The Vancouver Symphony Orchestra

“Line 11a explanation - the form 990 is reviewed by the finance committee at a scheduled meeting prior to filing.”

“The board is required to sign a conflict of interest statement each year. The officers review the signed statements for conflicts.”

“The compensation of the orchestra manager is reviewed annually by the board of directors. The board of directors are unpaid positions.”

“Governing documents and policies are available to the public upon request. Form 990 is available on guidestar”

“A form 990-t was not filed as advertising revenues did not exceed program costs. Advertising revenues are collected to help offset the costs to print the concert programs. The program costs exceeds the advertising revenues.”

“Guest artists: program service expenses 26,167. Management and general expenses 0. Fundraising expenses 0. Total expenses 26,167. Chamber series: program service expenses 18,632. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,632. Conductor: program service expenses 30,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 30,000. Independent contractor fees: program service expenses 2,567. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,567. Memberships: program service expenses 2,626. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,626.”

“Change in value of endowment held by the community foundation of sw wa 6,714.”

“The entity received office space duirng the year and was not required to pay rent. The fair value of the space was not recorded as a contribution as the value of the rent was undetermined. For tax return and disclosure purposes we are estimating the fair value of rents to be about $60,000.”