Mayfest Inc.

“Six of the members of the board of directors are appointed by organizations that are supported by mayfest. Two directors are appointed by the junior league of fort worth, texas, inc. For terms of two years each. Two directors are appointed by the executive committee of streams and valleys, inc. For terms of one year each. One director is appointed from the staff of the fort worth park and recreation department and the sixth is selected from the staff of the tarrant regional water district. Each of these directors serves for a term of one year.”

“The executive director, the president and the project manager review the form 990 before submitting it to the finance committee for approval.”

“For board members: mayfest, inc has a 'conflict of interest' form that must be signed by each board member. For central committees: mayfest, inc. Has a statement that reviews situations that may be a conflict of interest and what a volunteer should do in these circumstances. The volunteer must sign that they have read the mayfest handbook and will adhere to the mayfest policies.”

“Form 990 is available on guidestar and upon request.”

“Other administrative expenses: program service expenses 0. Management and general expenses 67,792. Fundraising expenses 0. Total expenses 67,792. Community projects: program service expenses 56,865. Management and general expenses 0. Fundraising expenses 0. Total expenses 56,865. Parking: program service expenses 30,197. Management and general expenses 0. Fundraising expenses 0. Total expenses 30,197. Other expenses: program service expenses 23,311. Management and general expenses 0. Fundraising expenses 0. Total expenses 23,311. Admission/ticket expense: program service expenses 6,915. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,915. Grounds setup/maintenance: program service expenses 6,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,500. Volunteer: program service expenses 3,081. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,081. Special needs: program service expenses 1,575. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,575. Art expense: program service expenses 610. Management and general expenses 0. Fundraising expenses 0. Total expenses 610.”

“The organization has not changed its oversight process and has not changed its selection process during teh current fiscal year.”