Msa & Circus Arts EIN 27-0009779

Msa & Circus Arts

EIN  27-0009779 Public charity (501(c)(3)) Chicago, IL
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Size
$100K–1M
What they do
Teaches sport acrobatics and circus arts through classes and camps led by professional performers.
Leadership
Money in and out
$426K revenue, $473K expenses
Bottom line
72% program efficiency

Teaches sport acrobatics and circus arts through classes and camps led by professional performers. For fiscal year 2024 it reported $426K in revenue, $473K in expenses, and $127K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$426K
Pt VIII · Ln 12
Total expenses
$473K
Pt IX · Ln 25
Net assets
$127K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$47K
Where spending went · Part IX cols B–D
Program services $0.72 Management & general $0.28
Program efficiency
72%
of spending reaches programs▲ +48% vs prior filing year
Operating runway
4.8mo
months of highly liquid reserves at operating expense rate▼ -8% vs prior filing year
Surplus margin
-11%
revenue over expenses, this year▼ -158% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$426K
FY2024▲ +2%
Expenses
$473K
FY2024▲ +40%
Total assets
$194K
FY2024▲ +26%
Total liabilities
$67K
FY2024
Total revenue
$426K
Pt VIII · Ln 12
Total expenses
$473K
Pt IX · Ln 25
Net assets
$127K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$47K
Total assetsPt X · Ln 16$194K
Program-expense ratioPt IX · col B72%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $340K of program spending, described in the organization's own filed words · FY2024.
01

Community outreach

$340Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMsa & Circus Arts
EINHdr · item D27-0009779
Principal addressHdr · item CChicago, IL
WebsiteHdr · item Jmsacircusarts.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N80)
Ruling yearIRS BMFJun 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue100%$426K
Total revenueLn 12$426K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.72 Management & general $0.28
Program services72%$340K
Management & general28%$132K
Total functional expensesLn 25$473K

Balance Sheet

Part X · end of year
CashLn 1$188K
Total assetsLn 16$194K
Total liabilitiesLn 26$67K
Total net assetsLn 32$127K
Months of cash on handcomputed4.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $188K · Operating expenses/yr $473K
4.8 months
Where the money goes
Program services
Program services $340K · Total expenses $473K
72%
Management & General
Management & general $132K · Total expenses $473K
28%
Fundraising
Fundraising $0 · Total expenses $473K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $426K
0%
Government reliance
Government grants — · Total revenue $426K
Earned-income share
Program service revenue $426K · Total revenue $426K
100%
Investment reliance
Investment income $0 · Total revenue $426K
0%
Program self-sufficiency
Program service revenue $426K · Total expenses $473K
90%
Growth & trend
Revenue growth (YoY)
This year $426K · Prior year $418K
+2%
Revenue CAGR
FY2020 $92K · FY2024 $426K
+47%
Net-asset trend (YoY)
End of year $127K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $426K · Expenses $473K
-11%
Liabilities-to-Assets
Total liabilities — · Total assets $194K
Net-asset ratio
Net assets $127K · Total assets $194K
66%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $194K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Almas Meirmanov · Reported title CEO · Highest reported compensation $0 · Total expenses $473K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $102K · Total expenses $473K
22%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 72%
Overhead ratio 28%
Revenue growth 2%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$426K revenue · viewing · ⤓ 990 PDF
FY2023$418K revenue · ⤓ 990 PDF
FY2022$350K revenue · ⤓ 990 PDF
FY2021$210K revenue · ⤓ 990 PDF
FY2020$92K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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