Circus of the Star

“A copy of the 990 is emailed to all board members in advance of the meeting, and any questions are addressed at the board meeting prior to filing with the irs.”

“The purpose of the conflict of interest policy is to protect this corporation in transactions or arrangements that, directly or indirectly, benefit any officer, director or member of a committee of the corporation or result in a possible excess benefit transaction. Duty to disclose: in connection with any actual or possible conflict of interest, the interested person must fully disclose to the board of directors the financial interest in the manner and to the extent required by the board of directors. Determining whether a conflict of interest exists: after full disclosure of the financial interest to the board of directors, and after any discussion with the interested person, the interested person shall leave the board of directors meeting while the remaining members of the board of directors determines whether a conflict of interest exists. Procedures for addressing the conflict of interest: a. An interested person may make a presentation at the board of directors meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. B. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the board of directors shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the corporation's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement.”

“The executive committee of the board is involved in the process, although the chair takes the lead. The compensation determination process was completed in august 2023. The primary benchmarking tool that is used is an annual salary and wages survey compiled by the mn council of non-profits. Compensation and benefits information for positions/job descriptions in minnesota based non-profits is presented in summary form. The responsibilities and accomplishments of the executive director and artistic director are compared to other leadership positions in the survey as well as specific positions in twin cities arts organizations. The executive committee agrees to a compensation recommendation that is taken to the entire board. The entire board votes on that recommendation as part of the annual budget approval process. Although the executive director and artistic director are members of the board, they cannot vote on this issue.”

“The organization makes its articles of incorporation, bylaws, conflict of interest policy and financial statements available to the public upon request.”

“Circus juventas, a performing arts circus school for youth, is dedicated to inspiring artistry and self-confidence through a multi-cultural circus arts experience.”