Williamston Theatre

“Related party information among officers john lepard emily sutton-smith director executive director spouse”

“Organization's process to review form 990 the form 990 was prepared by william e. Boss & associates, p.c., a cpa firm licensed in the state of michigan and experienced in the preparation of returns for 501(c)3 organizations. The starting point for the return preparation was the financial statements. Additional detail required for the return was obtained from the books and records. The return was prepared on professional software with a robust diagnostic system that catches unanswered questions, incomplete information, missing supporting forms or conflicting data between sections of the form 990. A draft copy of the return was read by the executive director. The members of the board of directors received a copy of the form 990 prior to being finalized and then approved for filing. The role of the paid preparer is to transcribe the finalized return(subject only to their software diagnostics) for electronic submission to the irs.”

“Enforcement of conflicts policy annually, each director, officer and key employee signs a written statement attesting to any conflicts that may exist. In most cases, a simple recusal suffices in clearing the conflict. Should a serious conflict exist, the board of directors would address the issue.”

“Compensation process for top official the board of directors has an executive committee that reviews the performance of the executive director. Compensation of the executive director is well below industry standards. Written record of executive committee meetings are maintained. Compensation process for officers the board of directors has an executive committee that reviews the performance of the executive director. Compensation of the executive director is well below industry standards. Written record of executive committee meetings are maintained.”

“Governing documents disclosure explanation all documents required to be made available to the public are available upon request(in person or by phone) of the individual listed on line 20 of this section.”