Washington Improvisational Theater Company

“The prepared form 990 is reviewed by the chair, the treasurer, and the executive director before the return is filed with the irs.”

“Annually all directors and officers complete and sign a statement that provides information regarding their interests and those of their family members that could give rise to conflicts. The members of the governing body make determinations of whether a conflict exists and review actual conflicts. Any person with a conflict is prohibited from participating in the governing body's deliberations and decisions in the transaction.”

“The members of the governing body annually review the artistic and executive director's compensation and monitor and discuss the artistic and executive director's performance throughout the year.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Classroom facilitation services: program service expenses 87,727. Management and general expenses 0. Fundraising expenses 0. Total expenses 87,727. Production and performance support services: program service expenses 46,049. Management and general expenses 0. Fundraising expenses 0. Total expenses 46,049. Graphic design services: program service expenses 5,419. Management and general expenses 3,792. Fundraising expenses 494. Total expenses 9,705. Professional photography services: program service expenses 1,820. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,820.”

“Section 481(a) adjustment for change in overall method of accounting -86,637.”

“Washington improvisational theater changed its overall method of accounting from the cash basis of accounting to the accrual method of accounting.”