Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
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| Description of Classes of Members or Stockholders | Form 990, Part VI, Question 6 YES, THE ORGANIZATION HAS ONE STOCKHOLDER - ITS PARENT COMPANY, MOTION PICTURE ASSOCIATION OF AMERICA, INC. Description of Classes of Persons and the Nature of their Rights Form 990, Part VI, Question 7a YES, THE STOCKHOLDER ELECTS THE BOARD OF DIRECTORS AT THE ANNUAL STOCKHOLDER MEETING. Descr Classes of Persons, Decisions Requiring Appr & Type of Voting Rights Form 990, Part VI, Question 7b YES, THE STOCKHOLDER HAS THE POWER TO APPROVE ANY CHANGES IN THE BYLAWS. Description of Practices Re: Documentation of Mtgs & Actions of Committees Form 990, Part VI, Question 8b There were no committee meetings held during the year. Mailing Address of Persons to be Contacted at a Different Address Form 990, Part VI, Question 9 Mark Badagliacca - Paramount Pictures Corporation, 5555 Melrose Ave., Los Angeles, CA 90038-3197 Sean Gamble & Rowan Conn - Universal City Studios LLLP, 100 Universal City Plaza, Universal City, CA 91608 Kathy Nielsen - Sony Pictures Entertainment Inc.,10202 Washington Blvd., Culver City, CA 90232 John Rogovin - Warner Bros. Entertainment Inc., 4000 Warner Blvd., Burbank, CA 91522-0001 Paul Shurgot - Walt Disney Studios Motion Pictures, 500 S. Buena Vista St., Burbank, CA 91521 Jane Waxman - Twentieth Century Fox Film Corporation, 10201 W. Pico Blvd., Los Angeles, CA 90064 Review Process of Form 990 Review Form 990, Part VI, Question 11b Form 990 is prepared internally and reviewed by our external tax advisors, who are paid preparers. A draft of the 990 is reviewed by the organizations parent company financial management team consisting of the Director of Reporting, SVP Controller, and EVP CFO (who is also the President of the organization). Description of Process to Monitor Transactions for Conflicts of Interest Form 990, Part VI, Question 12 THE CONFLICT OF INTEREST POLICY MANDATES THAT DIRECTORS, OFFICERS & KEY EMPLOYEES HAVE A RESPONSIBILITY TO DISCLOSE TO THE VP & SECRETARY THEIR INTERESTS THAT COULD GIVE RISE TO FINANCIAL CONFLICTS OF INTEREST. THESE PARTIES ARE SURVEYED ANNUALLY TO IDENTIFY POTENTIAL CONFLICTS AND ENSURE COMPLIANCE WITH THE ORGANIZATION'S POLICY. Responses are reviewed by the TREASURER to determine whether a conflict may exist; if so, the organization's TREASURER and VP & SECRETARY evaluate (a) whether the conflict influenced any transactions or decisions, (b) if so, whether any present measure can cure or mitigate that conflict, and (c) what can be done in the future to prevent such conflicts. If an actual past conflict is discovered, the conflicted person(s) may be subject to discipline if the conflict was not reported, and also for participating in a decision or transaction that posed a conflict of interest. Officers & Positions for Which Process was Used, & Year Process was Begun Form 990, Part VI, Question 15a OFFICERS OF THE ORGANIZATION ARE EMPLOYED AND PAID BY THE PARENT COMPANY, Motion Picture Association of America, Inc.(MPAA). Their compensation is determined by the CEO and COO of MPAA, after a review and comparison to salaries earned by incumbents and similarly situated professionals, along with the candidate's experience and salary history. Functional Expenses Form 990, Part IX, Line 8 Pension expense reflects an increase to the retiree medical liability as a result of a change to the discount rate. |
| Reconciliation of Net Assets | Form 990, Part XI, Question 9 Declaration of dividends $(4,500,000) Change in Retiree Medical Liability $ 267,524 ------------ Total Other Changes in Net Assets $(4,232,476) ============ |
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