Kronos Performing Arts Association

“Board members Alice Wingwall and Donlyn Lyndon are married to each other.”

“FORM 990 IS PREPARED BY AN OUTSIDE TAX PROFESSIONAL. THE FORM IS REVIEWED BYTHE ORGANIZATION'S MANAGEMENT, A MEMBER OF THE BOARD OF DIRECTORS, AND THE MANAGINGDIRECTOR. THIS GROUP OF INDIVIDUALS DISCUSSES THE CONTENTS OF THE RETURN WITHTHE OUTSIDE TAX PROFESSIONAL. After a full review, the final version of the tax return is provided to all members of the organization's voting body. A representative of management authorizes the final return which is then e-filed with the Internal Revenue Service.”

“Members of the board of directors review all potential conflicts of interest atleast annually. All personnel and board members are required to disclose (inwriting) potential conflicts and any related party affiliations. Loans between theorganization and members of management and the board are strictly prohibited. Theorganization seeks full transparency on all relationships. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures.”

“Members of the board of directors review the compensation of all high-level personnel periodically in accordance with irs rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries. Specifically, the organization uses the opportunity knocks national compensation and benefits survey to determine the amount of compensation. Every effort is made to ensure that the process is thorough and transparent in accordance with irs guidelines and the organization's policies and procedures. Final compensation adjustments are approved by the board.”

“Members of the board of directors review the compensation of all high-level personnel periodically in accordance with irs rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries. Specifically, the organization uses the opportunity knocks national compensation and benefits survey to determine the amount of compensation. Every effort is made to ensure that the process is thorough and transparent in accordance with irs guidelines and the organization's policies and procedures. Final compensation adjustments are approved by the board.”

“All of the organization's governing documents, financial statements and other legalfilings are maintained in a secure environment and held available for inspection bytax authorities and the general public. Tax returns are posted annually towww.guidestar.org (where they are available for viewing as electronic copies) and are also available for a physical inspection at the organization's office in san francisco, california.”

“OTHER PROGRAM SERVICES 4: CREATION: KPAA HAS COMMISSIONED MORE THAN 1,000 NEW WORKS AND ARRANGEMENTS FOR THE KRONOS QUARTET SINCE THE GROUPS FOUNDING. KRONOS PRODUCES STAGE WORK COLLABORATIONS, INCLUDING RECENT PRODUCTIONS OF A THOUSAND THOUGHTS, MY LAI, AND THE ALONZO KING BALLET 35TH ANNIVERSARY SEASON. HUNDREDS OF WORKS COMMISSIONED BY KRONOS HAVE BEEN PERFORMED BY OTHER MUSICIANS AND USED IN DANCE, THEATRE, TELEVISION, AND FILM PRODUCTIONS. OTHER PROGRAM SERVICES 5: MISSION STATEMENT (continued from Form 990 Page 2) THE UNDERSTANDING OF MUSICS ROLE AS A POWERFUL FORCE IN SOCIETY. THE CORNERSTONE OF OUR MISSION IS THE UNIQUE, LIVE PERFORMANCE VOICE OF THE STRING QUARTET- THE COMING TOGETHER IN CONVERSATION OF DISTINCT BUT INTEGRATED VOICES. IT IS FROM THE ARTISTIC FOUNDATION THAT WE EXPLORE, EXTEND, AND ENHANCE THE MUSICAL EXPERIENCE FOR ARTISTS, AUDIENCES, AND GLOBAL COMMUNITIES. WE ACHIEVE OUR MISSION AS A NONPROFIT ORGANZIATION THROUGH A WIDE VARIETY OF PROGRAMMATIC INITIATIVES, INCLUDING COMMISSIONING, PERFORMING, PRESENTING, RECORDING, PUBLISHING, ARCHIVING, TEACHING, MENTORING, AND ENCOURAGING THE NEXT GENERATION OF ARTISTS AND AUDIENCES. KRONOS HAS RECEIVED OVER 40 AWARDS, INCLUDING BOTH THE POLAR MUSIC AND AVERY FISHER PRIZES. IN 2018 THE GROUP BECAME THE FIRST US-BASED MUSICIANS TO RECEIVE THE WOMEX (WORLD MUSIC EXPO) ARTIST AWARD. OTHER PROGRAM SERVICES 6: EDUCATION (continued from Form 990 Page 2)PERFORMERS, COMPOSERS AND ARTS PROFESSIONALS ON AN ONGOING BASIS. OTHER PROGRAM SERVICES 7: PERFORMANCES (continued from Form 990 Page 2)KRONOS AND AN ARTIST IN RESIDENCE, LOCAL AND INTERNATIONAL GUEST ARTISTS, AS WELL AS STUDENT MUSICIANS.”

“Change in present value of LT pledges = $5818”