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 two years 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 expenses: program service expenses 0. Management and general expenses 70,213. Fundraising expenses 0. Total expenses 70,213. Park rent: program service expenses 26,250. Management and general expenses 0. Fundraising expenses 0. Total expenses 26,250. Transportation: program service expenses 25,951. Management and general expenses 0. Fundraising expenses 0. Total expenses 25,951. Art expense: program service expenses 21,290. Management and general expenses 0. Fundraising expenses 0. Total expenses 21,290. Admission/ticket expense: program service expenses 2,859. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,859. Special needs: program service expenses 1,675. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,675. Communications: program service expenses 1,520. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,520. Volunteers expense: program service expenses 1,015. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,015.”

“The organization has not changed either its oversight process or selection process during the year.”