The Englert CIVIC Theatre Inc

“The organization's finance committee was provided a draft copy of form 990 for review purposes. The committee conducts a thorough review of the 990 and advises the preparer of any changes to make prior to completion of the final copy of the 990. Final changes are then made by the preparer. The president of the organization then does a final general review of the completed form 990 approves it by his/her signing and dating form 8879 -eo and returning that form to the preparer for e-filing of form 990.”

“Any director, officer, or key staff who has a direct or indirect financial interest is an interested perosn. "key staff" includes the positions of managing director, executive director, and other positions the board may later include by resolution. A financial interest is not necessarily a conflict of interest. A person who has a financial interest may have a conflict of interest only if the appropriate governing board or committee decides that a conflict of interest exists. 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. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose as actual or possible conflict of interest, it shall take appropriately disciplinary and corrective action.”

“The executive committee reviews salaries, which are based on, but not limited to, compensation paid by comparable organizations, employee performance evaluations, and other comparable data of similar excempt organizations. The executive committee then makes its recommendation to the full board of directors. If the board of directors approves the recommended salaries, the approved salaries are incorporated into the budget.”

“The organization makes its governing documents and financial statements available to the public upon specific request. The applicable materials are either mailed or emailed to the requesting person, or that person can inspect the documents and/or materials at the office of the organization during normal business hours.”

“Provided a community performance space in order to: provide a wide-range of diverse programming in the performing arts; highlight the talents of local performers, artists, and ensembles; and enhance the vitality of iowa city's downtown by preserving its last historic theatre.”