Northlight Theatre Inc.

“Minutes are taken at board and finance committee meetings, but not at other meetings.”

“The treasurer or the former treasurer (who is a retired cpa) has been charged with the responsibility to review and approve the return. A copy of the form 990 is provided to all board members prior to filing.”

“Every year each board member signs a document stating whether they are engaged in activities/relationships which might be considered a conflict of interest with the theater. This information is monitored by the director of finance.”

“The executive committee has been charged with the responsibility to review and approve executive salaries on an annual basis using industry surveys as a guide. The executive committee, when meeting for the purpose of determining executive compensation, does not include northlight executives. Results of the meeting are communicated to the executives in the form of an employment contract or renewal, and to the director of finance.”

“These documents are available on request from director of finance.”

“In 2021, the theatre experienced unprecedented challenges with the state-sanctioned closing of in person production operations due to the worldwide pandemic. Management immediately executed a long-term crisis plan and implemented expense-saving cuts, including salary cuts, staff furloughs, rent cuts, work-at-home requirements, extensive budget reductions, and temporary suspension of its subscription and capital campaigns. Management assessed altered revenue projections and pivoted to alternative sources of income, including increased fundraising, nontheatrical production department revenue streams, on-line paid programming, outside special events, and acquisition of state and federal relief grants and loans. The theatre is currently using the crisis to its advantage by building and diversifying the board of directors, adding nine new directors and eight new members to the advisory council. Thanks to the multi-year grant from ralla klepak foundation, the theatre has increased and expanded its on-line education programming for students, doubled its programming with over seven community organizations, and started planning for new accessibility elements for the disabled once the theatre reopens. The theatre is assessing its board governance structure, increasing board involvement through a robust committee reorganization, and building the board's fundraising capabilities. The theatre has presented numerous on-line and paid streaming concerts and plays, presented informational virtual presentations, and increased its communication with its core patrons. The theatre's plan is to restart its new building capital campaign in january 2022, restart its fy 2021-2022 subscription campaign in march 2021, and present on-line programming and special events throughout the winter, spring, and summer. The theatre restored staff salaries in the summer of 2021. The theatre resumed in-person paid performances in the fall of 2021 at the start of its 2021/2022 season with smaller audiences and strict covid-19 regulations. The theatre will continue to seek a federal and state relief for nonprofits and stay focused on preparing for a healthy fiscal return to full operation later in 2022. The plan above is subject to change based on continued uncertainties.”