Filmscene

“The organization's treasurer, executive director and financial manager are provided a draft copy of the form 990 for review purposes. These three individuals conduct a thorough review of the 990 and advise 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 treasurer of the organization then does a final general review of the completed form 990 and approves it by his/her signing of form 8879-eo and returning it to the preparer for filing of form 990.”

“Filmscene has a comprehensive multi-page policy that establishes guidelines, procedures, and requirements for: (a) identifying what qualifies as a conflict of interest and situations that may result in an actual, potential, or perceived conflict of interest; (b) disclosing and addressing any actual, potential, or perceived conflicts of interest in accordance with legal requirements and the goals of accountability and transparency; and (c) correcting a failure for board members to comply with this policy.”

“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.”

“Filmscene's mission is to challenge, inspire, educate, and entertain our diverse communities through the shared discovery of film. Filmscene is iowa city's nonprofit cinema, working in partnership with the bijou film board, a university of iowa student organization, to present films at two locations on five permanent screens and a seasonal outdoor cinema. From our home in downtown iowa city, we enrich the cultural vitality of the surrounding area through community-supported programming that showcases exceptional american and international filmmaking in a vibrant, accessible, equitable, and welcoming space.”

“A prior period adjustment of 88,625 was made as the prior year form 990 did not account for pledge receivables or deferred revenue on an accrual basis. After the prior period adjustments, current year balances are correct and agree to the audited financial statements.”

“COGS 89,070 COGS -89,070”