Page 5 Summer 1993
Highlights of the Board of Director's Conference Call April
29, 1993
Present:
Perry Rubenfeld, Erin Briard, Deena Frooman, Art Jennings, Jek
Kelly, Paul Kyprie, Steven Salberg, Norman Schneiderman, Richard
Dingman, Bill Giduz, Ginny Rose.
Ongoing
negotiations with the Hertzberg Museum continue through Art
Jennings. A lot of material is already in place in the museum and
more is expected... Past minutes are being researched so that a
policy manual can be developed for the IJA... A proposal for a
"Juggler's Journal" is in the works. The BOD is waiting to
receive this proposal to see if it can be added as a publication. ..
It was confirmed unanimously that Bill Giduz receive the
Extraordinary Service to the IJA Award.
The
1994 IJA Festival will be held in Burlington, Vermont
(unanimous decision) . . .People who have signing authority on any
accounts, or who deal with IJA money, are now bonded for
$100,000... Discussed two outstanding debts to the IJA, one
from a bounced cheque received in Montreal and the other from money
owed by a company who sold our videotapes in Europe. Our CAO and
secretary / treasurer will continue to try and recover these
amounts... Profit from Las Vegas Festival was put into Life Member
Fund. The Moratorium on Life Memberships remains.
Salberg is continuing to look into music rights and will report in Fargo... Guinness juggling records will now administered through the BOD or its representative. Perry has been in contact with Guinness in Europe and will forward info to all directors... The BOD voted to award Jahnathon Whitfield the "Excellence in Education Award" . . . The BOD voted to give the IJA Award of Excellence to Gregory Popovich in Fargo (unanimous)... The budget as presented by our CAO was approved (unanimously)... The number of directors for the 1993-94 juggling year was set at seven ( unanimously). . . Advertising will be done in new areas to increase our membership base.
CAO's
Report by
Norman Schneiderman Chief
Administrative Officer
First,
let me apologize for an error in the financial statement in the last
issue. Due to a computer error (and we all know where they come
from!) the expenses were printed as $340,273. They should be
$340,611, and the net profit is $23,523, not the $23,861 reported.
I
have corrected the error in the spreadsheet, which I built to
summarize the six-page financial statements for the year end (which
did not include the above error). Secondly, the number of members
was also incorrect due to a software glitch in the membership
program. The membership for 1992 was 2,900. The software glitch is
also corrected.
The
following will help clear up confusion regarding the Las Vegas Mini
Festival income. (See "The Curmudgeon Speaks" in the
letters section.) The $2,425 fees
collected for the festival
represent preregistration in 1992. The balance of fees, which were
collected at the festival in January 1993, was $2,580. Hence, the
total festival income was $5,005. Total expense for the mini
festival was $1,540.46, leaving a net profit of $3,464.54. This
amount was paid in April to the Life Member Fund to help retire our
debt to it.
Regarding
the financial management of the IJA, I believe that the current
administration has not only uncovered the true state of affairs of
the association and reported it to the membership, but is taking
positive steps to correct management and protect the members.
All
accounting and administrative work is current and running smoothly,
due to the diligent efforts of Richard Dingman. The Fargo Festival
is quickly drawing near and we are expecting a great success, due to
the efforts of Ginny Rose, festival coordinator, and the many
volunteers helping her. And, of course, Juggler's World is here
thanks to the untiring efforts of Bill Giduz.
In
my position as Chief Administrative Officer I am aware of, and have
access to, all the business practices of the association, and I am
willing and eager to hear from members and answer any questions you
may have. Please contact me at Halifax NS; Canada.
Winterfest
II Set For Vegas in January Don't
miss a fun-filled week in the desert at the IJA's second annual
Winter Festival in Las Vegas! The dates are set for Sunday, Jan. 2
through Friday, Jan. 7, 1994 at the Showboat Hotel. Room rates are
$22 per night (plus tax) for one or two people. Registration
information will be in the fall issue of Juggler's World. Burlington,
Vt., Gets the Nod As 1994 Summer Site The IJA's 47th Annual Juggling Festival will be in Burlington, Vt., Tuesday, Aug. 9 through Sunday, Aug. 14, 1994. Burlington is a small town with abundant natural beauty, outstanding facilities and wonderful attractions located on the shores of Lake Champlain and near the Green Mountains. It's a perfect site for the jugglers and non-jugglers in the family. |
Financial
Report - First Quarter 1993 |
|||
INCOME |
1993 |
1992
Variance |
|
Affiliates |
25 |
200 |
(175) |
Festival
(main) |
745 |
518 |
227 |
Las
Vegas Festival |
2,580 |
0 |
2,580 |
Donations |
90 |
212 |
(122) |
Membership
Dues |
16.459 |
15,180 |
1,279 |
Life
Membership Dues |
0 |
0 |
0 |
Life
Member Fund Interest 154 |
436 |
(282) |
|
Juggler's
World Ads |
2,411 |
3,269 |
(858) |
Merchandise
Sold |
132 |
168 |
(35) |
JW
Back Issues |
335 |
207 |
128 |
Miscellaneous
Income |
0 |
0 |
0 |
Auction |
0 |
0 |
0 |
Shipping |
337 |
659 |
(323) |
Video
Sales |
4,680 |
7,119 |
(2439) |
TOTAL |
27,947 |
27,967 |
(20) |
EXPENSES |
|
|
|
Juggler's
World |
13,429 |
9,827 |
3,601 |
Operating
Expenses |
15,506 |
20,852 |
(5,346) |
Festival
Expenses |
7,740 |
8,864 |
(1,124) |
Mini
Fest Expenses |
1,371 |
0 |
1,371 |
TOTAL |
38,045 |
39,543 |
(1,498) |
NET
PROFIT (LOSS) |
(10.098) |
(11.576) |
1.478 |
CASH |
46,979 |
31,258 |
15,720 |
LIFE
MEMBER FUND |
41,639 |
35,722 |
5,916 |
TOTAL
FIXED ASSETS |
1,355 |
1,355 |
0 |
INVENTORY |
8,253 |
7,184 |
1,069 |
TOTAL
ASSETS |
$98.225 |
$75.520 |
$22.705 |
"So, what are your hobbies, Henry?" |