2019-11-07T08:31:08-06:00 2019-06-30 581763570 JONES AND KOLB 3475 PIEDMONT ROAD NE SUITE 1500 ATLANTA GA 30305 990 2018-07-01 131240132 FOX THEATRE INC F/K/A ATLANTA LANDMARKS INC FOXT 4048812109 660 PEACHTREE STREET NE ATLANTA GA 30308 WILLIAM RENSHAW VICE PRESIDENT & CFO 4048812109 2019-10-22 1 G BLISS JONES P00087087 4042627920 38.140.48.178 2019-10-22 11:25:56 ED P C86ED338DE7609B360E40E8BB538C91B8118B534 C86ED338DE7609B360E40E8BB538C91B8118B534 2018 2020-03-31 21:24:44Z ALLAN VELLA 660 PEACHTREE STREET NE ATLANTA GA 30308 101024244 0 X WWW.FOXTHEATRE.ORG X 1974 GA TO PRESERVE AND SHARE THE FOX THEATRE 12 12 661 1164 19742 7937 1108960 1086441 21093785 23393666 2776505 877754 4622670 4458966 29601920 29816827 534453 752665 0 0 9295280 11088019 0 0 214035 10964571 12507943 20794304 24348627 8807616 5468200 82840162 81658757 23496961 15373809 59343201 66284948 X TO PRESERVE AND SHARE THE FOX THEATRE 0 0 17479491 14875 27577133 SEE SCHEDULE O ATLANTA'S FOX THEATRE IS A WORLD-RENOWNED CONCERT AND EVENT VENUE LIKE NO OTHER. CONCEIVED AS THE HEADQUARTERS FOR THE ATLANTA SHRINER'S ORGANIZATION IN 1928, THE BUILDING WAS DESIGNED TO EVOKE THE MYSTERY AND MAGIC OF THE ANCIENT NEAR EAST. SPANISH PALACES AND EGYPTIAN TEMPLES INFLUENCED THE BUILDING'S ELABORATE AND INTENSELY ORNATE DESIGN WHICH FEATURES SOARING DOMES, SWEEPING ARCHWAYS, STUNNING GOLD LEAF, AND SUMPTUOUS INTERIOR DETAILS INLCUDING A VAST COBALT "SKY" WITH A SEA OF TWINKLING STARS. THE BUILDING WAS ENHANCED BY MOVIE MOGUL WILLIAM FOX IN 1929 AND THE VENUE FLOURISHED AS ATLANTA'S PREMIERE MOVIE PALACE UNTIL 1932, WHEN THE ECONOMIC IMPACT OF THE GREAT DEPRESSION FORCED WILLIAM FOX AND THE THEATRE INTO BANKRUPTCY. THE ATLANTA ICON WAS PURCHASED AT AUCTION FOR A FRACTION OF ITS ORIGINAL COST AND REMAINED IN HIGH DEMAND FOR THE NEXT THREE DECADES, SHOWING HUNDREDS OF ACCLAIMED FILMS AND HOSTING LIVE PERFORMANCES FROM LEGENDARY ENTERTAINERS.DESPITE THE FOX'S SUCCESS, LANDMARK MOVIE PALACES HAD BEGUN TO FALL OUT OF FAVOR IN THE 1960S AS CUSTOMERS MIGRATED TO THE SUBURBS. IN 1974, THE FOX THEATRE CLOSED ITS DOORS, AND THE STUNNING LANDMARK, BELOVED FOR GENERATIONS, WAS SUDDENLY FACING DEMOLITION. CONFRONTED WITH THE POSSIBLITY OF LOSING THE ICONIC BUILDING, THE RESIDENTS OF ATLANTA SPRANG INTO ACTION. THEY FORMED A NON-PROFIT CALLED ATLANTA LANDMARKS AND LAUNCHED THE NOW LEGENDARY "SAVE THE FOX" CAMPAIGN, WHICH RAISED FUNDS TO SAVE THE BUILDING FROM DEMOLITION. ATLANTA LANDMARKS (NOW CALLED FOX THEATRE, INC.) CONTINUES TO RUN THE THEATRE TODAY, MAKING IT ONE OF AN ELITE GROUP OF NOT-FOR-PROFIT THEATRES IN THE COUNTRY COMMITTED TO MAKING PERFORMANCE ART ACCESSIBLE TO EVERYONE.EACH YEAR, THE AWARD-WINNING THEATRE HOSTS MORE THAN 250 PERFORMANCES AND WELCOMES OVER 600,000 VISITORS TO EXPERIENCE THE BEST IN BROADWAY, CONCERTS, BALLET, COMEDY AND FILM. IN THE PAST DECADE, THE FOX HAS BEEN WIDELY RECOGNIZED BY INDUSTRY LEADERS FOR EXCELLENCE IN ARTS AND ENTERTAINMENT, PRESERVATION AND ARTS EDUCATION. IT WAS SELECTED BY VENUESNOW AS #1 IN NORTH AMERICA AND #1 WORLDWIDE IN 2019 MID-YEAR IN ITS SIZE CATEGORY. IT WAS AWARDED THE OUTSTANDING HISTORIC THEATRE OF THE YEAR AWARD IN 2011 BY THE LEAGUE OF HISTORIC AMERICAN THEATRES. WITH THE 2018 RUN OF HAMILTON, IT ACHIEVED THE HIGHEST WEEKLY GROSS FOR TOURING BROADWAY OF ALL TIME. THE FABULOUS FOX WAS GIVEN THE DISTINCTION BY ROLLING STONE MAGAZINE AS ONE OF "THE BEST BIG ROOMS IN AMERICA." FOR THE PAST DECADE, THE FOX THEATRE HAS CONSISTENTLY BEEN RANKED IN THE TOP THREE THEATRES IN NORTH AMERICA FOR GROSS TICKET SALES, LAYING A FOUNDATION FOR THIS ATLANTA ICON TO MAKE MEMORIES FOR GENERATIONS TO COME. THE BOARD OF DIRECTORS OF FOX THEATRE, INC. CONTINUE TO MAINTAIN OUR CURRENT MISSION "TO PRESERVE AND SHARE THE FOX THEATRE AND VISION "TO BE ATLANTA'S PREEMINENT CULTURAL ICON THAT ENRICHES THE HUMAN SPIRIT AND TO FURTHER STATE THAT OUR PRIMARY MISSION OF PRESERVING AND SHARING THE FOX THEATRE CAN ONLY BE ACCOMPLISHED THROUGH ADVANCING THE ARTS IN BOTH METRO ATLANTA AND THE STATE BY PROVIDING ARTS EDUCATION THROUGH THE FOX THEATRE INSTITUTE, AND CULTURALLY SIGNIFICANT PROGRAMMING AND/OR EXHIBITS IN THE FOX THEATRE AND/OR THROUGH THE FOX THEATRE INSTITUTE'S NETWORK OF THEATRES FOR THE ENRICHMENT AND BENEFIT OF THE CITIZENS OF THE STATE OF GEORGIA. 1175611 737790 152337 SEE SCHEDULE OTHE FOX THEATRE INSTITUTE (FTI) IS AN AWARD WINNING OUTREACH PROGRAM OFFERING HISTORIC PRESERVATION AND OPERATIONS EXPERTISE, CONSULTATION AND EDUCATION TO PERFORMING ARTS VENUES IN GEORGIA AND THE REGION. CREATED BY ATLANTA'S FABULOUS FOX THEATRE - AN ICONIC ATTRACTION WIDELY APPLAUDED FOR BEING A CATALYST FOR POSITIVE CHANGE IN THE COMMUNITY - FTI PAYS IT FORWARD, HELPING OTHER CULTURAL INSTITUTIONS RENEW, REINVIGORATE AND RESTORE ARTISTIC VITALITY IN THEIR RESPECTIVE COMMUNITIES. IN KEEPING ENIVORNMENTAL AND ECONOMIC IMPACT TOP OF MIND, FTI OFFERS THE FINANCIAL ASSISTANCE, RESORATION SUPPORT, AND OPERATIONS MENTORING NEEDED TO LEVERAGE SCARCE RESOURCES AND STIMULATE LOCAL ECONOMIES.FTI WAS FOUNDED IN 2008 IN RESPONSE TO A STATEWIDE NEED FOR ASSISTANCE WITH THE RESTORATION AND OPERATION OF GEORGIA'S HISTORIC THEATRES. DURING ITS BRIEF HISTORY, FTI HAS BECOME AN INDISPENSABLE RESOURCE FOR HISTORIC THEATRES THROUGHOUT THE STATE, FULFILLING THE FOX THEATRE'S VISION TO SHARE ITS EXPERIENCE IN HISTORIC PRESERVATION AND THEATRE OPERATIONS WITH OTHERS. AT A TIME WHEN PRESERVATION AND ARTS AGENCIES ARE EXPERIENCING BUDGET CUTBACKS, FTI IS FILLING A COMMUNITY NEED BY AWARDING GRANTS AND PROVIDING SUPPORT TO THESE COMMUNITY LANDMARKS. IN SHORT, FTI IS REVITALIZING GEORGIA'S COMMUNITIES, ONE THEATRE AT A TIME. COMBINED, IN THE FISCAL YEARS OF 2018 AND 2019, FTI CONTRIBUTED MORE THAN $1.2 MILLION IN GRANTS TO HISTORIC THEATRES. AS PART OF THIS OUTREACH PROGRAM AND TO HELP FUTURE GENERATIONS UNDERSTAND THE IMPORTANCE OF SUCH HISTORICAL PERFORMING ART VENUES SUCH AS THE FOX THEATRE, FTI HAS CREATED THE "FOX IN A BOX." AN INTERACTIVE SCHOOL EXHIBIT THAT FOCUSES ON HOW IMPORTANT EVENTS IN THE FOX THEATRE'S TIMELINE INTERSECT WITH KEY CLASSROOM LESSONS, FROM AMERICAN HISTORY AND THE CIVIL RIGHTS MOVEMENT TO ECONOMICS AND THE IMPORTANCE OF COMMUNITIES. ELEMENTARY STUDENTS ARE THEN CHALLENGED TO THINK HOW COMMUNITIES CAN COME TOGETHER TO SHARE AND EXPERIENCE AND TO PROTECT WHAT'S IMPORTANT TO THEM. 18655102 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 56 0 1 661 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 GA X WILLIAM RENSHAW 4048812027 660 PEACHTREE STREET NE ATLANTA GA 30308 EDWARD L WHITE CHAIRMAN 5.00 X X 0 0 0 KEITH O COWAN VICE-CHAIRMAN 5.00 X X 0 0 0 CLARA HAYLEY AXAM TRUSTEE/DIRECTOR 5.00 X 0 0 0 ROBYN RIESER BARKIN TRUSTEE/DIRECTOR 5.00 X 0 0 0 SHEFFIELD HALE TRUSTEE/DIRECTOR 5.00 X 0 0 0 RYAN HALPERN TRUSTEE/DIRECTOR 5.00 X 0 0 0 JOHN R HOLDER TRUSTEE/DIRECTOR 5.00 X 0 0 0 WALTER R HUNTLEY JR TRUSTEE/DIRECTOR 5.00 X 0 0 0 EDWARD HUTCHISON TRUSTEE/DIRECTOR 5.00 X 0 0 0 CRAIG B JONES TRUSTEE/DIRECTOR 5.00 X 0 0 0 GLEN J ROMM TRUSTEE/DIRECTOR 5.00 X 0 0 0 HOWARD SMITH TRUSTEE/DIRECTOR 5.00 X 0 0 0 SHELLY KLEPPSATTEL SECRETARY 40.00 X 90141 0 16226 ALLAN C VELLA PRESIDENT & CEO 40.00 X 579103 0 54445 ADINA ALFORD ERWIN VICE PRESIDENT & GM 40.00 X 260346 0 37046 JEFFERY L QUESENBERRY VICE PRESIDENT & CFO 40.00 X 216651 0 30704 JAMIE VOSMEIER VICE PRESIDENT OF SALES AND MARKETING 40.00 X 166895 0 28601 WILLIAM RENSHAW DIRECTOR OF FINANCE 40.00 X 137130 0 36839 LARRY WATSON STAGE FLYMAN 40.00 X 106897 0 37034 SCOTT HARDIN PROJECTIONIST 40.00 X 109948 0 37503 SHELBY MOODY CORPORATE AND GROUP SALES 40.00 X 216643 0 40621 LESTER ANDREWS DIRECTOR OF INFORMATION SYSTEMS 40.00 X 100741 0 17038 MICHAEL GIOVANNI DIRECTOR OF FOOD & BEVERAGE 40.00 X 133842 0 17829 SARAH FREAS DIRECTOR OF PROGRAMMING 40.00 X 130000 0 35728 2248337 0 389614 11 0 1 0 GARBUTT CONSTRUCTION 212 SOUTH CALHOUN ST DUBLIN GA 31021 CONSTRUCTION 3331965 GAY CONSTRUCTION 2907 LOG CABIN DR SE ATLANTA GA 30339 CONSTRUCTION 928845 PATRON SOLUTIONS 309 EAST LINCOLN HWY EXTON PA 19341 TICKETING SERVICES 719585 ALLIED INTERNATIONAL CLEANING 3635 PEACHTREE INDUSTRIAL BLVD STE DULUTH GA 30096 CLEANING SERVICES 673702 LORD AECK SARGENT 1175 PEACHTREE ST NE STE 2400 ATLANTA GA 30361 ARCHITECT 483943 27 16200 1070241 11617 1086441 THEATRE & BALLROOM RENTAL 531120 10217633 10197891 19742 TICKETS & HANDLING FEES 711110 7454609 7454609 RESTORATION FEES 711110 2335118 2335118 FOX PROMOTIONS 711110 1979039 1979039 TUITION/MEMBERSHIP 711110 1407267 1407267 23393666 892610 892610 103420 0 103420 103420 103420 69613567 69628423 -14856 -14856 -14856 5905355 1578994 4326361 4326361 MISCELLANEOUS REVENUE 900099 29185 29185 29185 29816827 27729470 19742 981174 752665 752665 1613525 1355362 242028 16135 7594903 6309394 1234318 51191 164581 136448 27120 1013 1096288 970107 121082 5099 618722 514906 99326 4490 65121 41981 23140 306409 306409 29143 29143 74770 74770 193899 193899 89628 4690 84938 487700 387470 23679 76551 195814 151290 43633 891 341918 91098 250026 794 2167947 2092386 68835 6726 98681 81198 17483 64023 49565 14458 157637 157637 2617183 2538667 70664 7852 452903 229737 221163 2003 PERFORMANCE RELATED FEE 4155535 2426938 1697214 31383 SUPPLIES 620275 521200 89168 9907 BANKING AND CREDIT CARD 389357 389357 24348627 18655102 5479490 214035 16459765 10921776 698443 526175 167034 161865 1185821 1018648 54825251 24091936 30027203 30733315 34252733 38257392 49163 39586 82840162 81658757 4669133 2418015 8761387 4583333 10066441 8372461 23496961 15373809 X 59343201 66284948 59343201 66284948 82840162 81658757 5468200 1473547 0 X 0 1 X 1 0 X 610318 883421 945118 1108960 1086441 4634258 17217525 21153675 20422571 25709014 27223384 111726169 17827843 22037096 21367689 26817974 28309825 116360427 426500 567500 755108 1055439 993951 3798498 0 426500 567500 755108 1055439 993951 3798498 112561929 328504 469855 590420 720973 996030 3105782 328504 469855 590420 720973 996030 3105782 656375 1000422 863638 1008658 2154822 5683915 18812722 23507373 22821747 28547605 31460677 125150124 0.89940 0.91380 0.02480 0.02180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 74770 0 0 74770 0 1410041 1410041 45157416 19786300 25371116 8257794 4305636 3952158 30733315 BOX OFFICE & OTHER DEPOSITS 7468006 LONG-TERM INCENTIVE BONUS 362500 OTHER CURRENT LIABILITIES 541955 8372461 X 32725469 1473547 50000 1523547 31201922 193899 -1578994 -1385095 29816827 25783722 50000 1578994 1628994 24154728 193899 193899 24348627 PART X, LINE 2: NO PROVISION IS MADE FOR FEDERAL OR STATE INCOME TAXES SINCE THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, AND IS EXEMPT FROM STATE INCOME TAXES UNDER SECTION 48-7-25(A) OF THE GEORGIA REVENUE CODE. THE ORGANIZATION ANNUALLY EVALUATES ALL FEDERAL AND STATE INCOME TAX POSITIONS. THIS PROCESS INCLUDES AN ANALYSIS OF WHETHER THESE INCOME TAX POSITIONS THE ORGANIZATION TAKES MEET THE DEFINITION OF AN UNCERTAIN TAX POSITION UNDER THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS CODIFICATION. IN THE NORMAL COURSE OF BUSINESS, THE ORGANIZATION IS SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE TAXING AUTHORITIES. IN GENERAL, THE ORGANIZATION IS NO LONGER SUBJECT TO TAX EXAMINATIONS FOR THE TAX YEARS ENDING BEFORE JUNE 30, 2016. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -1,578,994. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,578,994. 1 CITY OF HOGANSVILLE 400 EAST MAIN ST HOGANSVILLE GA 30230 GOVERNMENT 51250 PRESERVATION AND OPERATIONS EXPERTISE, CONSULTATION AND EDUCATION CITY OF WINTERVILLE 125 N CHURCH ST WINTERVILLE GA 30683 GOVERNMENT 47500 PRESERVATION AND OPERATIONS EXPERTISE, CONSULTATION AND EDUCATION GROVE PARK FOUNDATION INC 1314 DONALD LEE HOLLOWELL PKY NE ATLANTA GA 30318 821913260 501(C)(3) 100000 PRESERVATION AND OPERATIONS EXPERTISE, CONSULTATION AND EDUCATION IMPERIAL COMMUNITY THEATRE INC 749 BROAD ST AUGUSTA GA 30901 581950583 501(C)(3) 15000 PRESERVATION AND OPERATIONS EXPERTISE, CONSULTATION AND EDUCATION THE PLAZA ARTS CENTER 305 NORTH MADISON AVENUE EATONTON GA 31024 582641590 501(C)(3) 68175 PRESERVATION AND OPERATIONS EXPERTISE, CONSULTATION AND EDUCATION HABERSHAM COMMUNITY THEATER INC PO BOX 846 CLARKESVILLE GA 30523 581532338 501(C)(3) 59213 PRESERVATION AND OPERATIONS EXPERTISE, CONSULTATION AND EDUCATION FRIENDS OF THE RYLANDER THEATER PO BOX 864 AMERICUS GA 31709 582364989 501(C)(3) 51775 PRESERVATION AND OPERATIONS EXPERTISE, CONSULTATION AND EDUCATION THE DILLON COUNTY THEATRE ASSOCIATION 114 N MACARTHUR AVE DILLON SC 29536 570824843 501(C)(3) 50000 PRESERVATION AND OPERATIONS EXPERTISE, CONSULTATION AND EDUCATION TOWN OF CHERAW 200 MARKET STREET CHERAW SC 29520 GOVERNMENT 50000 PRESERVATION AND OPERATIONS EXPERTISE, CONSULTATION AND EDUCATION BEAUFORT COUNTY ARTS COUNCIL PO BOX 634 WASHINGTON NC 27889 237170154 501(C)(3) 50000 PRESERVATION AND OPERATIONS EXPERTISE, CONSULTATION AND EDUCATION CITY OF GRANTVILLE 123 LAGRANGE STREET GRANTVILLE GA 30220 GOVERNMENT 32190 PRESERVATION AND OPERATIONS EXPERTISE, CONSULTATION AND EDUCATION CITY OF ABBEVILLE 100 COURT SQUARE ABBEVILLE SC 29620 GOVERNMENT 25000 PRESERVATION AND OPERATIONS EXPERTISE, CONSULTATION AND EDUCATION FOUNDATION 154 INC PO BOX 373 ELBA AL 36323 473016500 501(C)(3) 25000 PRESERVATION AND OPERATIONS EXPERTISE, CONSULTATION AND EDUCATION THEATRE MACON INC PO BOX 5123 MACON GA 31208 581693192 501(C)(3) 25000 PRESERVATION AND OPERATIONS EXPERTISE, CONSULTATION AND EDUCATION PHOENIX THEATRE ACADEMY INC 600 KING ARNOLD STREET HAPEVILLE GA 30354 581895677 501(C)(3) 25000 PRESERVATION AND OPERATIONS EXPERTISE, CONSULTATION AND EDUCATION HOMETOWN WARRENTON INC PO BOX 27 WARRENTON GA 30828 582534137 501(C)(3) 17600 PRESERVATION AND OPERATIONS EXPERTISE, CONSULTATION AND EDUCATION WAYCROSS AREA COMMUNITY THEATRE INC PO BOX 1787 WAYCROSS GA 31502 581271096 501(C)(3) 9813 PRESERVATION AND OPERATIONS EXPERTISE, CONSULTATION AND EDUCATION HOLLY THEATRE COMMUNITY CENTER INC 69 W MAIN ST DAHLONEGA GA 30533 581963957 501(C)(3) 6600 PRESERVATION AND OPERATIONS EXPERTISE, CONSULTATION AND EDUCATION INTERNATIONAL ASSOCIATION OF VENUE MANAGERS FOUNDATION 635 FRITZ DR COPPELL TX 75019 363194603 501(C)(3) 5250 PRESERVATION AND OPERATIONS EXPERTISE, CONSULTATION AND EDUCATION 19 PART I, LINE 2: THE ORGANIZATION IS IN CLOSE CONTACT WITH THE GRANTEES ON AN ONGOING BASIS TO SEE THAT GRANTS ARE USED AS INTENDED. X X X X X X 0 1 0 0 0 1 0 1 0 ALLAN C VELLA PRESIDENT & CEO 296538 0 281250 0 1315 0 15750 0 38695 0 633548 0 0 0 ADINA ALFORD ERWIN VICE PRESIDENT & GM 213096 0 47250 0 0 0 14206 0 22840 0 297392 0 0 0 JEFFERY L QUESENBERRY VICE PRESIDENT & CFO 174420 0 42231 0 0 0 11613 0 19091 0 247355 0 0 0 JAMIE VOSMEIER VICE PRESIDENT OF SALES AND MARKETIN 140755 0 26140 0 0 0 8683 0 19918 0 195496 0 0 0 WILLIAM RENSHAW DIRECTOR OF FINANCE 129630 0 7500 0 0 0 7560 0 29279 0 173969 0 0 0 SHELBY MOODY CORPORATE AND GROUP SALES 215143 0 1500 0 0 0 11923 0 28698 0 257264 0 0 0 MICHAEL GIOVANNI DIRECTOR OF FOOD & BEVERAGE 96811 0 37031 0 0 0 6744 0 11085 0 151671 0 0 0 SARAH FREAS DIRECTOR OF PROGRAMMING 125000 0 5000 0 0 0 6496 0 29232 0 165728 0 0 0 PART I, LINE 4B PRESIDENT/CEO MAY RECEIVE A NONQUALIFIED 457(F) AWARD BASED UPON ACHIEVING CERTAIN LONG TERM STRATEGIC GOALS. THIS AWARD IS VESTED OVER THREE YEARS. PART I, LINE 6 PRESIDENT/CEO MAY RECEIVE A BONUS BASED ON THE ACHIEVEMENT OF FINANCIAL RESULTS FROM THE FOX THEATRE OPERATING DIVISION. SENIOR MANAGEMENT MAY RECEIVE A BONUS BASED ON THE ACHIEVEMENT OF FINANCIAL RESULTS FROM THE FOX THEATRE OPERATING DIVISION. PART I, LINE 7 PRESIDENT/CEO MAY RECEIVE A BONUS BASED ON THE NET INCOME FROM THE FOX THEATRE OPERATING DIVISION. SENIOR MANAGEMENT MAY RECEIVE A BONUS BASED ON THE INCOME FROM THE FOX THEATRE OPERATING DIVISION. FORM 990, PART VI, SECTION B, LINE 11B TAX RETURN IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM FROM THE AUDITED FINANCIAL STATEMENTS. THE RETURN IS REVIEWED BY THE AUDIT & COMPENSATION COMMITTEE AND SENIOR MANAGEMENT PRIOR TO FILING WITH THE IRS. IN ADDITION, A COPY OF THE RETURN IS ELECTRONICALLY SENT TO ALL BOARD MEMBERS BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE ORGANIZATON'S BOARD OF TRUSTEES AND SENIOR MANAGEMENT MAY, FROM TIME TO TIME, BE ASSOCIATED, EITHER DIRECTLY OR INDIRECTLY, WITH COMPANIES DOING BUSINESS WITH THE ORGANIZATION. FOR SENIOR MANAGEMENT, THE ORGANIZATION REQUIRES ANNUAL DISCLOSURE OF SIGNIFICANT FINANCIAL INTERESTS IN, OR EMPLOYMENT OR CONSULTING RELATIONSHIPS WITH, ENTITIES DOING BUSINESS WITH THE THEATRE. WHEN SUCH RELATIONSHIPS EXIST, MEASURES ARE TAKEN TO APPROPRIATLY MANAGE THE ACTUAL OR PERCEIVED CONFLICT IN THE BEST INTERESTS OF THE ORGANIZATION. THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT REQUIRES, AMONG OTHER THINGS, THAT NO MEMBER OF THE BOARD OF TRUSTEES CAN PARTICIPATE IN ANY DECISION IN WHICH HE OR SHE HAS MATERIAL FINANCIAL INTEREST. EACH TRUSTEE IS REQUIRED TO CERTIFY COMLIANCE WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AND INDICATE WHETHER THE THEATRE DOES BUSINESS WITH AN ENTITY IN WHICH A TRUSTEE HAS MATERIAL FINANCIAL INTEREST. WHEN SUCH RELATIONSHIPS EXIST, MEASURES ARE TAKEN TO MITIGATE ANY ACTUAL OR PERCEIVED CONFLICT, INCLUDING REQUIRING THAT SUCH TRANSACTIONS BE CONDUCTED AT ARM'S LENGTH, FOR GOOD AND SUFFICIENT CONSIDERATION, BASED ON TERMS THAT ARE FAIR AND REASONABLE TO AND FOR BENEFIT OF THE ORGANIZATION, AND IN ACCORDANCE WITH APPLICABLE CONFLICT INTEREST LAWS. NO SUCH ASSOCIATIONS ARE CONSIDERED TO BE SIGNIFICANT. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE PRESIDENT/CEO AND OTHER MEMBERS OF THE SENIOR MANAGEMENT TEAM WAS REVIEWED IN FISCAL YEAR 2018 BY AN OUTSIDE COMPENSATION CONSULTANT. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO BE REVIEWED ON SITE.