Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal award activity of the Kentucky Center of the Arts Corporation d.b.a. Kentucky Performing Arts (Kentucky Performing Arts), under programs of the federal government for the year ended June 30, 2023 in accordance with the requirements of Title 2 U. S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal awards ("Uniform Guidance"). Because the schedule presents only a selected portion of the operations of the Kentucky Performing Arts, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Kentucky Performing Arts.