New World Symphony Inc.

“Trustees madeleine arison and sarah s. Arison have a family relationship.”

“The cfo is responsible for the timely preparation of the federal form 990. It will then be presented to the finance committee sufficiently in advance of the filing deadline for their review. All members of the board of trustees will be invited to review the final federal form 990 upon request before filing with the internal revenue service.”

“Employees and board members of nws have an obligation to conduct business within guidelines that minimize actual of potential conflicts of interest as much as possible. The policy establishes the framework within which nws wishes its business to operate. The purpose of these guidelines is to provide general direction so that employees and board members can seek further clarification on issues related to the subject of acceptable standards of operation. Staff members at director-level and above and trustees are asked to complete a conflict of interest disclosure statement on an annual basis, which indicates whether or not they have participated in any business transaction that would give rise to a conflict of interest.”

“The compensation committee of the board of directors reviews comparability data when hiring a new president and annually approves the president's compensation package based on performance. The president approves, subject to the review by the compensation committee, the compensation packages for the executive vice presidents and senior vice presidents based on performance.”

“Nws makes its governing documents and conflict of interest policy available to the public upon request. The annual audited financial statements and federal form 990 are available on nws' website. The federal form 990 is also available through access of guidestar and charity navigator.”

“There are large differences between the prior year and current year columns in part i, lines 15 and 17 due to a presentation treatment change of salary expense in the current year.”

“The mission of the new world symphony is to prepare gifted graduates of distinguished music programs for leadership roles in orchestras and ensembles throughout the world. The new world symphony, america's orchestral academy (nws), offers a three-year postgraduate fellowship program focusing on musical technique, performance, audience development, and community engagement. Founded in 1987 by michael tilson thomas and ted arison, nws seeks to expand its 87 fellows' musical and professional horizons beyond traditional conservatory training. Visiting faculty offer master classes, coaching, private lessons, and advanced seminars in audition training, performance psychology, communications, and community engagement. In addition, nws fellows perform weekly concerts, playing a diverse repertoire in an array of performance formats. Nws envisions a strong and secure future for classical music, seeking to redefine, reaffirm, and share its traditions with as many people as possible. Nws' campus, new world center, opened in january 2011 to worldwide acclaim. The facility was built based upon the needs of nws programming, and invites and encourages the organization's use of technology for arts education, audience development, and community outreach and engagement. Using digital technology, video, moving images, and lighting, nws is broadening and diversifying audiences for classical music. Nws is a member in good standing of the league of american orchestras, an organization founded to facilitate the exchange of information and ideas related to artistic, volunteer, and managerial topics among u.s. Orchestras. Nws is also an accredited post-secondary non-degree granting member of national association of schools of music.”