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Fundraising Engagement

                                                            If an organization raises funds in any state where it is not
 Hotel Reservations for LHAT                                incorporated, it must register in that state and file an
                                                            annual renewal or financial report. Each state has its own
                                                            specific regulations. You can learn more from the URS
 Now Being Accepted!                                        multi-state filer project.

                                                            Employee Payroll
 Sheraton Kansas City Hotel                                 A nonprofit must withhold employee income and

                                                            Social Security taxes and pay them regularly according
 at Crown Center                                            to a schedule set by the IRS. This schedule is different

 2345 McGee Street, Kansas City, MO 64108                   for different organizations. Board members and
                                                            administrators must ensure that this happens. The
                                                            IRS can impose heavy penalties for non-compliance.
 About the Accommodations                                   Board members may become personally liable for failed
                                                            payments.
 LHAT Group Rate for King or Double                         Federal Grant Reports
 Rooms is $174 per night (+18.35%
 tax + $1.78 City Development Fee                           Recipients of federal grants may have to file specific
                                                            annual reports. Check the requirements in the original
 per night), for single/double/triple/                      grant agreement or contract.
 quad occupancy.

 LHAT’s group rate will be available                        Additional Annual Activities
 three days prior to and three days                         Evaluate Chief Executive Performance
 after the conference dates subject                         Each year, the board should evaluate the performance
 to availability. Note: You may need                        of the chief executive to make sure annual goals have
 to call if your dates do not appear   been met and to set expectations for the coming year. This process usually has an impact on compensation.
 using the online reservations link.  To avoid intermediate sanctions penalties, it is necessary to verify the level of CEO compensation in similar
          organizations in the area. National surveys are acceptable resources.


 For reservations, visit the  Review and Update Conflict-of-Interest Policy

 Conference Hotel  Each board member needs to review their conflict-of-interest disclosure form and update it. This allows the
          board chair to keep track of board members’ affiliations and how they might affect members’ objectivity in
 page on LHAT.org for details.  decision making.
        Arrange for an Independent Audit

 Group Reservation Deadline:   One of the best ways to ensure accountability and financial integrity is to have an annual independent audit.

 Wednesday, June 21, 2023  A practical time to arrange this is as soon as possible in the beginning of the calendar year if your fiscal year
          ends in December while allowing for staff time to ready the books and finish the accounting procedures. Set
          aside time for the board to study the report before it meets with the auditor to review the report.
 After June 21 we cannot guarantee   Approve the Budget
 rooms or our discounted rate will be   Towards the end of the fiscal year, it is time for the board to review and approve the budget for the coming
 available. Rooms are available on a   year. The staff prepares the budget and the board votes to approve the final document.

 first come, first served basis. Please   Participate in a Board Retreat
 book your room early!  Most boards can benefit from an annual retreat to strengthen relationships and to focus on future challenges.

          Suitable topics include strategic planning, team building, or refreshing board members’ understanding of
          their responsibilities.

                                                                                                        (continued)
 PAGE 8  |  INLEAGUE      League of Historic American Theatres                             May 2023   INLEAGUE  | PAGE 9
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