Dallas Center for the Performing Arts Foundation

“The board of directors authorizes the finance committee to review and approve the form 990. The organization makes the form 990 available to the board of directors in the year it is filed.”

“At the direction of the board of directors, the executive management team reviews and informs on conflicts and potential conflicts on interest. Any reported conflicts are reported to the board for review and actions, where appropriate. An individual with a potential conflict of interest in a transaction or arrangement must recuse himself or herself before the board or board committee discusses and votes on the transaction or arrangement. In addition, the board of directors and executive management team are obligated to update their conflict of interest statement annually.”

“An independent board committee, which reports to the board, researches salary ranges for comparable descriptions and accordingly set the salary to a reasonable and comparable level, taking into consideration factors such as geographic location, skillset, experience, and job requirements. A compensation consultant is engaged to do a competitive benchmarking for the ceo and all vice-president positions to determine if compensation is reasonable, fair and not excessive, and this data is reviewed with the talent and diversity committee in detail. Compensation of the ceo is also reviewed and approved by the executive committee of the board. The independent members of the board base their final decision on this information, such decision being made prior to the payment of any compensation.”

“The organization's governing documents, conflict of interest policy, and financial statements are available upon request. The financial statements are also available on the organization's website.”

“Artist/musician/honorarium payments: program service expenses 4,245,534. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,245,534. Benefits admin service fees: program service expenses 0. Management and general expenses 49,637. Fundraising expenses 0. Total expenses 49,637. Contract labor: program service expenses 136,175. Management and general expenses 236,519. Fundraising expenses 0. Total expenses 372,694. Copro consult fee/profit share/ancillary split: program service expenses 123,629. Management and general expenses 0. Fundraising expenses 0. Total expenses 123,629. Drivers and runners: program service expenses 10,651. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,651. Emt: program service expenses 39,024. Management and general expenses 0. Fundraising expenses 0. Total expenses 39,024. Parking garage contracted services: program service expenses 815,335. Management and general expenses 0. Fundraising expenses 0. Total expenses 815,335. Payroll service fees: program service expenses 0. Management and general expenses 24,890. Fundraising expenses 0. Total expenses 24,890. Presenter league dues & licensing fees: program service expenses 11,874. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,874. Recruiting service fees: program service expenses 0. Management and general expenses 17,334. Fundraising expenses 0. Total expenses 17,334. Security services: program service expenses 954,914. Management and general expenses 0. Fundraising expenses 85. Total expenses 954,999. Stagehands/wardrobe contract labor: program service expenses 1,513,312. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,513,312.”

“Bad debt expense -18,729.”