- Career Development
The role of the Finance Committee is to promote fiscal responsibility and accessibility: ATHE is committed to remaining financially accessible to the widest possible group of people, while continuing to balance its budget and make prudent decisions. The work of the finance Committee is focused on the following goals:
The Finance Committee acts in an advisory capacity to the creation of ATHE’s annual budget and the audit process. The Governing Council approves the budget and accepts the audit report.
Finance Committee Members
The organization's budget is approved annually each winter or spring for the following fiscal year, which begins June 1 of each year and ends May 31 of the following year.
Each fiscal year, the organization's finances are audited by an independent accounting firm using accounting standards generally accepted in the United States.
According to the association's contracted accounting firm, Desmond & Ahern, Ltd.:
Desmond & Ahern reports, "the audit evidence is sufficient and appropriate to provide a basis" for their audit opinion.
The audit was conducted according to the rules of the State of Illinois for the Fiscal Year 2014 - 2015. You can request a copy of the 990 form. The full audit report is available at the ATHE office.
"In our opinion, the financial statements . . . present fairly, in all material respects, the financial position of the Association for Theatre in Higher Education as of May 31, 2015 and 2014, and the changes in its net assets and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America."