2013-06-12T11:48:38-05:00 2012-07-31 271728945 O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2011-08-01 132906037 THE BIG APPLE CIRCUS LTD BIGA 2122682500 ONE METROTECH CENTER NO 3RD FL BROOKLYN NY 11201 LYNN M STIRRUP 2122682500 2013-06-12 1 GARRETT M HIGGINS CPA P00543209 2122862600 2011 2016-02-24 21:20:13Z LYNN M STIRRUP ONE METROTECH CENTER NO 3RD FL BROOKLYN NY 11201 19429226 0 X WWW.BIGAPPLECIRCUS.ORG X 1977 NY THE CREATION AND PERFORMANCE OF AN ANNUAL PRODUCTION HAS ALWAYS BEEN THE CENTRAL ACTIVITY FOR THE CIRCUS. THIS PRODUCTION ASSURES THE ORGANIZATION'S ARTISTIC INTEGRITY AND GUIDES THE DEVELOPMENT OF ITS FIVE COMMUNITY OUTREACH PROGRAMS. EACH YEAR, THE CIRCUS USES ITS INTERCULTURAL APPEAL AS THE BASIS FOR OUTREACH TO DIVERSE AUDIENCES, TRANSFORMING THE CIRCUS ACTS INTO A RESOURCE FOR PHYSICALLY AND ECONOMICALLY DISADVANTAGED COMMUNITIES. FIVE OUTREACH PROGRAMS, CLOWN CARE, VAUDEVILLE CARAVAN, CIRCUS OF THE SENSES, CIRCUS FOR ALL! AND CIRCUS AFTER SCHOOL, CONTINUE TO BRING THE ARTISTRY OF THE CIRCUS TO SPECIAL AUDIENCES, UNDER THE BIG TOP, AND IN HOSPITALS AND COMMUNITY CENTERS. IN IT'S 33ND SEASON, THE BIG APPLE CIRCUS EMBRACED ITS ROLE AS NEW YORK'S "HOME TOWN" CIRCUS. THE SHOW TOURED FOR 40 WEEKS AND REACHED 8 LOCATIONS FOR A TOTAL OF 360 PERFORMANCES. 24 20 646 57 105065 -37654 6971437 3445479 11925734 12989458 114132 112468 733640 1255090 19744943 17802495 0 0 0 0 8186927 7872902 0 0 584503 9546427 10703789 17733354 18576691 2011589 -774196 9512562 7305580 5803268 4379350 3709294 2926230 X THE MISSION OF THE BIG APPLE CIRCUS IS TO INVIGORATE AUDIENCES WITH THE JOY AND WONDER OF CLASSICAL CIRCUS. AN ACCLAIMED SHOWCASE FOR PERFORMANCE TRADITIONS FROM CULTURES AROUND THE WORLD, THE BIG APPLE CIRCUS IS A DISTINCTLY NEW YORK INSTITUTION. EMBRACED BY GENERATIONS SINCE ITS FIRST PERFORMANCE IN LOWER MANHATTAN IN 1977, THE BIG APPLE CIRCUS LAUNCHED AN AMERICAN REVIVAL OF THE CLASSICAL CIRCUS. THE CIRCUS'S LOCATION IN NEW YORK IS PRECISELY THE REASON IT HAS FLOURISHED FOR OVER THREE DECADES, PERPETUATING AN INTERNATIONAL ART FORM IN ONE OF THE WORLD'S KEY URBAN CENTERS. 0 0 14822601 11979590 CIRCUS PERFORMING UNITTHE PERFORMING UNIT OF THE BIG APPLE CIRCUS IS THE DIVISION OF THE COMPANY THAT BRINGS THE ARTISTIC PRODUCTION(THE SHOW) TO VARIOUS COMMUNITIES IN A YEARLY, MULTI YEAR TOUR. THE PERFORMING UNIT COMPRISES THE PERFORMANCE FACILITY(CONSISTING OF A BIG TOP TENT, ONE THOUSAND SEVEN HUNDRED AND TWENTY THREE (1,723) BLEACHER AND CHAIR SEATS, LIGHTING AND SOUND EQUIPMENT, AND PROPS, SET AND OTHER EQUIPMENT INCIDENTAL TO THE SHOW) AND TRAILERS CONTAINING GENERATORS THAT FURNISH ELECTRICAL POWER TO THE CIRCUS, LIVING ACCOMMODATIONS FOR CIRCUS PERSONNEL, TOILET FACILITIES FOR SPECTATORS, CONCESSIONS SELLING FOOD AND SOUVENIR ITEMS SELECTED BY THE CIRCUS, UNITS USED AS HOUSING FOR ANIMALS, AND FOR STORAGE, AMONG OTHERS.A STAFF OF MORE THAN 100 PEOPLE IS NECESSARY TO OPERATE THE UNIT, INCLUDING PERFORMING ARTISTS,OPERATIONS STAFF, AND ALL TECHNICAL PERSONNEL THAT ARE NECESSARY TO INSTALL, OPERATE, MOVE AND REMOVE THE PERFORMANCE FACILITY AND OTHER EQUIPMENT AS THE CIRCUS MAY USE INCIDENT TO THE SHOW.THERE IS ALSO BOX OFFICE AND ADMINISTRATIVE STAFF, I.E., PERSONNEL SUCH AS MANAGERS, USHERS, TICKET TAKERS,AND OTHER PERSONNEL SUFFICIENT, IN THE CIRCUS'JUDGEMENT, TO PROVIDE FOR THE ORDERELY SEATING AND HANDLING OF THE SPECTATORS AND FOR THE PROPER OCCUPANCY OF THE CIRCUS ON THE SITE. 1424844 904803 CLOWN CARETHE BIG APPLE CIRCUS CLOWN CARE PROGRAM, A COMMUNITY OUTREACH PROGRAM OF THE BIG APPLE CIRCUS,SERVES HOSPITIALIZED CHILDREN IN 14 PREEMINENT PEDIATRIC FACILITIES NATIONWIDE. WHILE CLINICAL STAFF TREAT CHILDREN'S DISEASES,OUR NEARLY 65 CLOWN CARE CLOWN DOCTORS PARTNER WITH THEM TO MAKE FUN AND HUMOR PART OF THE STANDARD OF CARE. USING JUGGLING, MIME, MAGIC, AND MUSIC OUR CLOWN DOCTORS MAKE MORE THAN 200,000 VISITS ANNUALLY, WORKING ONE TO FIVE DAYS EACH WEEK, YEAR ROUND."A CHILD'S NATURAL NEED TO LAUGH CAN GET LOST IN THE TANGLE OF HOSPITAL PROCEDURES, TECHNOLOGIES, AND STRUCTURES, " SAYS MICHAEL CHRISTENSEN, CO-FOUNDER OF THE BIG APPLE CIRCUS, WHO CREATED THE CLOWN CARE PROGRAM IN 1986.PROFESSIONAL DOCTORS OF DELIGHT CONDUCT CLOWN ROUNDS, A PARODY OF MEDICAL ROUNDS WHERE LAUGHTER IS THE CHIEF MEDICAL TREATMENT. WEARING WHITE COATS AND ASSUMING SILLY NAMES, THE CLOWNS WORK IN TEAMS OF TWO, WITH A SUPERVISING CLOWN ON EACH TEAM. MASTERS OF GENTLE PARODY, CLOWN DOCTORS CAN EXAGGERATE INTIMIDATING MEDICAL JARGON AND PROCEDURES TO HUMOROUS EXTREMES, DISSIPATING FEAR AND ANXIETY IN THE PROCESS. IN CLASSICAL CIRCUS, UNDER A BIG TOP TENT, THE RINGMASTER, AS THE AUTHORITY FIGURE, IS THE FOCUS OF PARODY; IN THE HOSPITAL, THE DOCTORS, RULES, AND PROCEDURES BECOME THE NATURAL TARGETS OF LOVING IRREVERENCE. THE CLOWN DOCTORS PERFORM THEIR OWN SPECIALIZED PROCEDURES AT BEDSIDES, SUCH AS RED NOSE TRANSPLANTS AND KITTY CAT SCANS. OUR GOAL IS TO EMPOWER HOSPITALIZED CHILDREN, MAKING THEM THE BOSSES OF THE CLOWNS, AND ENCOURAGING THEM TO DIRECT THE ACTION.LIKE THEIR MEDICAL COLLEAGUES, CLOWN DOCTORS ARE HIGHLY SKILLED PRACTITIONERS OF THEIR PROFESSION - FUNNY BUSINESS. EACH MEMBER OF CLOWN CARE IS A PROFESSIONAL ARTIST - NOT A VOLUNTEER - SELECTED BY INTENSIVE AUDITIONS FOR HIGH-QUALITY ARTISTRY AND SENSITIVITY. CLOWN CARE THE PROVIDES THE PERFORMERS WITH TRAINING TO PREPARE THEM TO WORK IN THE HOSPITALS, LEARNING PROPER HYGIENE AND HOSPITAL PROTOCOL. MEDICAL STAFF AT EVERY HOST HOSPITAL RECOGNIZE THE VALUE OF THE CLOWN DOCTORS. "THE CLOWN CARE PROGRAM IS AN INTEGRAL PART OF THE HEALING PROCESS FOR CHILDREN WHO COME TO THE NEW YORK - PRESBYTERIAN. THE CLOWN UNIT PROVIDES A UNIQUE WAY TO REDUCE THE STRESS ASSOCIATED WITH BEING IN THE HOSPITAL. BEING ABLE TO BRING A SMILE TO THE FACE OF A SICK CHILD CLEARLY COMPLEMENTS THE EXECELLENT CARE PROVIDED BY OUR DOCTORS AND NURSES. WE ARE THRILLED TO INCLUDE THE CLOWN CARE PROGRAM AS PART OF OUR TEAM,SAID GERALD M LOUGHLIN, MD, PEDIATRICIAN IN CHIEF AT THE NEW YORK-PRESBYTERIAN PHYLLIS AND DAVID KOMANSKY CENTER FOR CHILDREN'S HEALTH.WORKING IN CLOSE PARTNERSHIP WITH THE MEDICAL, NURSING, AND CHILD LIFE STAFF AT EVERY HOST HOSPITAL, CLOWN CARE TAILORS ITS PROGRAM TO MEET THE NEED OF EACH FACILITY. CLOWN DOCTORS VISIT CHILDREN IN PEDIATRIC SERVICES THROUGHOUT THE HOSPITAL. THESE INCLUDE THE INPATIENT AREAS, INTENSIVE CARE UNITS, PRE-AND POST-OPERATIVE SURGERY, EMERGENCY ROOMS PHYSICAL THERAPY, BONE MARROW TRANSPARENT, PEDIATRIC AIDS, AND OUTPATIENT AND ACUTE CARE CLINICS.CURRENTLY CLOWN CARE PROGRAM OPERATES IN:ATLANTA, GA: CHILDREN'S HEALTHCARE OF ATLANTA, SCOTTISH-RITE CHILDREN'S HOSPITAL, EGLESTON CHILDREN'S HOSPITAL, HUGHES SPALDINGBALTIMORE, MD: JOHN HOPKINS CHILDREN'S CENTERBOSTON, MA: CHILDREN'S HOSPITAL OF BOSTONCHICAGO, IL: LA RABIDA CHILDREN'S HOSPITALLIVINGSTON, NJ: SAINT BARNABAS REGIONAL MEDICAL CENTERMIAMI, FL: MIAMI CHILDREN'S HOSPITALNEW HAVEN, CT: YALE NEW HAVEN CHILDREN'S HOSPITALNEW YORK, NY: MEMORIAL SLOAN-KETTERING CANCER CENTER, HARLEM HOSPITAL, BRONX LEBANON HOSPITAL CENTERPROVIDENCE, RI: HASBRO CHILDREN'S HOSPITALWASHINGTON, D.C.: CHILDREN'S NATIONAL MEDICAL CENTER IN ADDITON TO ITS HOSPITAL PROGRAMS, THE BIG APPLE CIRCUS' VAUDEVILLE CARAVAN PROGRAM PROVIDES PROFESSIONAL PERFORMERS,DRESSED AS ICONIC ENTERTAINMENT CHARACTERS LIKE A COWGIRL OR AN ELVIS IMPERSONATOR, TO ACTIVELY ENGAGE AND EMPOWER ELDERS IN RESIDENTIAL CARE FACILITIES IN CHICAGO AND NEW YORK. CLOWN CARE ALSO OPERATES A CLOWNS-IN-RESIDENCE PROGRAM EVERY SUMMER AT THE LATE ACTOR AND PHILANTHROPIST PAUL NEWMAN'S HOLE IN THE WALL GANG CAMP IN CONNECTICUT, SERVING CHILDREN WITH CANCER AND OTHER LIFE-THREATENING ILLNESSES. THE CLOWN CARE PROGRAM PLANS TO CONTINUE ITS EXPANSION TO OTHER PREEMINENT CHILDREN'S HOSPITALS AND COMMUNITY FACILITIES. INTERNATIONALLY, SIMILAR PROGRAMS UNRELATED TO THE BIG APPLE CIRCUS, CREATED BY INDIVIDUALS WHO WERE TRAINED IN THE CLOWN CARE METHODOLOGY, WERE IMPLEMENTED IN HOSPITALS IN SAO PAULO, BRAZIL; PARIS, FRANCE; AND WIESBADEN, GERMANY.BIG APPLE CIRCUS CLOWN CARE IS A COMMUNITY OUTREACH PROGRAM OF THE BIG APPLE CIRCUS, A NOT-FOR-PROFIT PERFORMING ARTS INSTITUTION. OUR MISSION IS TO INVIGORATE THE COMMUNITIES WE SERVE WITH THE JOY AND WONDER OF CLASSICAL CIRCUS THROUGH A UNIQUE SHARED EXPERIENCE WE CREATE IN OUR TENT AND THROUGH DEDICATED OUTREACH PROGRAMS IN HEALTH CARE FACILITIES AND THE COMMUNITY WHICH INCLUDE CLOWN CARE, VANDEVILLE CARAVAN, CIRCUS AFTER-SCHOOL, CIRCUS FOR ALL AND CIRCUS FOR THE SENSES. CLOWN CARE IS SUPPORTED IN PART BY OUR PARTNER HOSPITALS AND ALSO BY GIFTS FROM INDIVIDUALS, FOUNDATIONS, AND CORPORATIONS. 55084 BEYOND THE RING/CIRCUS AFTER SCHOOLTHE BIG APPLE CIRCUS OFFERS A 12-WEEK OR 24-WEEK INSTRUCTIONAL UNIT TO APPROXIMATELY 30 SCHOOL AGE STUDENTS ON SITE AT A PARTNER AGENCY'S FACILITY, BE IT A COMMUNITY CENTER OR A SCHOOL FACILITY. THE PROGRAMS MEET TWICE A WEEK FOR TWO HOURS PER SESSION. OUR STUDENTS LEARN THE BASICS OF CIRCUS ARTS INCLUDING JUGGLING, ACROBATICS, AND CLOWNING. EACH INSTRUCTOR IS AN EXPERIENCED CIRCUS EDUCATOR AND CAN TEACH AT LEAST TWO SKILLS. FOR THE FIRST FEW WEEKS, CHILDREN ARE GIVEN AN OPPORTUNITY TO LEARN AND PRACTICE A VARIETY OF DIFFERENT SKILLS. IN A SINGLE 12-WEEK UNIT, THE INSTRUCTORS ASSESS THE CHILDREN'S RANGE OF SKILLS HALF WAY THROUGH THE SESSION AND BEGIN PLANNING A 30- MINUTE SHOW.CIRCUS AFTER SCHOOL IS THE ONLY CIRCUS ARTS PROGRAM IN AMERICA THAT IS DIRECTLY RUN BY A PROFESSIONAL TOURING CIRCUS. AS SUCH, OUR STUDENTS HAVE THE DISTINCT OPPORTUNITY OF ATTENDING A LIVE PERFORMANCE OF THE BIG APPLE CIRCUS, INTERACTING WITH OUR PROFESSIONAL PERFORMERS, AND TAKING ADVANTAGE OF OTHER CIRCUS RESOURCES, SUCH AS CUSTOMES, SETS, AND CREATIVE EXPERTISE. IN ADDITION, SOME OF OUR STUDENTS ARE OCCASIONALLY INVITED TO PERFORM IN THE RING FOR SPECIAL EVENTS.OUR CIRCUS AFTER SCHOOL PROGRAM WILL ENGAGE CHILDREN IN A POSTIVE ACTIVITY DURING THE AFTER SCHOOL HOURS, PROVIDING A SAFE, SUPPORTIVE, AND FUN ENVIRONMENT FOR CHILDREN. BEYOND THE CIRCUS SKILLS THEMSELVES, CHILDREN WILL DERIVE MORE UNIVERSAL, TRANSFERABLE EDUCATIONAL BENEFITS FROM THE PROGRAM.SPECIFICALLY, CIRCUS AFTER SCHOOL WILL:1. ENCOURAGE PHYSICAL ACTIVITY AND IMPROVE ENDURANCE, BALANCE AND STRENGTH2. TEACH THE VALUE OF TEAMWORK AND THE JOY OF CELEBRATING EACH OTHER'S ACCOMPLISHMENTS3. ENCOURAGE SETTING AMBITIOUS GOALS FOR THEMSELVES AND ENVISIONING SUCCESS.4. DEMONSTRATE THAT THROUGH HARD WORK AND CONSISTENT PRACTICE, CHILDREN CAN MASTER NEW SKILLS AND ACCOMPLISH THEIR GOALS.5. GIVE CHILDREN THE OPPORTUNITY TO PERFORM NEW SKILLS FOR AN AUDIENCE.6. THROUGH THE DISCIPLINE OF JUGGLING AND OTHER TYPES OF OBJECT MANIPULATION, IMPROVE CHILDREN'S FOCUS AND CONCENTRATIONMOST IMPORTANTLY, WE HOPE THAT CIRCUS AFTER SCHOOL WILL BE A TRANSFORMATIVE EDUCATIONAL EXPERIENCE FOR THE CHILDREN. WE BELIEVE THAT THE SKILLS AND EXPERIENCES WILL TRANSLATE INTO OTHER AREAS OF THEIR LIVES POSTIVELY AFFECTING THEIR SELF-CONTROL AND SELF-ESTEEM AND THEREBY IMPROVING THEIR ABILITY TO REACH THEIR LONG-TERM GOALS. 16302529 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 51 0 646 1 1 1 0 0 0 0 1 1 0 0 0 0 X 24 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X PAUL BELANGER CFO 6466166809 ONE METROTECH CENTER THIRD FLOOR BROOKLYN NY 11201 CHRIS WEARING 4.00 X X 0 0 0 THOMAS ROBARDS 4.00 X X 0 0 0 LEIGH A BONNEY 4.00 X X 0 0 0 MARY JANE BROCK 4.00 X X 0 0 0 DANIEL H STERN 4.00 X X 0 0 0 PAUL BINDER 40.00 X 169344 0 6391 MICHAEL CHRISTENSEN 40.00 X 164713 0 6216 GUILLAUME DUFRESNOY 40.00 X 135386 0 5110 JAMES ZANKEL 2.00 X X 0 0 0 AMY CHURGIN 2.00 X 0 0 0 PAUL GOLDENHEIM MD 2.00 X 0 0 0 PETER T GRAUER 2.00 X 0 0 0 RONNIE GROSS 2.00 X 0 0 0 ROBIN HENRY 2.00 X 0 0 0 MATT HILTZIK 2.00 X 0 0 0 LINDA F VOGEL KAPLAN 2.00 X 0 0 0 MARC LASRY 2.00 X 0 0 0 URSULA LOWERRE 2.00 X 0 0 0 RICK MAYBERRY 2.00 X 0 0 0 DAVID ROCKWELL 2.00 X 0 0 0 SAMANTHA RUDIN EARLS 2.00 X 0 0 0 MARK J SCHWARTZ 2.00 X 0 0 0 WENDY SIEGEL 2.00 X 0 0 0 SEANA WOOD 2.00 X 0 0 0 KIM LADOTA BOZZELLA 2.00 X 0 0 0 HOLLIS FORBES 2.00 X 0 0 0 SHERMAN MELONI 2.00 X 0 0 0 OLIVIA METZGER 2.00 X 0 0 0 ANNA QUINDLEN 2.00 X 0 0 0 RICHARD ROBERTS 2.00 X 0 0 0 JOHN SUYDAM 2.00 X 0 0 0 LYNN M STIRRUP 40.00 X X 0 0 0 MARTHA LORD 40.00 X X 43465 0 1641 JUDITH LEVENTHAL 40.00 X 127363 0 4807 JAMES ROPER 40.00 X 108856 0 4109 BARRY LUBIN 40.00 X 162500 0 6133 MEGAN O'NEIL 40.00 X 158681 0 5988 1070308 0 40395 5 0 1 0 SERINO COYNE INC 1515 BROADWAY NEW YORK NY 10036 MARKETING 863945 LINCOLN CENTERCENTERCHARGE 70 LINCOLN CENTER PLAZA NEW YORK NY 10023 SITE RENTAL 667004 AUDIENCEVIEW TICKETING 425 ADELAIDE ST WEST 10TH FL TORONTO ONTARIO CA M5V 3C1 TICKETING SERVICE 385022 BANKDIRECT CAPITAL FINANCE 2 CONWAY PK 150 N FIELD DR LAKE FOREST IL 60045 LIABILITY INSURANCE 279376 KARL'S EVENT SERVICE 55 MONTGOMERY STREET BELLEVILLE NJ 07109 EVENT PLANNING 192500 15 584215 252245 2609019 3445479 PERFORMING INCOME 711190 11979590 11979590 CLOWN CARE 711190 904803 904803 CIRCUS TO GO 711190 105065 105065 12989458 73645 73645 312743 8000 281920 0 30823 8000 38823 38823 546150 584215 140327 405823 405823 1960986 1204484 756502 756502 OTHER INCOME 711190 92765 92765 92765 17802495 12884393 105065 1367558 828570 664276 126868 37426 6059366 5109603 658537 291226 423039 358405 22433 42201 561927 476073 29798 56056 34150 34150 55000 55000 40000 40000 13384 13384 436726 144410 220920 71396 2898052 2898052 330264 251775 60417 18072 21128 14067 3538 3523 1532426 1459048 73378 228893 217702 11191 6217 4129 1046 1042 180166 114764 65402 678082 678082 357571 268178 89393 PRODUCTION 3084813 3084813 EQUIPMENT RENTAL AND RE 391627 358541 33086 MISCELLANEOUS 148875 69992 26513 52370 BAD DEBT 135796 135796 130619 130619 18576691 16302529 1689659 584503 420703 252695 218296 516498 1352514 55600 236855 64007 42291 20150 441288 270462 17344683 12281791 5718636 5062892 864397 944569 130006 113067 87576 5640 9512562 7305580 2650811 2064252 655791 555387 2496666 1759711 5803268 4379350 X -815314 -301959 1873374 555000 2651234 2673189 3709294 2926230 9512562 7305580 X -774196 -8868 X X 0 1 1 X 0 X 4635060 4225263 4222291 6971437 3445479 23499530 17712558 15537101 14023533 11787035 13430543 72490770 2584632 2127477 2040891 1817747 1960986 10531733 24932250 21889841 20286715 20576219 18837008 106522033 1020305 890073 488948 1113590 334300 3847216 67800 167500 235300 1088105 1057573 488948 1113590 334300 4082516 102439517 77570 24568 3165 37607 73645 216555 15106 27129 13726 55961 92676 51697 16891 37607 73645 272516 98860 113411 89419 215045 92765 609500 25123786 22054949 20393025 20828871 19003418 107404049 0.95380 0.94320 0.00250 0.01000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 40000 0 0 40000 0 EXPLANATION OF LOBBYING ACTIVITIES: PART II-B, LINE 1: THE ORGANIZATION ENGAGED SERVICES OF PROFESSIONAL LOBBYISTS TO ASSIST WITH GOVERNMENT AND COMMUNITY RELATIONS AND RELATIONSHIP MARKETING FOR THE BIG APPLE CIRCUS IN BOSTON. 1125771 82216 1207987 1193378 116484 -184091 1125771 1697895 1000000 -4517 1500000 1193378 1697895 22529 22529 1697895 0.00000 0.92980 0.07020 0 0 373787 373787 3438017 3438017 1118082 1118082 7915584 8035986 -120402 4499213 4245805 253408 5062892 17802495 18576691 -774196 -8868 -8868 -783064 17649624 -8868 -8868 17658492 13384 130619 144003 17802495 18432688 0 18432688 13384 130619 144003 18576691 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE USE OF THE ENDOWMENT FUND IS BASED ON THE DONOR SPECIFIED USE OF THE FUNDS (SUPPORTING A SPECIFIC PROGRAM SUCH AS CLOWN CARE OR TO SUPPORT PROGRAM OR OPERATING EXPENSES OF THE ORGANIZATION'S CHOICE) AND IN SOME CASES THE DONORS SPECIFIED AN INVESTMENT POLICY (HOW IT IS TO BE INVESTED). IN ALL CASES THE EARNINGS FROM THE ENDOWMENT FUNDS SUPPORT GENERAL OPERATING AND SPECIFIC PROGRAM COSTS OF THE ORGANIZATION THAT ADVANCE THE MISSION OF THE ORGANIZATION. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE CIRCUS RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE CIRCUS HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE CIRCUS IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2008. PART XII, LINE 4B - OTHER ADJUSTMENTS: CIRCUS TO GO EXPENSES 130,619. PART XIII, LINE 4B - OTHER ADJUSTMENTS: CIRCUS TO GO EXPENSES 130,619. FALL GALA 1130365 584215 546150 35000 65655 520 39152 1130365 584215 546150 35000 65655 520 39152 140327 405823 X X X X 0 0 0 0 0 0 0 0 0 PAUL BINDER 169344 0 0 0 0 0 0 0 6391 0 175735 0 0 0 MICHAEL CHRISTENSEN 164713 0 0 0 0 0 0 0 6216 0 170929 0 0 0 BARRY LUBIN 162500 0 0 0 0 0 0 0 6133 0 168633 0 0 0 MEGAN O'NEIL 158681 0 0 0 0 0 0 0 5988 0 164669 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS WILL REVIEW AND APPROVE THE IRS FORM 990 BEFORE IT IS FILED. IT WILL BE DISTRIBUTED TO THEM ELECTRONICALLY. THE FINANCE COMMITTEE WILL MEMORIALIZE THEIR REVIEW IN THE FINANCE COMMITTEE MINUTES. THE CHAIR OF THE FINANCE COMMITTEE WILL REPORT THE REVIEW AND APPROVAL AND ANY RELEVANT FINDINGS TO THE BOARD OF DIRECTORS DURING THE BOARD OF DIRECTOR'S SUBSEQUENT MEETING. COPIES OF THE FORM 990 WILL BE DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF DIRECTORS ELECTRONICALLY BEFORE THE FORM IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS MEMBERS OF THE BOARD OF DIRECTORS AND KEY EMPLOYEES. ALL KEY EMPLOYEES AND ALL MEMBERS OF THE BOARD OF DIRECTORS NEED TO RENEW THEIR CERTIFICATION OF COMPLIANCE ON AN ANNUAL BASIS. IF AT ANY TIME DURING HIS OR HER TERM OF SERVICE, A DIRECTOR OR KEY EMPLOYEE ACQUIRES ANY INTEREST OR OTHERWISE A CIRCUMSTANCE ARISES WHICH MAY POSE A CONFLICT OF INTEREST, THAT INTEREST OR OTHER CONFLICT SHALL BE PROMPTLY DISCLOSED IN WRITING TO THE CHAIR OF THE BOARD. WHEN ANY MATTER FOR DECISION OR APPROVAL COMES BEFORE THE BOARD OR ANY COMMITTEE OF THE BOARD IN WHICH A DIRECTOR HAS AN INTEREST OR OTHER CONFLICT, THAT INTEREST OR OTHER CONFLICT SHALL BE IMMEDIATELY DISCLOSED TO THE BOARD OR RELEVANT COMMITTEE BY THAT DIRECTOR. THE POLICY CALLS FOR THE FOLLOWING DISCLOSURE REQUIREMENTS: 1. DIRECTORS AND KEY EMPLOYEES SHALL DISCLOSE IN WRITING, ANY INTEREST (AS DEFINED BELOW) SUCH PERSON MAY HAVE IN ANY ENTITY WHICH PROVIDES PROFESSIONAL OR OTHER GOODS OR SERVICES TO THE CORPORATION FOR A FEE OR OTHER COMPENSATION 2. ANY POSITION OR OTHER MATERIAL RELATIONSHIP SUCH DIRECTOR OR KEY EMPLOYEES MAY HAVE WITH ANY OTHER NOT-FOR-PROFIT CORPORATION WITH WHICH THE CORPORATION HAS AN ATTORNEY-CLIENT OR OTHER BUSINESS RELATIONSHIP THE CONFLICT OF INTEREST POLICY DEFINES THE FOLLOWING AS RISING TO THE LEVEL OF A POTENTIAL CONFLICT OF INTEREST: 1. IF THE DERIVE A SIGNIFICANT INDIVIDUAL ECONOMIC BENEFIT, EITHER DIRECTLY OR INDIRECTLY, FROM ANY TRANSACTION OR RELATIONSHIP INVOLVING SUCH ENTITY OR ANY DECISION ON A MATTER INVOLVING SUCH ENTITY BY THE BOARD OR A COMMITTEE. THE FOLLOWING RESTRICTIONS WOULD BE IMPOSED ON SUCH PERSONS WITH A CONFLICT: 1. VOTING. NO DIRECTOR SHALL VOTE ON ANY MATTER IN WHICH HE OR SHE HAS A CONFLICT OF INTEREST. 2. NON-PARTICIPATION. ANY DIRECTOR WHO HAS A CONFLICT OF INTEREST IN A MATTER SHALL LEAVE THE ROOM IN WHICH DISCUSSION REGARDING THAT MATTER IS CARRIED ON, IF SO REQUESTED BY THE BOARD OR THE RELEVANT COMMITTEE; PROVIDED, HOWEVER, THAT THE INTERESTED DIRECTOR MAY PARTICIPATE IN ANY DISCUSSION REGARDING HIS OR HER ABSENCE. 3. ATTEMPTS TO INFLUENCE. DIRECTORS SHALL NOT ATTEMPT TO INFLUENCE OTHER DIRECTORS REGARDING MATTERS IN WHICH THEY HAVE A CONFLICT OF INTEREST, WITHOUT FIRST DISCLOSING THAT CONFLICT OF INTEREST. 4. CONTRACT REVIEW COMMITTEE. THE BOARD MAY, IN ITS OWN DISCRETION ESTABLISH A CONTRACT REVIEW COMMITTEE CONSISTING OF AT LEAST THREE (3) DIRECTORS TO REVIEW ANY CONTRACT THAT IS PROPOSED FOR APPROVAL BY THE BOARD RESPECTING WHICH A DIRECTOR OR KEY EMPLOYEE MAY HAVE A CONFLICT OF INTEREST (AN "INTERESTED PARTY CONTRACT"). IF NO CONTRACT REVIEW COMMITTEE HAS BEEN DULY APPOINTED, AT ANY TIME, THE BOARD (NOT INCLUDING THE DIRECTORS HAVING AN INTEREST IN THE APPLICABLE CONTRACT) SHALL SERVE SUCH ROLE. THE CONTRACT REVIEW COMMITTEE OR BOARD SHALL REVIEW THE INTERESTED PARTY CONTRACT AND DETERMINE WHETHER TO AUTHORIZE THE CONTRACT; PROVIDED THAT IF THE CONTRACT IS OF A MAGNITUDE THAT IT WOULD OTHERWISE REQUIRE BOARD APPROVAL, THE CONTRACT REVIEW COMMITTEE SHALL SUBMIT THE CONTRACT TO THE BOARD WITH ITS RECOMMENDATION WHETHER OR NOT TO APPROVE IT. THE CONTRACT REVIEW COMMITTEE OR THE BOARD MUST APPROVE AN INTERESTED PARTY CONTRACT BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS ENTITLED TO VOTE ON THE MATTER. THE CONFLICT OF INTEREST POLICY DEFINES THE FOLLOWING AS RISING TO THE LEVEL OF A POTENTIAL CONFLICT OF INTEREST: IF THEY DERIVE A SIGNIFICANT INDIVIDUAL ECONOMIC BENEFIT, EITHER DIRECTLY OR INDIRECTLY, FROM ANY TRANSACTION OR RELATIONSHIP INVOLVING SUCH ENTITY OR ANY DECISION ON A MATTER INVOLVING SUCH ENTITY BY THE BOARD OR A COMMITTEE. THE FOLLOWING RESTRICTIONS WOULD BE IMPOSED ON SUCH PERSONS WITH A CONFLICT: 1. VOTING. NO DIRECTOR SHALL VOTE ON ANY MATTER IN WHICH HE OR SHE HAS A CONFLICT OF INTEREST. 2. NON-PARTICIPATION. ANY DIRECTOR WHO HAS A CONFLICT OF INTEREST IN A MATTER SHALL LEAVE THE ROOM IN WHICH DISCUSSION REGARDING THAT MATTER IS CARRIED ON, IF SO REQUESTED BY THE BOARD OR THE RELEVANT COMMITTEE; PROVIDED, HOWEVER, THAT THE INTERESTED DIRECTOR MAY PARTICIPATE IN ANY DISCUSSION REGARDING HIS OR HER ABSENCE. 3. ATTEMPTS TO INFLUENCE. DIRECTORS SHALL NOT ATTEMPT TO INFLUENCE OTHER DIRECTORS REGARDING MATTERS IN WHICH THEY HAVE A CONFLICT OF INTEREST, WITHOUT FIRST DISCLOSING THAT CONFLICT OF INTEREST. 4. CONTRACT REVIEW COMMITTEE. THE BOARD MAY, IN ITS OWN DISCRETION ESTABLISH A CONTRACT REVIEW COMMITTEE CONSISTING OF AT LEAST THREE (3) DIRECTORS TO REVIEW ANY CONTRACT THAT IS PROPOSED FOR APPROVAL BY THE BOARD RESPECTING WHICH A DIRECTOR OR KEY EMPLOYEE MAY HAVE A CONFLICT OF INTEREST (AN "INTERESTED PARTY CONTRACT"). IF NO CONTRACT REVIEW COMMITTEE HAS BEEN DULY APPOINTED, AT ANY TIME, THE BOARD (NOT INCLUDING THE DIRECTORS HAVING AN INTEREST IN THE APPLICABLE CONTRACT) SHALL SERVE SUCH ROLE. THE CONTRACT REVIEW COMMITTEE OR BOARD SHALL REVIEW THE INTERESTED PARTY CONTRACT AND DETERMINE WHETHER TO AUTHORIZE THE CONTRACT; PROVIDED THAT IF THE CONTRACT IS OF A MAGNITUDE THAT IT WOULD OTHERWISE REQUIRE BOARD APPROVAL, THE CONTRACT REVIEW COMMITTEE SHALL SUBMIT THE CONTRACT TO THE BOARD WITH ITS RECOMMENDATION WHETHER OR NOT TO APPROVE IT. THE CONTRACT REVIEW COMMITTEE OR THE BOARD MUST APPROVE AN INTERESTED PARTY CONTRACT BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS ENTITLED TO VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 13: THE WHISTLEBLOWER POLICY HAS BEEN IN PLACE FOR MANY YEARS. THE POLICY IS COMMUNICATED TO THE STAFF VIA THE PERSONNEL MANUAL. THE DOCUMENT RETENTION AND DESTRUCTION POLICY WAS REVIEWED BY THE FINANCE COMMITTEE AND ADOPTED BY THE BOARD OF TRUSTEES IN MAY OF 2009. IT WAS THEN COMMUNICATED TO STAFF VIA E-MAIL. THE CONFLICT OF INTEREST POLICY WAS ADOPTED IN 2006. IT IS COMMUNICATED TO THE SENIOR STAFF AND TO THE TRUSTEES AT THE YEAR END MEETING IN JUNE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION UTILIZES A NATIONAL EMPLOYMENT CONSULTING FIRM TO SELECT CEO LEVEL CANDIDATES AND FACILITATE THE HIRING PROCESS. THE CONSULTING FIRM CONDUCTS A MARKET ANALYSIS TO DEVELOP RECOMMENDATIONS FOR EXECUTIVE COMPENSATION BASED UPON THEIR MARKET RESEARCH. WHEN A FINAL CANDIDATE EMERGES FROM THE SELECTION PROCESS, THE CONSULTING GROUP PRESENTS THE CANDIDATE'S RESUME AND COMPENSATION GUIDELINES TO THE RENASSIANCE COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW, DISCUSSION AND APPROVAL. THE COMMITTEE'S DELIBERATIONS, DISCUSSION AND DECISION ARE DOCUMENTED IN THE COMMITEEE MINUTES BY THE COMMITTEE SECRETARY. THIS PROCESS WAS LAST PERFORMED IN MAY 2012 TO FINALIZE THE EMPLOYMENT AND COMPENSATION ARRANGEMENTS FOR THE NEW EXECUTIVE DIRECTOR, WHO ASSUMED HER EXECUTIVE POSITION ON JULY 16, 2012. NO CHANGES TO THE PROCESS FOR DETERMINING EXECUTIVE COMPENSATION WERE MADE IN FY 2011-2012. TO ESTABLISH COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES, THE COMMITTEE CONDUCTED A QUALIFYING TEST FOR KEY EMPLOYEES. THE COMMITTEE DETERMINED THAT THREE (3) EMPLOYEES MET THE CRITERIA: THEY EARNED OVER $150,000 AND HAD THE SIGNIFICANT RESPONSIBILITIES AND AUTHORITY OUTLINED BY THE IRS. THE OTHER OFFICERS AND KEY EMPLOYEES WERE AS FOLLOWS: CHIEF FINANCIAL OFFICER ARTISTIC DIRECTOR FOUNDING ARTISTIC DIRECTOR CO-FOUNDER & CREATIVE DIRECTOR THE COMMITTEE THEN REVIEWED THEIR COMPENSATION. THEY SUBSTANTIATED THE REVIEW WITH THE FOLLOWING INFORMATION: 2007 AND 2008 GUIDESTAR NATIONAL COMPENSATION SURVEY ERI NON-PROFIT COMPARABLES ASSESSOR COMPARISONS FROM SPECIFIC COMPANIES THAT WERE USED RECENTLY AS BENCHMARKS WHEN REVIEWING COMPENSATION FOR THE FOUNDER AND CO-FOUNDER. IN ALL CASES, THERE WAS SUFFICIENT COMPARABLE DATA FROM SIMILAR ORGANIZATIONS. IN NO CASE WAS THE COMPENSATION CONSIDERED TO BE EXCESSIVE. THE BOARD COMMITTEE REVIEWED AND APPROVED THE PROPOSED COMPENSATION FOR THE OTHER OFFICERS AND KEY EMPLOYEES. DELIBERATIONS AND DECISIONS MADE BY THE BOARD COMMITTEE WERE DOCUMENTED IN THE MEETING MINUTES. ON AN ANNUAL BASIS, THE COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS REVIEWED DURING THEIR RESPECTIVE CONTRACT NEGOTIATIONS, BUDGET PREPARATION AND BOARD APPROVAL PROCESSES. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 FOR THE BIG APPLE CIRCUS, LTD. IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE SERVICE CODE AS IT IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR WEBSITES. IN ADDITION, FORMS 990 AND 1023, AS WELL AS THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE AVAILABLE UPON WRITTEN REQUEST OF THE ORGANIZATION AT ONE METROTECH CENTER, BROOKLYN, NY 11201, OR BY CALLING THE ORGANIZATION AT 212-268-2500. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -8,868. OVERSIGHT OF AUDIT PROCESS AND SELECTION OF INDEPENDENT ACCOUNTANT FORM 990, PART XII, LINE 2C THE OVERSIGHT PROCESS FOR THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND THE PROCESS TO SELECT AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PROCESS EMPLOYED IN THE PRIOR YEAR.