Notes to SEFA
Accounting Policies: (1) GENERAL INFORMATIONThe accompanying schedule of expenditures of federal awards presents the activities in all the federal financialassistance programs of Pennsylvania Humanities Council. All financial assistance received directly from federalagencies as well as federal financial assistance passed through other governmental agencies or nonprofitorganizations are included on the schedule.(2) BASIS OF ACCOUNTINGThe accompanying schedule of expenditures of federal awards is presented using the accrual basis ofaccounting. The amounts reported in this schedule as expenditures may differ from certain financial reportssubmitted to federal funding agencies due to those reports being submitted on either a cash or modified accrualbasis of accounting.(3) RELATIONSHIP TO BASIC FINANCIAL STATEMENTSFederal awards expenditures reported in the basic financial statements may differ from the expendituresreported in the schedule of expenditures of federal awards due to the expenditures exceeding grant or contractbudget limitations which are not included as federal awards.(4) INDIRECT COSTSPennsylvania Humanities Council has not elected to use the 10-percent de minimus indirect cost rate allowedunder the Uniform Guidance.-
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.