Wilma Theater Inc.

“FORM 990 IS PREPARED BY AN INDEPENDENT AUDITING FIRM ENGAGED BY THE THEATER. UPON COMPLETION OF THIS PREPARATION, FORM 990 IS SENT TO THE GENERAL MANAGER OF THE THEATER FOR DETAILED REVIEW. THE GENERAL MANAGER WILL VERIFY ALL NUMBERS RECORDED IN THE DOCUMENT AS WELL AS REVIEW AND CONFIRM ALL TEXTUAL ITEMS. AFTER THIS REVIEW, THE FORM 990, WITH ANY COMMENTS, IS PASSED ON TO THE MANAGING DIRECTOR OF THE THEATER, WHO THEN DOES A SECOND REVIEW, FOCUSING PRIMARILY ON THE TEXTUAL ITEMS AND OVERALL PRESENTATION AND INTERPRETATION OF THE NUMBERS. ANY COMMENTS OR QUESTIONS ARE RETURNED TO THE PREPARER, ADDRESSED, AND A FINAL DOCUMENT IS provided to THE THEATER.This final draft is sent to the Finance Committee of the Board of Directors for a final review. Upon their review and approval, a final document is sent to the Theater for signature and submission. UPON RECEIPT OF THE FINAL DOCUMENTATION, A COPY OF FORM 990 IS DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF DIRECTORS AS WELL AS BEING FILED WITH THE APPROPRIATE GOVERNMENT ENTITIES.”

“The theater distributes a conflict of interest certification statement to all board members each year at the annual meeting in june. All board members are required to fill out the form and return it to the theater prior to the first meeting of the new fiscal year in september. These certification statements are reviewed in comparison with the previous year's statement for changes and are kept in the management offices for reference.”

“The Theater adopted an executive compensation review policy in June 2009.”

“The theater provides form 990 to the public through another's website (guidestar.org), as well as upon request.”

“All of the governing documents, financial statements,and conflict of interest policies are made available to the public upon request.”

“ARTIST EXPENSES: Program service expenses 87,269. Management and general expenses 0. Fundraising expenses 0. Total expenses 87,269. UTILITIES: Program service expenses 60,725. Management and general expenses 19,612. Fundraising expenses 0. Total expenses 80,337. TEACHER FEES: Program service expenses 68,265. Management and general expenses 2,437. Fundraising expenses 0. Total expenses 70,702. OTHER EXPENSES: Program service expenses 48,436. Management and general expenses 13,606. Fundraising expenses 4,446. Total expenses 66,488. FUNDRAISING EVENTS: Program service expenses 0. Management and general expenses 3,538. Fundraising expenses 59,797. Total expenses 63,335. DUES AND SUBSCRIPTIONS: Program service expenses 0. Management and general expenses 60,831. Fundraising expenses 0. Total expenses 60,831. PRINTING: Program service expenses 0. Management and general expenses 45,961. Fundraising expenses 11,400. Total expenses 57,361. POSTAGE: Program service expenses 0. Management and general expenses 35,586. Fundraising expenses 2,532. Total expenses 38,118. BANK CHARGES: Program service expenses 0. Management and general expenses 30,871. Fundraising expenses 0. Total expenses 30,871. RENTAL EXPENSES: Program service expenses 27,863. Management and general expenses 0. Fundraising expenses 0. Total expenses 27,863. PROGRAM EXPENSE: Program service expenses 0. Management and general expenses 11,665. Fundraising expenses 0. Total expenses 11,665. TELEPHONE: Program service expenses 0. Management and general expenses 10,543. Fundraising expenses 0. Total expenses 10,543. commissions: Program service expenses 10,204. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,204. seminars and conferences: Program service expenses 300. Management and general expenses 8,791. Fundraising expenses 0. Total expenses 9,091. PURCHASED SERVICES: Program service expenses 5,338. Management and general expenses 1,586. Fundraising expenses 0. Total expenses 6,924. PHOTOGRAPHY: Program service expenses 0. Management and general expenses 6,227. Fundraising expenses 0. Total expenses 6,227. CASTING EXPENSES: Program service expenses 433. Management and general expenses 0. Fundraising expenses 0. Total expenses 433.”

“This process has not changed from the prior year.”