The AGM for Stirling Festival Theatre is typically held every March. All members of the public are invited to attend but only Stirling Festival Theatre Members in good standing may vote. If you are not a paid-up member of SFT, you may purchase your membership for $35 at the Box Office. For more information about SFT memberships and benefits, click here.
The SFT By-Laws state:
“The annual meeting of the members shall be held each year within Ontario, within the first three (3) months of every fiscal year end of the Corporation; at a time, place and date determined by the Board for the purpose of:
- hearing and receiving the reports and statements required by the Corporations Act to be read and laid before the members of the Corporation at an annual meeting;
- electing directors;
- appointing the auditor and fixing or authorizing the Board to fix their remuneration; and
- transacting any other business properly brought before the meeting.”
Provincially incorporated not-for-profit (NFP) organizations are required by law to hold an Annual General Meeting (AGM). Ensuring that this statutory business takes place is part of good governance and is an important part of the democratic life of an NFP.
An AGM is also an opportunity for the Board to share news, challenges and successes for the organization and to hear from its membership, in that it is often the primary two-way communication channel for a Board and a key sector of its stakeholders.