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?"

"So, what are your hobbies, Henry?"

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