Indiana Symphony Society Inc

“As part of the conflict of interest process, board members and management employees are asked to disclose any direct business relationships. These relationships are reviewed to ensure that adequate approvals are secured for business relationships with the organization, and that business relationships between board members do not impact the governance structure of the organization.”

“The Society has an executive committee with the authority to act on behalf of the governing body.”

“Compensation for the Executive Leadership Team is determined by the CEO based on performance, scope and responsibilities of the job, as well as comparison to comparable positions from the League of American Orchestras annual survey, at the time of hire. this process is not documented.”

“Philip Kenney - Business relationship, Karen Ann Lloyd - Business relationship, Greg Loewen - Business relationship, Lucia Mar - Business relationship, Steven Rake - Business relationship, David Wilcox - Business relationship”

“Individual members are those who donate to the indiana symphony society, inc. (society) per year $100 or more, and corporate members are those who donate to the society per year $250 or more. Every individual member donating to the society $500 or more and corporate members donating to the society $1,000 or more to the annual operating fund of the society shall have the right at the annual meeting or special meetings of the members of the sociey to one (1) vote for each membership standing in that name on the books of the society. Member elected directors are elected by the voting members of the society at the annual meeting of the society. Candidates for election as member elected directors at the annual meeting of the members of the society shall be nominated by a board affairs committee of the board. Any group of five (5) or more voting members of the society may also nominate candidates for the board.”

“The society has its form 990 prepared by an outside accounting firm. It is then reviewed by the audit committee. A copy of the 990 is provided to all board members electronically prior to filing.”

“The conflict of interest policy is distributed annually to all board members and management with spending authority. In addition, each person is required to sign and return a form indicating they have read the policy and disclosed any conflicts of interest. All conflicts are first brought to the audit chair for review, then to the committee where necessary action will be decided if the conflict is deemed to be material.”

“COMPENSATION FOR THE CEO and executive leadership team IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF THE INDIANAPOLIS SYMPHONY ORCHESTRA . This process is performed and documented on an annual basis.”

“The Organization makes its form 990 available for public inspection as required under section 6104 of the Internal Revenue Code. The return is available on guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation, Form 990, and by-laws are also available upon written request or by calling the organization directly.”

“Pension Liability Adjustment - 1708190;”