World Chess Museum Inc.

“Family or business relationships: rex sinquefield has a business relationship with sheila manion and jennifer shahade.”

“Delegation of control of management duties: joy bray of chi chi llc provides the services of general manager for the organization.”

“POWER TO APPOINT MEMBERS: ALL OF THE DIRECTORS SHALL BE ELECTED, DESIGNATED, AND APPROVED BY THE GOVERNING BODY OF THE CHESS CLUB and scholastic center of St. Louis, THE SUPPORTED ORGANIZATION.”

“Decisions subject to approval: the following actions by the governing body are subject to the approval of two-thirds of the full governing body of the chess club, the supported organization: > to establish or change the philosophy, objectives and purposes of the organization; > to approve any sale, purchase, lease or encumbrance of real property; > to amend the articles of incorporation and bylaws of the corporation; > to approve the merger, consolidation, liquidation, or dissolution of the corporation; > to determine the distribution of assets upon liquidation and dissolution in a manner not inconsistent with the articles of incorporation of the organization.”

“REVIEW PROCESS: THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THEN THE RETURN IS PROVIDED TO THE PERSONNEL RESPONSIBLE FOR OVERSIGHT OF THE ORGANIZATION'S FINANCES. THese PERSONNEL REVIEW THE DRAFT OF THE RETURN AND SUBMIT THE DRAFT TO THE BOARD. THE BOARD OF DIRECTORS IS PROVIDED A COPY OF THE FORM 990 FOR REVIEW PRIOR TO FILING WITH THE IRS.”

“Compliance with conflict of interest policy: all members of the governing board are required to complete a conflict of interest statement annually. The policy covers any director, officer, manager, key employee, or member of a committee with governing board delegated power, who has a direct or indirect financial interest in an entity that contracts with the organization. The actual conflict will be reviewed at the governing board meeting and the person with a conflict will be prohibited from the discussion of and voting on the conflict.”

“Process for determining compensation: the board has established a compensation committee made up of independent members to annually review and approve the compensation of the directors and certain senior staff members. As part of the process, the committee reviews comparable compensation and benefits data of similar organizations, along with performance results of the organization.”

“Availability of organization's governing documents: the organization makes the articles of incorporation and audited financial statements available upon request.”

“Artist Fees: Program service expenses 29,450. Management and general expenses 0. Fundraising expenses 0. Total expenses 29,450. Audio/Visual: Program service expenses 19,677. Management and general expenses 0. Fundraising expenses 4,179. Total expenses 23,856. Consulting: Program service expenses 44,200. Management and general expenses 0. Fundraising expenses 0. Total expenses 44,200. Curator: Program service expenses 16,694. Management and general expenses 0. Fundraising expenses 0. Total expenses 16,694. Exhibit Install/Deinstall: Program service expenses 490. Management and general expenses 0. Fundraising expenses 0. Total expenses 490. Moving Contractor: Program service expenses 26,886. Management and general expenses 0. Fundraising expenses 0. Total expenses 26,886. Outside Contract Services: Program service expenses 4,370. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,370. Payroll Processing Fee: Program service expenses 0. Management and general expenses 4,456. Fundraising expenses 0. Total expenses 4,456. Photography: Program service expenses 25,810. Management and general expenses 0. Fundraising expenses 150. Total expenses 25,960. Public Relations: Program service expenses 14,181. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,181. Printing: Program service expenses 52,308. Management and general expenses 0. Fundraising expenses 107. Total expenses 52,415. Research: Program service expenses 2,052. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,052. Security: Program service expenses 43,644. Management and general expenses 0. Fundraising expenses 0. Total expenses 43,644. Signage: Program service expenses 5,133. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,133. Transportation/Shipping: Program service expenses 39,965. Management and general expenses 0. Fundraising expenses 0. Total expenses 39,965. Valet Parking: Program service expenses 1,426. Management and general expenses 0. Fundraising expenses 159. Total expenses 1,585. Miscellaneous Outside Services: Program service expenses 19,074. Management and general expenses 0. Fundraising expenses 1,693. Total expenses 20,767.”