Monroe Street Arts Center Inc.

“The prepared form 990 is reviewed by the organization's governing body before the return is filed with the irs.”

“All officers and directors are required to sign a conflict of interest policy statement on an annual basis. In connection with any actual or possible reported conflict of interest, an interested person must disclose the existence of the interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing body delegated powers. After disclosure of the interest and all material facts, the interested person shall leave the governing body or committee meeting while the determination of a conflict of interest is discussed and voted upon by the remaining directors or committee members. The governing body or designated committee conducts periodic reviews to ensure that the organization does not engage in activities that could jeopardize its tax-exempt status.”

“A compensation survey provided by an independent source is used by the members of the governing body to determine the compensation of the executive director.”

“The organization makes its governing documents and financial statements available to the public upon request. The organization does not makes its conflict of interest policy available on request.”

“Piano tuning: program service expenses 2,245. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,245. Workshop instructor: program service expenses 107,615. Management and general expenses 17,219. Fundraising expenses 18,653. Total expenses 143,487. Consultants: program service expenses 7,830. Management and general expenses 0. Fundraising expenses 500. Total expenses 8,330. Payroll processing: program service expenses 4,081. Management and general expenses 0. Fundraising expenses 453. Total expenses 4,534.”