Act One

“Mark kochman and scott candrian have a business relationship.”

“Primary responsibility for the preparation of the irs form 990 rests with the organization's accounting records from four leaf financial and accounting, pllc, the board treasurer and executive director who will work with and rely on the organization's independent accountants in preparing the form 990. The draft form 990 will be presented by the treasurer to the organization's board of directors for review prior to its filing. The executive director will compile comments to the draft form 990 and send to the organization's independent accountants for possible revision of the form 990, to the extent deemed appropriate in their professional judgment. If any revisions are made, the final version of form 990 will be sent to the board prior to filing. The final form 990 will be submitted to the executive director for approval before filing, to occur as soon as reasonably practicable after signing by the appropriate organization representative, but in no event later than (a) the 15th day of the fifth month after the close of the organization's fiscal year, or (b) the extended due date of the return.”

“The conflict of interest policy covers directors, officers and all employees who can influence the actions of act one, such as those who make purchasing decisions, management personnel, and all who have proprietary information concerning act one. An annual conflict of interest statement is required and discloses relationships and potential conflicts. Further, it is the continuing responsibility of the board, officers, and management employees to scrutinize their transactions and outside business interests and relationships for potential conflicts and to immediately make such disclosures. Transactions with related parties may be undertaken only if all of the following are observed: 1. A material transaction is fully disclosed in the audited financial statements of the organizations; 2. The related party is excluded from the discussion and approval of such transaction; 3. A competitive bid or comparable valuation exists; and 4. The organization's board has acted upon and demonstrated that the transaction is in the best interest of the organization.”

“The review process for the executive director's compensation is led by the board chair. The compensation range is established by comparing executive director compensation for similar size organizations. Education and years of experience are also taken into account.”

“The organization makes its form 990 available for public inspection upon request. In addition, form 990 is available online at www.guidestar.com. The organization makes its governing documents, financial statements and conflict of interest policy available to the public upon request.”

“Act one makes the arts accessible to more than 530,000 children and families in arizona each year through field trips for k-12 students from title 1 schools and the culture pass. Field trips act one partners with title 1 schools in metropolitan phoenix and metropolitan tucson as well as nearby areas that have limited educational arts field trip opportunities. Act one coordinates the field trips with educators, schools, districts and the arts organizations, handling reservations and paying admission costs to the arts venues; coordinating and paying for transportation via district buses or contracted bus services; providing teaching materials to help prepare for the field trip; and providing books when they complement the field trip. Schools are responsible for a $1 program partnership fee per participant. In the 2019-2020 school year, before the pandemic halted programs, act one brought more than 37,000 k-12 grade students from title 1 schools to 224 field trips in the phoenix and tucson areas. Culture pass more than 500,000 can visit an arts or cultural museum or attend a theater or music performance with the act one culture pass, available in 60 arizona libraries. More than 55 arts partners generously make passes available for free to the public, who can check out passes with their library cards. In the phoenix metropolitan area, act one partners with 51 libraries, more than a dozen attraction arts partners and 19 performance arts partners to provide culture passes to library cardholders. The culture pass debuted in tucson in fall 2015 and has grown to availability at 11 pima county public libraries and the pima community college desert vista campus and west campus libraries. 9 tucson arts partner attractions, 8 statewide arts partner attractions and 13 tucson performance arts partners provide culture passes for pima county library card holders. The sedona public library offers culture passes for several attractions in northern arizona as well as offerings in metro phoenix that sedona public library card holders can check out.”