Northern Sky Theater Inc

“The organization has an executive committee with the ability to make governing decisions on behalf of the board. The committee is comprised of the board chair, vice chair, treasurer, secretary, as well as one or two senior board directors.”

“The human resource committee is comprised of the board chair, board treasurer, one senior board member and the managing director. They have authority to address human resource issues, determine management compensation and oversee the hiring and review of the managing director and artistic director positions.”

“The draft 990 is received from the auditor and reviewed by the managing director who, in turn, relays the document to the finance committee and business manager for review. After finance committee review and approval, the managing director communicates the organization's approval to the auditor to finalize the document. Once the 990 is finalized and filed, the full board receives a digital copy.”

“Board members and endowment trustees review and re-sign the northern sky theater conflict of interest and confidentiality policy forms annually. Additionally, because of the close-knit nature of the door county business and social community, there is a high probability that the board in general will be aware of any individual member's potential conflict of interest. Directors typically self-recuse themselves from any vote or guidance they believe might be perceived as being in conflict. In rare cases, the managing director or chairperson may counsel a board member to recuse prior to meeting. All board members and endowment trustees are required to review, commit to, and sign the northern sky conflict of interest policy. Potential conflicts of interest are reviewed by the managing director. If a conflict of interest is determined to exist, the relevant board member will be excluded from discussion for the transaction, motion or action in question. Any related proceedings are recorded in the organization's meeting minutes.”

“The review of key employee compensation is made by the human resource committee and includes consideration of comparability information for management compensation of other performing arts organizations in door county. The human resource committee, often with input from the managing director, recommends salary and/or benefit adjustments to the finance committee. The finance committee makes a recommendation to the board for final approval during the annual budgeting process. The process described here was last completed in 2024.”

“The organization makes its governing documents, conflict of interest policy, and financials available upon request.”

“The process has not changed from prior year.”