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        <ExplanationTxt>WR ARTS, INC. has adopted the provisions of the Financial Accounting Standards Board's ("FASB") ASC Topic 740, Income taxes, relating to accounting and reporting for uncertainty in income taxes. Management has determined that there are no material uncertain tax provisions that require recognition or disclosure in the financial statements.</ExplanationTxt>
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        <ExplanationTxt>ORGANIZATION'S PROCESS TO REVIEW FORM 990THE 990 WAS PREPARED BY WR ARTS'S MANAGEMENT. THE FORM 990 IS REVIEWED BY WR ARTS'S MANAGEMENT BEFORE BEING PRESENTED FOR REVIEW BY INDEPENDENT ACCOUNTANTS AND REVIEWED BY THE BOARD DIRECTORS BEFORE FILING.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>ENFORCEMENT OF CONFLICTS POLICYON AN ANNUAL BASIS ALL BOARD MEMBERS SIGN A CONFLICT OF INTEREST STATEMENT. THE CHAIR OF THE BOARD ENSURES THAT ALL SIGNED FORMS ARE RECEIVED FROM THE BOARD AND MADE AVAILABLE TO THE ACCOUNTANTS DURING THE REVIEW PROCESS. THE CHAIR OF THE BOARD ALSO MEETS WITH EACH BOARD MEMBER ON A QUARTERLY BASIS TO DISCUSS HOW A POSSIBLE CONFLICT OF INTEREST CAN ARISE AND REVIEWS FOR POSSIBLE CONFLICTS ON A QUARTERLY BASIS.</ExplanationTxt>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>COMPENSATION PROCESS FOR OFFICERSTHE COMPENSATION OF ALL EMPLOYEES IS APPROVED BY THE BOARD ON AN ANNUAL BASIS AND REVIEWED IN ADVANCE OF THE RENEWAL DATE.</ExplanationTxt>
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