American Registry Of

“Committees (finance & audit, investment, ethics, etc.) are comprised of board members that are part of the full governing body (arrt board of trustees). The scope of each committee authority is outlined in the arrt trustee handbook.”

“Arrt does not have stockholders. Members (rts) do not have classes, voting rights, etc.”

“The form 990 will be reviewed and approved by the entire board of trustees prior to filing the return”

“Officers and trustees are required to annually report in writing any interests or participation in other organizations and causes. Officers and trustees are required to disclose to the board a conflict of interest of potential conflicts of interest between annual reports. Individuals with potential or actual conflicts are not counted for purposes of a quorum and abstain from voting on and influencing any action taken with respect to any matter which may be affected by such conflict. Determinations are made by the remaining members that do not have an interest in the transaction. All proceedings related to conflicts of interest are documented in the meeting minutes.”

“Executive sessions to review the chief executive officer's performance and adjusts compensation based upon that review using the appropriated comparability data and documentation of the deliberation and decision. The process was last conducted in 2024 for chief executive officer liana watson. Other officers or key employees - the chief executive officer, with guidance from the board of trustees, determines compensation increases with additional input from supervising directors and managers using the appropriate comparability data and documentation of the deliberation and decision. This process was last conducted in 2024 for executive team members.”

“The organization makes its governing documents available to the public on guidestar and upon request. The organization makes its conflict of interest policy and financial statements available to the public upon request.”