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FORM 990, PART VI, SECTION A, LINE 6 | MILLBROOK PLAYHOUSE, INC. HAS TWO CLASSES OF MEMBERSHIPS: ANNUAL AND LIFE. ANNUAL: ALL INDIVIDUALS WHO MAKE PROPER APPLICATION AND PAY THE STATED ANNUAL FEE. SUCH MEMBERS HAVE FULL RIGHTS AND VOTING PRIVILEGES. LIFE: ALL INDIVIDUALS WHO MAKE PROPER APPLICATION AND PAY THE LIFE MEMBER FEE. LIFE MEMBERS HAVE ALL THE RIGHTS AND PRIVILEGES OF ANNUAL MEMBERS AND ARE EXEMPT FROM ANY FUTURE PAYMENT OF DUES. |
FORM 990, PART VI, SECTION A, LINE 7A | THE BOARD OF DIRECTORS ARE ELECTED AT THE ANNUAL MEETING BY THE MEMBERS. |
FORM 990, PART VI, SECTION B, LINE 11B | THE 990 IS REVIEWED BY THE TREASURER AND A COPY OF THE RETURN IS PROVIDED TO THE FULL BOARD BEFORE IT IS FILED. |
FORM 990, PART VI, SECTION B, LINE 15A | EXECUTIVE COMPENSATION IS DISCUSSED AMONGST THE EXECUTIVE COMMITTEE, WHO THEN MAKES A RECOMMENDATION TO THE FULL BOARD. THE FULL BOARD THEN VOTES AND APPROVES THE COMPENSATION IN A CLOSED SESSION. DISCUSSIONS ON EXECUTIVE COMPENSATION ARE RECORDED INTO REGULAR BOARD MINUTES. |
FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE THEATER IN MILL HALL UPON REQUEST. THE 990 IS ALSO AVAILABLE AT GUIDESTAR.COM. |
FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF CASH SURRENDER VALUE OF LIFE INSURANCE 559. |
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