Mastervoices Inc.

“Changes relate to conforming by-laws to current version of the ny not-for-profit law and clarifying provisions relating to election of directors and officers.”

“The audit committee reviewed and approved the form 990 in advance of the entire board. Then the form 990 was emailed to the board in advance of a board meeting. At the meeting, the auditor presented the form 990 to the board. Any questions were adequately addressed prior to the filing of the return.”

“Mastervoices has a written conflict of interest policy for its board members and each member is required to complete and submit an annual conflict of interest statement. Potential conflicts are addressed by the governance and board development committee.”

“The co-chairs of the board of directors and the finance committee conduct an annual performance evaluation of the executive director. They use this review and compensation data obtained from relevant sources to make recommendations to the executive committee and board for approval of the compensation. The process described here was last completed in 2019.”

“Mastervoices' form 1023 and form 990 are available upon request for viewing at the organization's offices during normal business hours or by reviewing the organization's website.”

“Mastervoices' governing documents, conflict of interest policy, and financial statements are available upon request for viewing at the organization's offices during normal business hours.”

“Concert hall: program service expenses 47,050. Management and general expenses 0. Fundraising expenses 0. Total expenses 47,050. Equipment rental: program service expenses 45,586. Management and general expenses 0. Fundraising expenses 0. Total expenses 45,586. Rehersal expense: program service expenses 39,040. Management and general expenses 0. Fundraising expenses 0. Total expenses 39,040. Design fees: program service expenses 29,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 29,500. Marketing and promotion: program service expenses 28,014. Management and general expenses 0. Fundraising expenses 0. Total expenses 28,014. Education: program service expenses 24,682. Management and general expenses 0. Fundraising expenses 0. Total expenses 24,682. Credit card fees: program service expenses 4,671. Management and general expenses 0. Fundraising expenses 12,650. Total expenses 17,321. Dancer fees: program service expenses 11,480. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,480. Bad debt: program service expenses 0. Management and general expenses 0. Fundraising expenses 6,000. Total expenses 6,000. Dues and subscriptions: program service expenses 2,580. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,580. Video production: program service expenses 500. Management and general expenses 0. Fundraising expenses 0. Total expenses 500.”

“The oversight process has not changed from the prior year.”