Fellowship for Performing

“The draft from 990 is first reviewed by the finance committee and financial management and then reviewed by the board. Copies of the completed form 990 as filed are made available to the board members.”

“The organization has a formal conflict of interest policy adopted by the board of directors. This policy provides that in connection with any actual or possible conflict of interest, all directors and officers must disclose the existence of his or her financial interest and must be given the opportunity to disclose all material facts to the directors and members of the committees with board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the board or committee meeting while the determination of a conflict of interest is discussed and voted upon. An interested person may make a presentation at the board or committee meeting, but after such presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The remaining board or committee members shall decide if a conflict of interest exists. The policy provides that each director, principal officer and member of a committee with board delegated powers shall annually sign a statement which affirms, among other things, the following: - that they have received a copy of the conflict of interest policy, - that they have read and understands the policy, and - that they have agreed to comply with the policy.”

“In order to review max mclean's compensation, the organization uses the guidestar compensation data compiled from irs form 990 for non-profit organizations. The data is filtered and modeled to reflect theater companies of similar size in the new york metropolitan area. This is then compared to max mclean's compensation history. This study is completed every two years and was last completed in august 2022.”

“As a member of ecfa (evangelical council for financial accountability), the organization makes its governing documents, conflict of interest policy, and financial statements available online or by request.”

“Theatre production/touring: program service expenses 1,381,742. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,381,742. Communications consultant: program service expenses 0. Management and general expenses 131,791. Fundraising expenses 0. Total expenses 131,791. Communication services: program service expenses 51,904. Management and general expenses 13,137. Fundraising expenses 32,928. Total expenses 97,969.”

“Foreign exchange gain 12,278.”