The Circus Barn Incorporated

Tax-deductible

Greensboro, VT501(c)(3)Arts & CultureEIN 23-7352665

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.

501(c)(3) charity; gifts are tax-deductible.
73¢ of each $1 spent went to programs.
Run by 25 volunteers and 76 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $12K a year · under 1% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$79K
to officers and key staff · 3% of spending
Top officer’s pay lower than 83% of similar orgs
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.4 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
7
named funders · $237K
Looks good: 7 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.8M
40% of total assets
Looks good: liabilities are 40% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.8M
+3% vs prior year
Spent
$2.9M
To programs
73%
Net assets
$2.7M
By yearFY2020–FY2024
Revenue
$2.8M
FY2024▲ +3%
Revenue by fiscal year
FY2020$1.6M
FY2021$1.8M
FY2022$2.3M
FY2023$2.7M
FY2024$2.8M
Expenses
$2.9M
FY2024▼ -2%
Expenses by fiscal year
FY2020$1.4M
FY2021$1.5M
FY2022$2.6M
FY2023$3.0M
FY2024$2.9M
Net assets
$2.7M
FY2024▼ -7%
Net assets by fiscal year
FY2020$3.1M
FY2021$3.5M
FY2022$3.2M
FY2023$2.9M
FY2024$2.7M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1974.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $2.1M Management & general 26% · $759K Fundraising 1% · $37K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

12 people listed on the 990; $79K paid to officers and key staff.

Part VII, Section A · reportable compensation
Ex. & Artistic Director
$78,641Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A

Rachel Schiffer’s $79K as Ex. & Artistic Director is at the 17th percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jennifer Carlo————$93,584
Rachel Schiffer$78,641$75,021———
Steve Macqueen——$65,148——
Amity L Ollis————$44,385
Jennifer Carlo———$23,202—
Tristan Cunningham——$1,300——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II4 listed

Programs and updates

Promotes circus skills, culture, and traditions, inspiring youth in life-changing adventures.

Provided by the organization

This section is blank until The Circus Barn Incorporated claims this page.

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3 program services account for $2.1M of program spending, described in the organization's own filed words · FY2024.
01

Big Top Tour

Each summer an auditioned company of "smirkus troupers", ages 12-18, travels new england for a two-month performance tour backed by professional coaches, cooks, musicians and crew. Shows take place under a 700-SEAT, one-ring, european-style big top and help raise money for community presenters.

$1.3Mprogram expense
02

Smirkus Camp

Circus smirkus offers a variety of overnight camp sessions for youth of all ages and skill levels under our big top tents at our smirkus camp campus in greensboro, VT. Sessions this year range from two days to 5 weeks for kids aged 5-18.

$783Kprogram expense
03

School Residencies

Circus smirkus works with professional circus arts educators to conduct one- and two-week long artist-in-residence programs in schools and after school settings throughout new england. Teaching is aligned with sel principles where students are given a hands-on opportunity to develop concentration, focus, and persistence.

$18Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 7 funders →
Grants paid · 3 grants · $254K · 2021–2022
Unitemized GrantFY2022$80,555
Unitemized GrantFY2022$80,555
Unitemized GrantFY2021$92,401

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.8M
Ln 12
Fees for servicesLn 2g$2.0M
Gifts and grantsLn 1h$539K
Other incomeLn 4–11$136K
Money outPt IX
$2.9M
Ln 25
Programscol B$2.1M
Managementcol C$759K
Fundraisingcol D$37K
Owns and owesPt X
$2.7M
net assets · Ln 32
Cash and savingsLn 1–2$101K
Total assetsLn 16$4.5M
LiabilitiesLn 26$1.8M
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$539K
Noncash giftsLn 1g$55K
Fees for servicesLn 2g$2.0M
Investment incomeLn 3$47K
Other incomeLn 4–11$136K
Gains on assetsLn 7$33K
Total revenueLn 12$2.8M
Assets in detailPt X, end of year
CashLn 1$47K
SavingsLn 2$54K
Cash and savings togetherLn 1–2$101K
InvestmentsLn 11–13$358K
Land, buildings, equipmentLn 10c$4.0M
Total assetsLn 16$4.5M
LiabilitiesLn 26$1.8M
Net assetsLn 32$2.7M
OperationsPt I, VI
EmployeesI 576
VolunteersI 625
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$209K$101K
InvestmentsLn 11–13$361K$358K
Land, buildings, equipmentLn 10c$4.1M$4.0M
Total assetsLn 16$4.7M$4.5M
LiabilitiesLn 26$1.8M$1.8M
Net assetsLn 32$2.9M$2.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$80K$80K
Pay of current officers, directors and key staffLn 5$79K$20K$39K$20K
Other salaries and wagesLn 7$1.1M$775K$339K
Other employee benefitsLn 9$103K$5K$97K$1K
Payroll taxesLn 10$116K$75K$40K$473
Legal feesLn 11b$6K$6K
Accounting feesLn 11c$18K$18K
Other fees for servicesLn 11g$100K$82K$10K$8K
Advertising and promotionLn 12$78K$8K$68K$2K
Office expensesLn 13$72K$23K$43K$5K
OccupancyLn 16$85K$59K$26K
TravelLn 17$28K$26K$2K
InterestLn 20$64K$62K$2K
Depreciation, depletion and amortizationLn 22$181K$171K$10K
InsuranceLn 23$116K$61K$55K
Other expenses (24a–d)Ln 24$600K$599K$1K$409
All other expensesLn 24e$58K$55K$2K$99
Total functional expensesLn 25$2.9M$2.1M$759K$37K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $2.8M$2.9M−$144K$2.7M 990 PDF
FY2023 $2.7M$3.0M−$284K$2.9M 990 PDF
FY2022 $2.3M$2.6M−$253K$3.2M 990 PDF
FY2021 $1.8M$1.5M$353K$3.5M 990 PDF
FY2020 $1.6M$1.4M$267K$3.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $2,752,601 across 8 lines filed
Lines not itemized here account for $133,157 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$539,045
VIII-1g Noncash contributions (included above)$55,174
VIII-1h Total contributions, gifts and grants$539,045
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,030,686$2,030,686
VIII-3 Investment incomeExcluded from tax $14,749$14,749
VIII-7 Net gain or loss on sales of assetsExcluded from tax $32,559$32,559
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,405$2,405
VIII-12 Total revenueRelated to mission $2,166,248 · Unrelated business $0 · Excluded from tax $47,308$2,752,601
Part IX · Statement of functional expenses $2,896,901 across 17 lines filed
IX-2 Grants to domestic individualsPrograms $79,585$79,585
IX-5 Pay of current officers, directors and key staffPrograms $20,000 · Management $38,641 · Fundraising $20,000$78,641
IX-7 Other salaries and wagesPrograms $774,699 · Management $338,950$1,113,649
IX-9 Other employee benefitsPrograms $5,432 · Management $96,729 · Fundraising $1,133$103,294
IX-10 Payroll taxesPrograms $74,962 · Management $40,326 · Fundraising $473$115,761
IX-11b Legal feesManagement $5,840$5,840
IX-11c Accounting feesManagement $18,000$18,000
IX-11g Other fees for servicesPrograms $81,969 · Management $10,171 · Fundraising $7,689$99,829
IX-12 Advertising and promotionPrograms $7,841 · Management $68,018 · Fundraising $1,822$77,681
IX-13 Office expensesPrograms $23,373 · Management $43,279 · Fundraising $5,401$72,053
IX-16 OccupancyPrograms $58,943 · Management $26,199$85,142
IX-17 TravelPrograms $25,965 · Management $2,396$28,361
IX-20 InterestPrograms $61,542 · Management $2,431$63,973
IX-22 Depreciation, depletion and amortizationPrograms $171,367 · Management $10,128$181,495
IX-23 InsurancePrograms $60,801 · Management $54,779$115,580
IX-24 Other expenses (24a–d)Programs $598,632 · Management $1,345 · Fundraising $409$600,386
IX-24e All other expensesPrograms $55,483 · Management $2,049 · Fundraising $99$57,631
IX-25 Total functional expensesPrograms $2,100,594 · Management $759,281 · Fundraising $37,026$2,896,901
Part X · Balance sheet $4,498,203 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $53,805$47,062
X-2 Savings and temporary cash investmentsStart of year $154,728$53,993
X-4 Accounts receivableStart of year $9,176$20,374
X-8 Inventories for sale or useStart of year $13,776$19,469
X-9 Prepaid expenses and deferred chargesStart of year $11,691$13,347
X-10c Land, buildings and equipment, netStart of year $4,117,628$3,985,912
X-11 Publicly traded securitiesStart of year $361,395$358,046
X-16 Total assetsStart of year $4,722,199$4,498,203
X-17 Accounts payable and accrued expensesStart of year $32,474$26,335
X-19 Deferred revenueStart of year $106,547$149,437
X-26 Total liabilitiesStart of year $1,813,700$1,790,297
X-27 Net assets without donor restrictionsStart of year $2,525,770$2,344,281
X-28 Net assets with donor restrictionsStart of year $382,729$363,625
X-32 Total net assets or fund balancesStart of year $2,908,499$2,707,906
X-33 Total liabilities and net assetsStart of year $4,722,199$4,498,203
Part XI · Reconciliation of net assets $2,707,906 net assets at year end
XI-1 Total revenue$2,752,601
XI-2 Total expenses$2,896,901
XI-3 Revenue less expenses−$144,300
XI-4 Net assets at start of year$2,908,499
XI-5 Net unrealized gains (losses) on investments−$18,449
XI-8 Prior period adjustments−$37,844
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,707,906

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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