Rhode Island Arts Foundation at Newport Incorporated

“The form 990 is reviewed by the president of the board of directors, the audit committee, and the treasurer, and approved by the full board of directors.”

“All board members are required annually to sign a conflict of interest policy.”

“The foundation employed egmont associates, a placement agency for arts executives. Egmont associates completed benchmarking and comparitive analysis for salaries of executive directors at similar organizations nationally. The search committee consisted of six board members, including the board chair, led by co-chairs melissa fairgrieve and leslie hogan. The committee made a recommendation of who to hire to the full board and a vote was taken.”

“The foundation makes its tax returns available upon request.”

“The foundation makes its governing documents and financial statements available to the public upon request.”

“Fundraising expenses: program service expenses 0. Management and general expenses 270. Fundraising expenses 61,337. Total expenses 61,607. Printing and copying: program service expenses 25,811. Management and general expenses 0. Fundraising expenses 7,428. Total expenses 33,239. Piano moving tuning: program service expenses 27,975. Management and general expenses 0. Fundraising expenses 0. Total expenses 27,975. Photography and printing: program service expenses 19,650. Management and general expenses 0. Fundraising expenses 8,157. Total expenses 27,807. Licenses and fees: program service expenses 0. Management and general expenses 1,848. Fundraising expenses 20,411. Total expenses 22,259. Publicity: program service expenses 0. Management and general expenses 0. Fundraising expenses 21,000. Total expenses 21,000. Production expenses: program service expenses 17,598. Management and general expenses 0. Fundraising expenses 262. Total expenses 17,860. Dues and subscriptions: program service expenses 1,170. Management and general expenses 2,226. Fundraising expenses 4,418. Total expenses 7,814. Contract services: program service expenses 6,050. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,050. Miscellaneous: program service expenses -2,500. Management and general expenses 265. Fundraising expenses 6,390. Total expenses 4,155. Postage: program service expenses 0. Management and general expenses 78. Fundraising expenses 3,406. Total expenses 3,484. Board expenses: program service expenses 0. Management and general expenses 0. Fundraising expenses 1,836. Total expenses 1,836. Bank charges: program service expenses 0. Management and general expenses 393. Fundraising expenses 0. Total expenses 393. Repairs and maintenance: program service expenses 298. Management and general expenses 0. Fundraising expenses 0. Total expenses 298.”

“This process has not changed from the prior year.”