The Circus Ring of Fame Foundation Inc
Nonprofit profile at a glance
- EIN
- 650450544
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024
- Location
- Sarasota, FL, USA
- Phone
- 8137162050
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Performing Arts Organizations
Reported finances
- Revenue
- $7,311
- Expenses
- $7,286
- Assets
- $143,129
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- WILLIAM POWELL (PRESIDENT, CHAIR)
People named in this filing
- MICHAEL R PENDER JR (TREASURER)
- KAY ROSAIRE (DIRECTOR)
- KENNETH WACHTER (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To honor those who have made an important contribution to the american circus and preserve the history and traditional values of the circus
What it reported doing in 2024
The circus ring of fame annually recognizes those persons who have made a significant contribution to the circus by installing historical plaques for circus ring of fame honorees at st. Armands circle in sarasota, fl. Visionary circus magnate john ringling purchased the st. Armands key property in 1917 and planned a development which included residential lots and a shopping center laid out in a circle. 2012 marked the 25th anniversary of this time honored tradition.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 30
- Transparency & Controls: 100
- Sustainability: 64
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 30.1%; rating input score 30
- Program expense ratio: 29.6%; rating input score 30
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 0.3%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 19.64; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 10.2% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: 12.9% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: 22.9% per year; rating input score 100; 88th percentile among comparable filings
Details
- Where the money goes: 30.1% of revenue deployed · 29.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $2K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 30/100.
- Moderate — Financial Efficiency: Program expense ratio scored 30/100.
- Moderate — Sustainability: Operating margin scored 46/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.