Kansas City Art Institute

“Herbert kohn and josh rowland have a business relationship. Kristin goodman and jay tomlinson have a business relationship.”

“The irs 990 is reviewed in draft form by the following: chairman of the board, treasurer of the board, president, executive vp administration/cfo and the director of finance and accounting. Prior to filing, the irs 990 is forwarded to all members of the kcai board. The irs 990 is then electronically filed by the independent accountants on behalf of kcai after the entire kcai board has had adequate time to review the return.”

“The conflict of interest policy is included in the by-laws of the kansas city art institute and is distributed annually to all board members and officers of the college. The policy includes provisions for authorizing, approving or affirming conflict of interest transactions. As a result of the annual distribution, board members and officers are knowledgeable of the policy and how the college complies with it. Annually, the cfo prepares a memo to the president and board chair which provides a listing of any business transactions between the college and board member(s) for the fiscal year then ended. This memo is provided to the executive council for review and approval. Some transactions are one-time transactions and have been approved by the board in advance of the transaction in compliance with the by-laws of the organization. Other transactions are ongoing activities and are approved annually when the memo is reviewed by executive council. Per the bylaws, approval of conflict of interest transactions requires a majority of the trustees or members of the board committee who have no direct or indirect interest in the transaction to authorize, approve or ratify the transaction. A member of the board of trustees must abstain from voting or attempting to influence the vote on any matter before the board that places him or her in a conflict of interest. Trustees are required to disclose the conflict or potential conflict as soon as s/he recognizes the conflict. Annual questionnaires are sent to all board members and officers that require them to inform the school of loans, business relationships, grants and other potential conflicts of interests. The responses to the questionnaires are reviewed to insure that all conflicts of interest have been brought before the board for authorization, approval or ratification.”

“The executive council of the board of trustees annually reviews the president's compensation. Kcai is a member of the association of independent colleges of art and design, which is a non-profit consortium of 43 leading art and design colleges in the united states and canada. As such, the council utilizes data from eight to ten of the colleges that are comparable and relevant to kcai to benchmark the salary and benefits of the president. The compensation package provided approximates an amount that is less than or equal to the averages of these schools.”

“The president annually reviews the compensation of all vice presidents. Benchmarking data is used for comparison purposes.”

“The organization's governing documents, conflict of interest policy and financial statements are available upon request.”

“The kansas city art institute is a private, nonprofit, independent four-year college of visual art and design granting a bachelor of fine arts degree. The mission of the institute is to be a leader in the visual arts and design education by preparing gifted students for lifelong creativity through intensive interaction with preeminent faculty and facilities, and by stimulating active public awareness, support, and participation in the visual arts and design.”