Classical 98 1

“Form 990 is circulated to the president, treasurer, ceo, and general manager for review before the form is filed with the irs.”

“Upon appointment, each director & principal officer of the organization signs a statement which affirms he/she has received a copy of the conflicts of interest policy, has read and understands the policy and agrees to comply with the policy. A copy of the conflicts of interest policy is also distributed annually to the directors and officers. In addition, periodic reviews are performed to determine that all transactions conform to the organization's written policies.”

“A performance review of the ceo was completed by the board in october of 2019. In 2019 salary increases for key employees were based on merit and performance. No compensation studies were used.”

“The organization makes its governing documents, conflict of interest policy and financial statements available upon written request to the public.”

“Total of other changes in the amount of $20,974 includes the following four items: 1) $18,929 amortization expense: for tax purposes, the organization has elected under code sections 195(b)(1)(b) and 248(a) to capitalize and amortize organizational and start-up costs incurred in 2010. These capitalized costs have not been reflected on the balance sheet included in part x. For generally accepted accounting principle purposes, these costs were expensed in 2010 for the organization's reviewed financial statements. 2) $261 prior year donation/revenue write offs not included for tax purposes. 3) $1,737 in-kind net expenses from use of materials/contributions of services not included for tax purposes. 4) $47 prior year write offs”

“The organization has written document and retention guidelines, but not a formal written policy.”

“Under irc regulation section 1.263(a)-1(f), the taxpayer hereby elects to apply the de minimis safe harbor election for the year ended 12/31/2019. Taxpayer name: classical 98.1 taxpayer address: 363 mercer street, seattle, wa 98109 taxpayer id number: 27-3067797”