The American Theatre Guild

“The executive committee shall consist of all officers. The executive committee may, during intervals between board meetings, exercise all powers and authority of the board. However, the executive committee shall not have the power or authority to: (a) amend the articles of incorporation; (b) adopt an agreement of merger or consolidation; (c) sell, lease or exchange all or most of atg's property and assets; (d) dissolve atg; (e) appoint directors to the board; or (f) approve the annual budget.”

“The form 990 is prepared by an independent accounting firm and reviewed by finance committee. The form is then reviewed at board meeting with independent accounting firm prior to filing with the internal revenue service.”

“The american theatre guild (atg) requires all interested persons, defined as any director, principal officer, or member of a committee of atg with governing board delegated powers, to annually attest 1) they have received a copy of the conflict of interest (coi) policy; 2) they have read and understand the coi policy; 3) they have agreed to comply with the coi policy; and 4) they understand atg is a charitable organization and in order to maintain its tax-exempt status, it must engage in activities which accomplish its exempt purpose. If a transaction is disclosed, the interested person may make a presentation to the governing board or committee members. The transactions are subsequently reviewed by the applicable governing board or committee members to determine if a conflict exists, and the individual involved in such transaction is excused from such review. If necessary, the chairperson of the governing board or committee may appoint a disinterested person or committee to further review or investigate an alternative transaction or arrangement. If the governing board or committee has reasonable cause to believe there was a violation of the coi policy, appropriate disciplinary and corrective action will be taken.”

“The organization maintains a structured and transparent process for determining executive and key employee compensation. A dedicated compensation committee oversees this process and is supported by an external hr consultant who provides market-based compensation surveys. These surveys help benchmark roles against similar positions in comparable nonprofit organizations and industries, often using data from irs form 990 filings. Compensation decisions involve a multi-layered review by three independent parties: the outsourced cfo, the hr consultant, and members of the board of directors. After reviewing the data and recommendations, the board makes the final determination and approval of executive compensation. This decision is then communicated to both the cfo and hr consultant, and all related documentation is securely filed in the executive's personnel record. For key employees, the hr consultant conducts a similar benchmarking analysis, comparing salaries to those in equivalent roles across the nonprofit sector. This ensures compensation remains competitive, equitable, and aligned with industry standards.”

“The governing documents, conflict of interest policy and financial statements are available upon request.”

“The american theatre guild's process did not change from the prior year.”