Metropolitan School of the Arts Inc

“The form 990 will be reviewed by management and then circulated to the board to review prior to filing. We will request response to the form 990 in writing prior to filing.”

“Policy: any board member, officer, employee, or committee member having an interest in a contract or other transaction or determination presented to the board of trustees or a committee of msa for recommendation, authorization, approval or ratification shall give prompt, full and frank disclosure of his or her interest to the board of trustees or committee prior to its acting on such contract or transaction. The body to which such disclosure is made shall thereupon determine, by majority vote, whether the disclosure shows that a conflict of interest exists or can reasonably be construed to exist. If a conflict is deemed to exist, such person shall not vote on, nor use his or her personal influence on, nor participate (other than to present factual information or to respond to questions) in the discussions or deliberations with respect to such contract, transaction or determination. Such person may not be counted in determining the existence of a quorum at any meeting where the contract, transaction, or determination is under discussion or is being voted upon. The minutes of the meeting shall reflect the disclosure made, the vote thereon and, where applicable, the abstention from voting and participation, and whether a quorum was present.”

“The process for determining compensation of the following persons includes a review and approval by the independent members of the entire board. Comparability data used in the review process is obtained from pnp staffing group. The deliberations and decisions are documented in the minutes of the applicable board meeting. The compensation determination process applies to the following offices/positions and the most recent year for which this process was undertaken for each is identified (list for each): office/title year of most recent review/approval executive director: august 2023”

“The school makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“The process has not changed.”