SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2017
Open to Public
Inspection
Name of the organization
NORTH CAROLINA INTERNATIONAL
FOLK FESTIVAL INC
Employer identification number

56-1369199
Return Reference Explanation
FORM 990, PAGE 6, PART VI, LINE 11B THE RETURN WAS PREPARED BY A CPA. THE RETURN WAS REVIEWED WITH THE BOARD TREASURER BEFORE BEING FILED. THE RETURN IS MADE AVAILABLE FOR ALL BOARD MEMBERS TO REVIEW.
FORM 990, PAGE 6, PART VI, LINE 12C ALL BOARD MEMBERS ARE REQUIRED ANNUALLY TO DISCLOSE ANY CONFLICTS OF INTEREST THAT MAY EXIST BETWEEN THEMSELVES AND THE ORGANIZATION. ANY CONFLICTS NOTED ARE REPORTED, DISCUSSED, AND ANY ACTION DETERMINED NECESSARY IS TAKEN BY THE EXECUTIVE COMMITTEE OF THE BOARD.
FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE EXECUTIVE DIRECTOR AND KEY MANAGEMENT POSITIONS ARE DISCUSSED DURING THE BUDGET DEVELOPMENT PROCESS EACH YEAR. THE COMPENSATION RANGES FOR THESE POSITIONS ARE DEVELOPED FROM COMPARABILITY DATA AVAILABLE FOR THE TYPE OF ORGANIZATION AND THE GEOGRAPHICAL AREA. THIS INFORMATION IS DOCUMENTED IN THE BUDGET DEVELOPMENT PROCESS AND DISCUSSED AND AGREED UPON BY THE FINANCE COMMITTEE, EXECUTIVE COMMITTEE AND THE BOARD OF DIRECTORS.
FORM 990, PAGE 6, PART VI, LINE 15B THE PROCEDURE FOR COMPENSATION FOR OTHER KEY EMPLOYEES IS THE SAME AS DISCUSSED IN LINE 15A ABOVE.
FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND FORM 990 ARE MAINTAINED AT THE ORGANIZATION'S ADMINISTRATIVE OFFICES AND ARE AVAILABLE TO THE PUBLIC UPON REQUEST DURING REGULAR BUSINESS HOURS. ALSO THE FORM 990 IS AVAILABLE ON GUIDESTAR.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2017


Additional Data


Software ID:  
Software Version: