Colorado Symphony Association

“Jerry kern and mary rossick kern have a family relationship.”

“A redacted copy of the form 990 is sent for review to the finance committee prior to filing. In addition, a redacted copy of the tax return is sent to the entire board for review before filing with the irs.”

“The colorado symphony association (csa) has a conflict of interest policy covering officers, trustees, committee members, musician trustees, staff members, and certain consultants (if appropriate). Each responsible person must annually complete a disclosure form identifying any relationships, positions, or circumstances that could contribute to a potential conflict of interest. The disclosure form must be submitted to the executive committee. The executive committee is responsible for reviewing potential conflicts of interest and handling what it determines to be actual conflicts of interest in the manner described in the policy under "reviewing and managing conflicts of interest". If the executive committee or responsible person becomes aware that csa is about to enter into or make any decisions involving a conflict of interest transaction with the responsible person, a family member, a friend, or a related entity, the responsible person must: 1) immediately inform those charged with approving the transaction on behalf of csa of the conflict of interest 2) aid the persons charged with making the decision by disclosing to such person(s) any material facts that bear on the advisability of the transaction from the standpoint of csa and 3) not participate in the deliberation or vote on the decision to enter into such transaction, and not attempt to exert his or her influence with respect to the matter, either at or outside the meeting. The executive committee will report to the board at its next regular meeting the results of any review and the action taken.”

“Compensation for the ceo was determined after comparison of similarly qualified persons in comparable organizations and after analyzing the value brought to the csa by the ceo. An independent compensation committee consisting of both trustees and non-trustees reviewed pertinent data and made the compensation recommendation to the board which approved the ceo's compensation amount. Compensation increases other than the standard percentage for other senior management positions are made after comparing the current compensation with compensation based on similarly qualified persons in comparable organizations and after analyzing the value brought to the csa by senior management staff person(s).”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request via mail, email or in person at its offices.”

“Change in value of beneficial interests in assets held by others 1,193,019.”