Lawyers for the Creative Arts

“Form 990 is made available in electronic form to the governing board prior to the filing with the internal revenue service.”

“The organization has defined an operating policy on all matters that might lead to a conflict. This is communicated to board members annually. Any director, officer, or member of a committee with authority to take action on behalf of the board of directors ("designated committee"), who has a direct or indirect financial interest is an interested person. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of designated committees considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, the interested person shall leave the board of directors or designated committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or designated committe members shall decide if a conflict of interest exists. An interested person may make a presentation at the board of directors or designated committee meeting, but after the presentation, the interested person shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The chairperson of the board of directors or designated committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the board of directors or designated committee shall determine whether the corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the board of directors or designated committee shall determine by a majority vote of disinterested directors whether the transaction or arrangement is in the corporation's best interest, for its own benefit, and whether it is fair and reasonable. In conformity witht the above determination it shall make its decision as to whether to enter into the transaction or arrangement.”

“Determination of the executive director's salary is determined by the executive committee of the board of directors by using comparability data.”

“The organization's governing documents, conflict of interest policy and financial statements are available upon request.”