Amda Inc (American Musical and Dramatic Academy & Subsidiaries)

“David martin, president and jan martin, vice president of the corporation, have a family relationship.”

“Amda process for review of the annual form 990: 1. Each year, our independent auditor prepares a draft of the form 990, with input from the chief financial officer. 2. The draft is reviewed by the cfo and the executive director. 3. The draft is reviewed by all members of the board of directors. 4. Any necessary changes are sent to the independent auditor to update the form. 5. Once all necessary changes are made and the cfo and executive director are in agreement with the board of directors on the completed 990, it will be signed by the cfo, dated and submitted by the filing deadline. 6. All members of the board of directors must email the cfo to acknowledge the review of the 990 and approve the filing. A verbal approval is acceptable if presented to the cfo or executive director. The cfo or executive director must record the verbal approval as a memo to the file. 7. The cfo prepares a memorandum for the file each year describing the above process, including all email approvals and memos of any verbal approvals. The cfo and executive director must all include a memo to the file noting they have approved the 990 to be filed.”

“Individuals covered by the amda conflict of interest policy are asked to annually disclose to the chair of the board of directors via the amda conflict of interest policy form their interests that could give rise to conflicts of interest. This disclosure could include a list of family members, business or investment holdings, and other transactions or affiliations with businesses and other organizations or those of family members, in which an individual or their family may benefit financially. Individuals covered by the amda conflict of interest policy are the board of directors, executive directors, and chief financial officer. For each conflict of interest disclosed to the chair of the board of directors, the chairman will: 1. Decide no action is necessary. 2. Assure full disclosure to the rest of the board of directors and officers and all covered under the policy. 3. Ask the person to recuse from participation in related discussions or decisions. 4. Ask the person to resign from his or her position. 5. Remove the person from his or her position. The executive directors, and chief financial officer will monitor ongoing transactions for conflicts of interest and disclose them to the chair of the board of directors in order to deal with the potential or actual conflicts, whether discovered before or after the transaction has occurred.”

“Annually, the board of directors approves all compensation for the executive directors, chief financial officer. The compensation for each is reviewed and approved using comparable data to similar positions at similar sized organizations. Periodically, a compensation consultant is hired by the board to prepare a compensation analysis. As part of the analysis, the consultant reviews form 990's from other similar types of organizations. A copy of the compensation analysis is distributed to the entire board. All decisions are documented and held by the board chair. This process was last undertaken in fiscal 2014.”

“Amda makes its governing documents, conflict of interest policy, and financial statements available upon request by calling the organization directly or by written request. All requests for information are provided either electronically or in hardcopy form.”

“The american musical and dramatic academy provides two tracks of educational programs to meet the needs of the performing artist. Amda's four-year bfa program offers bachelor of fine arts degrees in four distinct artistic and academic programs: *bachelor of fine arts in acting *bachelor of fine arts in musical theatre *bachelor of fine arts in dance theatre *bachelor of fine arts in performing arts the conservatory program is a two-year certificate program which offers educational training for the performing artist seeking a career in the professional world. The conservatory programs include: *the studio program (studies focus on acting for the stage and screen.) *the integrated program (studies focus on acting, musical theatre, and dance for the performing artist.) *the dance program. (studies focus on multiple dance disciplines along with performing arts electives.) program description: bachelor of fine arts in acting the bachelor of fine arts in acting is a four-year, 120 credit program of study, devised to provide both comprehensive education/training and a solid foundation of liberal arts/general education course work for the performing artist. The performing arts component consists of 90 credits of course work which provides artistic training in acting for stage, film, and television. This comprehensive regimen is designed to prepare students for a career in the performing arts with an emphasis on acting. A sample of the course offerings for the artistic studies include: voice production and speech-foundations and technique; acting foundations; acting for the camera-beginning, intermediate and advanced; acting-scene study; ensemble acting; exploring contemporary theatre; acting styles; stage combat-unarmed; shakespeare; improvisational acting-foundations, techniques, and advanced technique; directing-the actor's experience; acting-advanced scene study; dialects-directed studies; classical repertoire; audition techniques; one-acts; film genre; acting techniques; film survey for the actor-beginning and advanced; industry workshop; stage combat-single sword; musicianship; tv genres; dance and movement for the actor; advanced audition for the camera; advanced techniques and scene applications; directing-the director's experience; short films; audition portfolio-acting; industry and networking; industry event; performance electives/practicum throughout the four-year program designed for the professional development of the artist. A bfa in acting also requires 30 credits of critical studies which broaden the student's education with a diverse curriculum of academic studies. The critical studies, or general education requirements, include courses such as english, humanities, science/technology, and business. These required courses, along with additional electives in the critical studies component, include a wide range of cultural, academic, and historical studies. These classes are specifically designed to further develop the students understanding of the artistic and creative process. The academic coursework for this component of the performer's training further supports the artist's professional career path with a wider diversification of educational and critical studies. The integration of these uniquely designed critical studies courses for the performing artist along with the intensive artistic training in the performing arts and acting combine to provide a comprehensive performance education preparing the graduate for the challenges of the professional world. Program description: bachelor of fine arts in musical theatre the bachelor of fine arts in musical theatre is a four-year, 120 credit program of study, devised to provide both comprehensive education/training and a solid foundation of liberal arts/general education course work for the performing artist. The performing arts component consists of 90 credits of course work which integrates the disciplines of acting, voice, dance, and musical theatre. This comprehensive”

“Change in fair value of interest rate swap -689,840.”

“The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process did not change from the prior year.”

“Amda, inc. Also conducts business using the following dbas: (1) the american musical and dramatic academy (2) amda college and conservatory of the performing arts”