Burning Man Project

“Board members will roger peterson and nanci o. Peterson are a married couple. Board member mercedes martinez is married to former board member chris weitz. Board member terry gross is engaged as an attorney by and through his law firm. See schedule l, part iv”

“The information required to be reported on this form 990 was initially compiled by the organization's finance and accounting department, primarily relying on the organization's general ledger, audited financial statements, and other financial systems. The organization's director of finance, controller, general counsel, and external tax advisors then participated in a series of detailed reviews of the form 990. The form 990 was also reviewed by the organization's senior management, including the ceo and treasurer, and the audit committee of the organization's board of directors, and portions of the form 990 were reviewed by external legal counsel. A complete copy was provided to each member of the board of directors for an opportunity to review and comment prior to filing the return.”

“The organization regularly and consistently monitors and enforces compliance with its conflict of interest policy by requiring ongoing disclosure of potential conflicts when warranted and, specifically, on an annual basis, review of such disclosures by the board of directors, and by recusal by conflicted individuals from board deliberations and decision-making regarding such transactions. A conflict of interest disclosure statement must be completed, signed and returned to ceo, if for staff, or the board of directors if for directors or board committee members.”

“The board has a written board approval of compensation policy that includes a requirement that all compensation be fair and reasonable to the organization, and determined based upon survey compensation comparability data. Bmp subscribes to two recognized nonprofit salary surveys, one specifically for northern california, where most of its staff are employed. The board approves the compensation of the organization's senior executive staff and bmp's founders, and delegates determination of compensation for other staff to the ceo, who is required contractually to abide by the board approval of compensation policy, and all other board policies in determining compensation. Where appropriate, it seeks the advice of the organization's general counsel and appropriate external legal counsel and cpas.”

“Copies of burning man project's governing documents, conflict of interest policy, and financial statements can be obtained by request from burning man project.”

“Building & supplies: program service expenses 1,034,423. Management and general expenses 7,586. Fundraising expenses 118. Total expenses 1,042,127. Ticket service & shipping fees: program service expenses 906,945. Management and general expenses 0. Fundraising expenses 0. Total expenses 906,945. Merchant bank fees: program service expenses 767,209. Management and general expenses 11,985. Fundraising expenses 5,835. Total expenses 785,029. Vehicle maintenance & fuel: program service expenses 628,799. Management and general expenses 6,045. Fundraising expenses 49. Total expenses 634,893. Tax/license fees: program service expenses 288,576. Management and general expenses 73,691. Fundraising expenses 60. Total expenses 362,327. Performance supplies: program service expenses 197,295. Management and general expenses 283. Fundraising expenses 0. Total expenses 197,578. Maintenance & repairs: program service expenses 44,102. Management and general expenses 41,690. Fundraising expenses 0. Total expenses 85,792. Damage & loss: program service expenses 56,886. Management and general expenses 0. Fundraising expenses 0. Total expenses 56,886. Miscellaneous: program service expenses 0. Management and general expenses 6,825. Fundraising expenses 0. Total expenses 6,825.”

“The board selects an independent, certified public accounting firm to conduct the audit.”