Philipstown Depot Theatre Inc

“The corporation shall have seven members, five of whom shall be the members from time to time of the town council ("town board") of the town of philipstown (the "town"), one of whom shall be appointed by the recreation commission of the town (the "commission") from among its members, and one shall be appointed by the town board from among the directors of the corporation.”

“At each annual meeting of the members, one class of directors shall be elected.”

“The by-laws may be amended, added to, altered or repealed at any meeting of members.”

“Philipstown depot theatre inc., has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by management and is ready to be filed with the internal revenue service, it is electronically sent to the board for approval. Once the board has approved the return it is filed with the internal revenue service.”

“The purpose of the conflict of interest policy is to protect this corporation's interests when it is contemplating entering into a transaction or arrangement that might benefit. The private interest of an officer or director of the corporation or might result in a possible excess benefit transaction. This policy is intended to supplement but not replace any applicable rate and federal laws governing conflict of interest applicable to nonprofit and charitable organizations. Annually each director, principal officer and member of a committee with board directors signs a statement in which the person confirms that they have reviewed a copy, agreed to comply with the policy, and understand the corporation is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.”

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is also posted on guidestar.org and other similar types of websites. In addition, the form 1023, financial statements, conflict of interest policy, articles of incorporation and by-laws are also available upon written request or by calling the organization directly.”

“Marketing consultants: program service expenses 0. Management and general expenses 0. Fundraising expenses 7,257. Total expenses 7,257. Performers: program service expenses 70,399. Management and general expenses 0. Fundraising expenses 0. Total expenses 70,399.”

“The organization has a committee that is responsible for the oversight of the audit of its financial statements and selection of an independent accountant. The process has not changed from the prior year.”