FAC Explorer

Audit 19497

FY End
2022-08-31
Total Expended
$2.38M
Findings
0
Programs
2
Organization: South Coast Repertory, Incorporated (CA)
Year: 2022 Accepted: 2023-05-24
Auditor: Haskell & White LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
59.075 Shuttered Venue Operators Grant Program $2.35M Yes 0
45.024 Promotion of the Arts_grants to Organizations and Individuals $25,000 Yes 0

Contacts

Name Title Type
ZDT9H1YN5557 Terry Schomburg Auditee
7147085526 Rick Smetanka Auditor
No contacts on file

Notes to SEFA

Accounting Policies: As stated in the Single-Audit Report being submitted for Notes to Schedule of Expenditures of Federal Awards For The Year Ended August 31, 2022 Note 2. Summary of Significant Accounting Policies - Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following, as applicable, either the cost principles in OMB Circular A-122, Cost Principles for Nonprofit Organizations, or the cost principles contained in the Uniform Guidance, wherein certain types of expenditures ae not allowable or are limited as to reimbursement. South Coast Repertory's federal awards do not allow for the application of indirect costs, and as such has elected to not use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.