Salt Lake Music School Foundation

“Karen peterson barrett peterson board member board member mother - son”

“During the year ended 8/31/2024, the organization did not have any committees which had been granted authority to act on behalf of the governing body.”

“The organization's form 990 was prepared by the organization's cpa in consultation with the organization's director of finance. It was reviewed in detail by the organization's director of finance, treasurer and executive director for accuracy and reasonability. A complete copy of the form 990 was provided to the organization's board of directors before it was filed.”

“The organization provides a copy of its conflict of interest policy to all officers and directors during onboarding. In addition, a copy is provided annually. All officers and directors are required to review the policy and sign a disclosure statement, which acknowledges and understanding of the policy and discloses any potential conflicts of interest they are aware of. All potential conflicts of interest are reviewed by the executive committee to determine the appropriate action to be taken to eliminate or mitigate risks posed by the conflict. The organization requires that officers and directors with conflict of interest be recused from the deliberation and voting related to a transaction or action in which they may have conflict.”

“At the time or hire and on an annual basis following, a committee of the board of directors establishes the executive director's compensation. The organization requires that no member of the committee have a conflict of interest related to the compensation arrangement. The committee uses salary surveys, publicly available 990s, and other information for similar positions and similar organizations within the region to establish a reasonable level of compensation. The committee contemporaneously documents its discussions and decisions in committee minutes.”

“The organization's governing documents, conflict of interest policy, and form 990s are available upon request to the organization's office. In addition, the organization's 990s for the past several years are available through guidestar.org and the organization's articles of incorporation are available through the utah department of commerce division of corporations and commercial code.”

“OTHER PROGRAMS”

“Contract labor 0 114 0 payroll processing fees 0 1,753 0 management services 10,500 0 0 contractors 7,562 0 0 guest artists 11,400 0 0 total 29,462 1,867 0”