Humanities Texas

“Form 990 is prepared by a third party and reviewed and approved by htx management. In addition the return is included in board orientation manuals and in board meeting notebooks.”

“Conflict of interest policy is stated in the bylaws, discussed in board orientation meetings, and emphasized in the grants committee where board members review proposals for funding. Staff also review all areas where there may be a potential conflict of interest. The policy is provided in board meeting notebooks.”

“The board of directors, in executive session, conducts an annual review of the executive director's performance. Decisions regarding compensation are based on performance, comparable salaries of other nonprofit executives, and current financial constraints.”

“The executive director authorizes staff compensation based on performance, comparable salaries of other nonprofit staff, and current financial constraints. All staff evaluations are conducted in the course of preparing the annual budget. When necessary, evaluations are conducted in the aftermath of significant projects or programs.”

“The bylaws are on htx's website, and the irs 990 and audited financial statements are noted as available upon request.”

“The executive committee, in consulation with the board of directors and the executive director, is charged with the development, implementaton, and evaluation of the administrative and program policies of the council. The treasurer will provide oversight of the fiscal operations of the council and will provide information to the board of directors on the financial status of the council's operations and programs. The board of directors will approve selection of an independent accountant for annual audits typically every three years.”

“Htx does undergo an annual audit as required by the u.s. Office of management and budget circular a-133.”

“The board, by resolution adopted by a majority of the directors at a meeting at which a quorum is present, may designate and appoint other committees as needed. Except as otherwise provided in such resolution, the chair of the council shall appoint the members of such committees. Such committees shall have only the powers specifically delegated to them by the board and shall not have any power to exercise the authority of the board in the management of the council.”