Indianapolis Theatre Fringe Festival Inc.

“The treasurer of the organization reviews the form 990 for accuracy and completeness prior to filing the return. The filed form 990 is then made available to the rest of the board, if they wish to review.”

“The conflict of interest policy and any applicable board member activities are reviewed at the annual board meeting.”

“The board of directors is responsible for determining the salary and compensation for the executive director, which includes a review of comparable data as well as consideration of capacity and overall organization budget.”

“Governing documents, policies and financial statements are available to the public upon request.”

“Performers payout : program service expenses 151,487. Management and general expenses 0. Fundraising expenses 0. Total expenses 151,487. Technical personnel : program service expenses 22,535. Management and general expenses 0. Fundraising expenses 0. Total expenses 22,535. Other outside services : program service expenses 3,029. Management and general expenses 16,540. Fundraising expenses 633. Total expenses 20,202. Contract services production : program service expenses 12,377. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,377.”

“The organization hires an outside cpa firm to prepare the annual compiled financial statements and aid with general accounting needs as applicable. The board of directors has a committee which is responsible for the oversight of this process and selection of the accounting firm. There have been no changes to this process since the prior year.”