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“Over the past 33 years, AFS has built artistic and educational programs that reach more than 70,000 each year, based on our mission of empowering the community to make, watch and love film and creative media. Due to our many program activities, AFS has diverse income streams across the spectrum of earned and donated revenue. When one or more business lines are underperforming, our practice has always been to tackle the situation immediately, as well as involve our Board of Directors in the solution. The strategic growth and sustainability of our programs is reviewed at every board meeting, with the agenda and minutes clearly marked as confidential to allow for open discussion. Our audited financial statement, available here, is the relevant public record of AFS’s finances. “During a mid-year financial review, AFS staff determined that the organization would miss some income targets, and reported this to the Board of Directors in April. Since then, AFS has made meaningful interventions to address the underperformance of those business lines. AFS’s fiscal year ends August 31st at which point we will undergo our routine annual audit (AFS’s financials have been independently audited for the past 17 years). AFS does not share mid-year financial projections with the public, as is standard for any non-profit, and elects to publicly share annual audited financials on our website.”