The Center for the Performing Arts Inc

“The controller compiles the 990 information and submits to the tax preparers. After completion, the 990 is reviewed by the ceo and coo. The final return is approved by the finance committee and, before filing, a copy is provided to the board of directors.”

“Each year, the board chairman reviews each board member's conflict of interest statement and 990 disclousre statement for any potential conflicts. If a perceived conflict arises, the board chair follows the procedures set out in the articles of incorporation to resolve it.”

“A compensation committee was established by the board of directors of the center for the performing arts (the center). The committee utilizes a process which evaluates the ceo's performance in accordance with established performance criteria, the center's mission and strategies, and in the context of relevant compensation data for similarly qualified persons at similarly situated organizations. Compensation committee decisions on ceo compensation are contemporaneously documented and presented to the full board of directors. The ceo is responsible for determining compensation for officers/key employees. Officers/key employees' compensation is based on salary studies comparing compensation of those in similar positions at nonprofit organizations.”

“Required documents are available to the public upon written or verbal request.”

“The center for the performing arts (the center) has a shared employment agreement with several members of its staff. This agreement allows paid employees of the center to provide services to the great american songbook foundation (gasf). All employees are paid by the center as a common paymaster. Gasf reimburses the center for employee time. This compensation is reflected on the form 990 of gasf. The compensation listed in part vii is the compensation paid for services provided to the center. The following employees listed in part vii are also employees of gasf: jeff mcdermott, jeff steeg, mark truett.”

“Other professional: program service expenses 771,507. Management and general expenses 129,806. Fundraising expenses 175,575. Total expenses 1,076,888.”

“Change in value of charitable reminder trusts -11,119.”

“The organization has an audit committee that assumes responsibility for the oversight of the audit and selection of an independent accountant. This process has not changed from prior years.”