Deep Vellum Publishing Inc

“There were no committees during the year which had authority to act on behalf of the full board.”

“The board was provided a draft electronically for final notes or questions, which were then submitted so that any required changes could be made. The board then voted for the executive director to approve and file on behalf of the Organization.”

“The executive director's compensation was determined by the board upon consultation with an independent consultant, review of Forms 990 of other nonprofit publishing houses and literary arts centers in Texas, Minnesota, California, and New York, and consideration of the GuideStar Nonprofit Compensation Report and informal surveys of other publishing industry professionals. This process was last undertaken in June 2020.”

“There are no such individuals.”

“These are available upon request.”

“Prior period adjustment (no material effect on Sch. A) = $104940”

“As noted on the original version of this return, the Organization had undergone a voluntary financial statement audit on a separate basis which was not yet issued. This amended return accounts for changes made as a result of the audit, as listed below (note that fields for totals and other calculated amounts were updated accordingly on the main form and associated schedules as well):--Part IV, Checklist of Required Schedules, Lines 11f and 12a are now marked "Yes" to indicate that the audit was completed.--Part VII, Statement of Revenue, Line 1e was updated to reflect adjusted government grant contributions.--Part IX, Statement of Functional Expenses, Line 15 was updated to reflect adjusted royalty expenses.--Part X, Balance Sheet, Lines 8, 15, and 19 were updated to reflect adjusted inventories, other assets, and deferred revenue, respectively.--Part XI, Reconciliation of Net Assets, Line 9 was updated to reflect a modified prior-period adjustment.--Part XII, Financial Statements and Reporting, Line 2b was updated to reflect that the financial statements were audited by an independent accountant.--Schedule D, Part X was updated to include the text of the footnote regarding the liability for uncertain tax positions.--Schedule D, Parts XI and XII were completed to reconcile the revenue and expenses per the return with the audit.--Schedule O was updated to remove references to the audit being in progress.”