Tulsa Ballet Theatre Inc

“Betty Pirnat, Tulsa Ballet Chair Emeritus, is employed at an exempt organization of which Hannah Robson, another Tulsa Ballet Chair Emeritus, and Kayla Vaughn, the current Tulsa Ballet Board Chair, are both associated as board directors of that organization.Mollie Williford is the mother of Monica Williford. Mollie Williford is a Chair Emeritus and Monica Williford is an Elected Director.Bonnie Klein is the mother of Susan Parrott, and Susan Parrott is the mother of Laura Parrott. Bonnie and Susan are both Elected Directors while Laura Parrott is a Chair Appointee.”

“the members of tulsa ballet theatre, inc. consist of all individuals, corporations, limited liability companies, partnerships, limited partnerships, sole proprietorships and any other legal enities which contribute five hundred dollars or more in cash or cash equivalents (excluding the subscription and purchase of tickets for performances of the ballet company) to the tulsa ballet up to and including the last day (may 31) of that current fiscal year. each member shall have one vote in matters submitted to a vote of members and shall be entitled to vote at the annual meeting of the members following any fiscal year during which such member is qualified.”

“the board of directors has delegated the authority to review and approve the form 990 to the executive committee before filing with the irs. once the executive committee has approved, the current year's form 990 containing all schedules except for schedule B is also provided to all board members prior to filing.”

“board members are asked to review the conflict of interest policy and disclose interests that could result in conflicts at the begining of each fiscal year. further, board members are asked to disclose any changes during the year. all noted potential conflicts are reviewed by the board or applicable committee to determine if a conflict of interest does in fact exist. in the case of an actual conflict of interest, the chair of the board or applicable committee shall appoint a disinterested person or committee to investigate alternatives to proposed transactions or arrangements. if a member fails to disclose a possible or actual conflict of interest, the board or applicable committeee shall take appropriate disciplinary and corrective action.”

“the compensation committee is responsible for determining the CEO compensation considering the size and complexity of the organization, the mission, geographic location and financial condition of the organization, qualifications required for the job, assessment of performance using pre-determined goals, compensation levels at comparable organizations, organization budget and compensation increase parameters as set forth in the CEO contract. The compensation committee works in conjunction with the CEO and managing director to review and approve recommended compensation levels for Managing Director, and Artistic/Administrative staff which are also based on the variables listed above, as appropriate. The rationale and data used for all decisions are documented by the committee.”

“form 990 is made available to the public via the www.guidestar.com website and upon request. the annual report and audited financials statements are also made available to the public upon request.”

“Equity Transfer from Tulsa Ballet Theatre Trust Fund = $218592”

“Net Equity Transfer to Tulsa Ballet Theatre Trust Fund = -$511582”

“Rounding = -$1”

“Trnsfr of Pledges Rec. Tulsa Ballet Theatre Trust Fund = -$452912”

“The audit committee shall consist of at least three board members, none of whom can be the current tulsa ballet treasurer. the board may also appoint up to two non-board members with special financial expertise who shall serve as voting members of the committee. to ensure that the committee is independent, none of the committee members may be ballet staff. the primary duties and responsibilities of the audit committee are to recommend to the board of directors, on an annual basis, a firm of certified public accountants to conduct a financial audit of this corporation; and to provide oversight of the corporation's internal financial and accounting controls on behalf of the board of directors.”