Avaloch Farm Music Institute Inc C/0 Tauber Family Office LLC

“Alfred i. Tauber and paula l. Frederiksen are the members of the corporation for their respective lifetimes and maintain the right to elect the directors of the corporation.”

“Alfred i. Tauber and paula l. Fredriksen are the members of the corporation for their respective lifetime; and each has the right to elect the directors. The directors act at all times to pursue the charitable and educational objectives of the corporation consistent with their fiduciary responsibilities.”

“The irs form 990 is prepared by the accountant and reviewed by management. When both parties are satisfied with the irs form 990 draft return it is then presented to the members of the corporation for final review and approval. The final irs form 990 is presented to the board of directors at the annual meeting and incorporated into the meeting minutes.”

“Each year the institutes's conflict of interest policy (which is also made available for free on the institutes' website) is provided to the members, directors, executive director and key employees. These people are asked to review the policy and report all potential conflicts of interest. All potential conflicts will be evaluated by the board to determine if a conflict actually exists. In those instances where the potential transaction is a conflict, the board examines the transaction and a vote is taken (with those involved recusing themselves)as to whether the institute will enter into the transaction.”

“No member or director receives any form of compensation for their services. The board of directors determine the compensation for the executive director ("ed"). The board of directors conducts an annual performance review of the ed and may adjust compensation based on a number of factors including but not limited to local market conditions in new hampshire, financial condition of the institute, comparable compensation study using available public information for similar institutions, expected inflation, as well as specific organizational and financial performance goals that are consistent with the institute's charitable mission and purpose. This process involves the evaluation of the ed's and a review of compensation of comparable positions obtained from the irs form 990 of similar organizations. The board's deliberation and decision is noted in the minutes of the meeting.”

“See above description of compensation process.”

“The institute makes its governing documents (articles of incorporation and by-laws)and its annual compiled financial statements available upon request. The institute will mail copies upon request or provide copies to those who come to the administrative office during normal business hours. In order to comply with federal and state privacy laws, the institute will at its sole discretion redact sensitive and/or personally identifiable information before responding to information requests. The institute charges for the copies of governing documents and other information requests in accordance with irs regulations.”

“To offer professional musicians the opportunity to forge their musical idenities through an in-person music residency program that incorporates collaborative activities and other educational activities.”

“Volunteers provide concert coordination assistance and related services for no compensation.”

“Avaloch farm music institute "music residency program" provides a unique environment for chamber music and jazz ensembles at any stage of development to have the time and space in a rural campus setting to work intensively on repertorie, prepare for recordings,concerts and competitions, work with composers on commissions, and forge or reconnect group musical idenity. In addition,avaloch farm intends to provide a setting for arts and educational organizations to meet and concentrate on their particular mission.”

“Change in net investment income 361 income with donor restrictions 25,000 deferred residency application fees -35,470 total -10,109”