Kimmel Center Inc.

“Review of form 990: form 990 is prepared by an international accounting firm under the direction of the organization's finance staff. It is reviewed in depth by the audit committee of the organization's board of directors which meet with the finance staff and the independent tax preparers/advisors to perform this review. A copy of the form 990 is then given to each member of the board of directors and a reasonable amount of time is granted for comments. Thereafter, the form 990 is filed with the internal revenue service.”

“Conflict of interest policy: kimmel center, inc. Regularly and consistently monitors and enforces compliance with its conflict of interest policy. The center's bylaws prescribe rules for defining, reporting and otherwise dealing with conflicts of interest by members of the board of directors and their household members. This is a responsibility of the chair of the board. The center also has a conflict of interest policy which applies to all employees and their immediate family members. Kimmel center's corporate officers are responsible for determining whether a conflict exists and insuring that all transactions are handled appropriately under this policy.”

“Review of compensation: process for determining compensation of the chief executive officer: the ceo receives an annual performance evaluation completed by the chair of the board of directors and the chair of the human resources & compensation committee. Ceo performance and compensation are also reviewed at a meeting of the full board of directors. Only those members of the board who are free of conflicts of interest may be involved in the evaluation of ceo compensation. In determining ceo compensation, the chair reviews national and local compensation studies of comparable organizations and considers individual and organizational performance against goals. The executive committee keeps a record of the meetings and discussions relative to ceo compensation. The justification for recommended adjustments is appropriately documented. Process for determining compensation of other officers or key employees: the compensation of other officers and key employees is determined by the chief executive officer based on prevailing compensation for these positions at comparable organizations both locally and nationally as well as performance against individual and organizational goals.”

“Governing Documents The Kimmel Center makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Number of individuals receiving a form w-2 in 2018 the total number of individuals employed who received a form w-2 in 2018 was 1048, including current and former employees. Of these, 650 were seasonal, part-time employees who earned less than $10,000 each. There were 135 full-time employees including: stage hands, box office, security, administrative, facilities, marketing, fundraising and programming employees.”