Cinema Napa Valley

“Form 990 has been reviewed with the executive committee who normally reviews all financial documents and makes recommendations to the governing body.”

“In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists.”

“The board or compensation committee shall obtain and rely upon appropriate data as to comparability prior to approving the terms of compensation. This policy will be used in the future when the organization hires a ceo, executive director, and top management officials.”

“All publicly available documents are provided upon request.”

“During the course of preparing the 2020 returns, it was noted that the board consisted of more directors than allowed by the bylaws. The board, due to multiple board member changes in 2021, is still considering, but has not yet adopted, changes to the bylaws for the number of directors. During the preparation of the 2022 return, a copy of the bylaws amended on 02-14-13 was located. This amendment states: the number of directors shall be not fewer than 11 no more than 19, and collectively they shall be known as the board of directors. Due to the death of the organization's former secretary, an executed copy of the amendment is unavailable. The board will adopt the amended bylaws in 2023 if an executed copy of the amendment is not located.”

“Website and app: program service expenses 4,393. Management and general expenses 0. Fundraising expenses 4,393. Total expenses 8,786. Consultants: program service expenses 63,405. Management and general expenses 3,523. Fundraising expenses 3,523. Total expenses 70,451.”

“Section 1.263(a)-1(f) de minimis safe harbor election cinema napa valley dba napa valley film festival 952 school street, suite 390 napa, ca 94559 employer identification number: 27-1064967 for the year ending december 31, 2022 cinema napa valley is making the de minimis safe harbor election under reg. Sec. 1.263(a)-1(f).”