Cathedral Arts Project Inc.

“The 990 is reviewed by the audit committee before it is filed.”

“Everyone is asked to complete a disclosure form at the beginning of the fiscal year, which is then submitted to the president & ceo and board president. The coo maintains a record of when each board member submits her/his form and the president & ceo follows up with any who have not yet submitted a form until we have 100 percent”

“The executive committee of the board, comprised of our officers, utilized the payscale firm to generate comparable compensation figures for the position of president & ceo, using parameters that matched that of cathedral arts in terms of location, years of experience, number of employees, budget managed, organization type, typical degree level, signing authority, number supervised and level managed. There was a match count of 65 with a rating of "well-matched data." the president and ceo also utilized the payscale firm to generate comparable compensation reports for each of the staff positions. The goals of the executive committee were threeforld: 1) to formalize a compensaition approach for the president & ceo position inclusive of a base salary derived from a market value analysis; 2) to ensure alignment on the organizations annual goals; and 3) to agree upon a prescribed performance management process for the president & ceo position. The executive committee held four meetings without the president & ceo present; held two meetings with the entire board in executive session whereby staff, including the president & ceo was excused; and held two meetings with the president & ceo. The process included anonymous evaluations by each member of the board of directors which were submitted to the board president, who compiled the results and shared them with the executive commitee who in turn shared the results with the president & ceo.”

“The president & ceo also utilized the payscale firm to generate comparable compensation reports for each of the staff positions.”

“Everyone is asked to complete a disclosure form at the beginning of the fiscal year, which is then submitted to the president & ceo and board president. The coo maintains a record of when each board member submits her/his form and the president & ceo follows up with any who have not yet submitted a form until we have 100 percent compliance.”

“The cathedral arts project's mission is to enrich the quality of life in northeast florida through unleashing the creative spirit of young people. By providing access to instruction in the visual and performing arts, we empower underserved, school-aged children to succed in all areas of their lives. During 2013-2014, the cathedral arts project served 2,200 students during the school year and summer, providing quality, standards-based instruction in dance, music, theatre and the visual arts at no charge to our students.”

“Fundraising - direct expenses 81,323 loss on disposal of assets 1,235 fundraising - direct expenses -81,323 -1,235 book / tax depreciation difference 1,734”