Living Arts

“A copy of the form 990 is reviewed by the finance committee. The finance committee then forwards the form 990 to the governing body for approval. All board members will receive a copy of the form 990 in their email prior to the following board meeting for review and an in-person vote and adoption per living arts by-laws at the following board meeting.”

“Living arts by-laws require officers, directors, trustees and key employees to disclose conflicts as they arise. The policy is shared at new board member orientation, as part of their larger board manual (that includes form 990 and the prior year audit).”

“Officers and directors are not compensated per livng arts by-laws.the executive directors' compensation is reviewed annually by the executive committee of the living arts board of directors (comprised of president, vice president, secretary, and treasurer) and recommended to the full board for vote and adoption. The salary range is informed by comparability data from the national guild for community arts education benchmarking report. Top management compensation is reviewed and set annually by the executive director. The salary range is informed by comparability data from the national guild for community arts education benchmarking report.”

“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 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.”