachs Director 2.00 0.00 X 0 0 0 Michele Levy President 2.00 0.00 X X 0 0 0 Jill Fischmann Vice President 2.00 0.00 X X 0 0 0 Bruce Novich Treasurer 2.00 0.00 X X 0 0 0 Laura Brewer Secretary 2.00 0.00 X X 0 0 0 Jennifer Carlo Executive Director (end 5/21) 40.00 0.00 X 23202 0 3760 23202 0 3760 0 0 0 0 0 14303 345016 390169 12188 749488 Tuition 711190 944013 944013 Ticket Sales 711110 31470 31470 Residencies 711110 23930 23930 Performing Services 711110 7383 7383 Miscellaneous Revenue 711190 984 984 1007780 21933 21933 16825 14303 4588 12237 12237 28871 12228 16643 16643 1808081 1024423 0 34170 92401 92401 26962 22243 3306 1413 564106 465383 69164 29559 3276 2025 1147 104 33002 20402 11551 1049 44473 27493 15567 1413 410 410 47817 11182 32181 4454 8863 8863 125128 65255 39405 20468 61805 50637 11168 5170 4142 1028 75485 75458 27 191624 181187 10437 59457 52575 6882 Participant Food & Lodg 70138 70138 Production Equipment 25931 25931 Vehicles 19110 16876 2234 1455158 1192191 204507 58460 538635 631924 68325 25 63466 25528 25410 34680 30943 6465036 2140351 4493766 4324685 323469 176712 5269346 5468222 26106 28374 165236 18748 60000 1916171 1890384 44040 2151553 1997506 X 2763013 3048983 354780 421733 3117793 3470716 5269346 5468222 352923 0 X X 0 1 X 1 0 X 455673 485770 562952 1180448 749488 3434331 2048738 2138349 2164224 429222 1024423 7804956 2504411 2624119 2727176 1609670 1773911 11239287 36750 36930 60000 31712 165392 55603 80841 185984 147262 469690 92353 117771 185984 207262 31712 635082 10604205 9685 14774 21933 46392 9685 14774 21933 46392 21220 12237 33457 2504411 2624119 2758081 1624444 1808081 11319136 0.93680 0.94280 0.00410 0.00200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 176712 92185 90244 359141 90859 75835 10018 176712 77604 3675 9580 90859 77604 77604 0.00000 0.00000 1.00000 0 0 305028 305028 4498765 872014 3626751 650441 330324 320117 1010802 938013 72789 4324685 X 1720268 4588 4588 1715680 92401 92401 1808081 1367345 4588 4588 1362757 92401 92401 1455158 Part V, Line 4: Endowment fund earnings are to be used to fund scholarships for tour troupers and campers. Part X, Line 2: The Organization is exempt from federal and state income tax under section 501(c)(3) of the Internal Revenue Code. Accordingly, no provision for income taxes has been recorded in the financial statements. Tax-exempt organizations could be required to record an obligation for income taxes as the result of a tax position they have historically taken on various tax exposure items including unrelated business income or tax status. Under guidance issued by the Financial Accounting Standards Board (FASB), assets and liabilities are established for uncertain tax positions taken or positions expected to be taken in income tax returns when such positions are judged to not meet the "more-likely-than-not" threshold, based upon the technical merits of the position. Part XI, Line 2d - Other Adjustments: Fundraising Event Expenses 4,588. Part XI, Line 4b - Other Adjustments: Scholarship expense netted with revenue 92,401. Part XII, Line 2d - Other Adjustments: Fundraising Event Expenses 4,588. Part XII, Line 4b - Other Adjustments: Scholarship expense netted with revenue 92,401. Gala 31128 14303 16825 4588 31128 14303 16825 4588 4588 12237 1 Scholarships 57 92401 Part I, Line 2: Scholarship applicants are reviewed by an oversight committee. Dan Seideman Board Member Zero Interest Angel Loan Program X 10000 10000 0 1 1 Marvin Wang Board Member Zero Interest Angel Loan Program X 10000 10000 0 1 1 Ben Winship Former Board Member Zero Interest Angel Loan Program X 20000 20000 0 1 1 Jane Fisher Former President Zero Interest Angel Loan Program X 20000 20000 0 1 1 60000 Michele Levy Board Chair 15706 Andrew Levy, the husband of Board Chair Michele Levy, was employed by the organization in 2021 as the Tour Operations & Concessions Manager. 0 Schedule L, Part II Due to financial and cash constraints brought on by the pandemic, the Organization entered into borrowing arrangements with certain current and former board members to provide the Organization with liquidity to meet its expenditure needs. The loans bear interest at 0% and are due to be paid back to the individuals listed in Schedule L, Part II in consecutive yearly installments beginning in 2023 through 2025. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an outside independent accountant. A draft of the Form 990 is reviewed by management and the board finance committee prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The conflict of interest policy is reviewed annually. Any potential conflicts are discussed and the board member does not participate in the discussion or vote if there is a conflict. Form 990, Part VI, Section B, line 15 The Executive Director's salary was determined by the full board, taking into account compensation in previous years, comparative executive salary data, and the overall budget. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part XII, Line 2c: The Organization engaged a new independent CPA firm to perform an audit of its financial statements but the review and oversight process has not changed since the prior year.