Living Arts

“A copy of the form 990 is reviewed by the executive director, and then the finance committee reviews and forwards the form 990 on to its governing body for approval. Depending on the timing of the board meetings, living arts staff either emails a copy of the form 990 to all members prior to filing for electronic approval, as permitted by living arts by-laws, or distributes copies at a board meeting for an in-person vote.”

“Yes, our policy requires officers, directors, trustees and key employees to disclose conflicts as they arise, which could be more or less frequent than annually.the policy is shared with new board members when they are oriented and they receive a board manual.”

“At present time officers and directors are not compensated. Should that change in the future, the method of determining compensation is expected to be similar to the method used to determine the compensation of the executive director.the process for determining compensation of living arts' executive director was reviewed by the internal capacity committee at the time of hire, and was informed by data from the consulting firm apparatus solutions, inc.”

“At present time the organization does not have any other officers or key employees (based on irs definition). Should that change in the future, the process for determining compensation of living arts' other key employees, including arts instructors, was informed by comparability data from the national guild for community arts education benchmarking report.the process for determining compensation of living arts' director of programs, director of administration, program managers and officer manager included a review and approval by the internal capacity committee of the board and was informed by comparability data from the consulting firm, cobblestone solutions, and the national guild for community arts education benchmarking suvery data.”

“Living arts makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“Other program services 4: living arts' teatro chico performance services provides osa students with opportunities to perform for southwest and metro detroit audiences alongside professional dancers, musicians, media and other artists. The series 2016-17 season at the ford resource and engagement center featured: dia de los muertos; nuestra historias, our histories; all people, all art; and [other] americans. The series was attended by 650 community members.”

“The finance committee oversees the audit process and the resulting financial statements. The finance committee approves the draft financial statements for board approval, and then the whole board of directors reviews the draft statements, and approves the final audit and form 990.”