Phoenix Youth Symphony Orchestra Inc

“The organization has three classes of members: 1. Active members who pay dues, are entitled to vote in annual elections for the board of directors and to hold elected office; 2. Life members, who make a one time payment, are entitled to vote in annual elections for the board of directors and to hold elected office; and 3. Honorary members who neither pay dues nor are entitled to vote.”

“Active and lifetime members elect the members of the board of directors pursuant to a.r.s. Section 10-2011a and c. Voting members may also vote on matters referred to them pursuant to a.r.s. Section 10-2015(relating to referral of matters by the board of directors).”

“Pys monthly financial statements are distributed to all board members prior to each board meeting at which such financial statements are reviewed and discussed in detail for fluctuations from the annual budget. Pys annual financial statements (which contain all of the financial data presented in form 990) are approved by the board at its last meeting of the board year before finalization.”

“All officers and directors are required to annually review the organizations conflict of interest policy and sign an annual statement declaring any conflict of interest or lack thereof. Officers and directors self monitor throughout the year and disclose or recuse themselves from any discussion or votes which involve conflicts of interest.”

“The board of directors decides the compensation of the director by review of other similar non profit entitites and review of other form 990s.”

“The organization did not have these positions this fiscal year.”

“Copies of the organizations annual financial statements, annual federal income tax return form 990, by-laws and conflict of interest policy are posted on the pys website and are also provided to any interested party upon request.”

“Orchestral training and music appreciation - for over 50 years, pys programs have provided music education, instrumental and performance training of the highest quality to youth in the greater phoenix metropolitan area. Pys encourages the appreciation of and participation in symphonic music by not only providing high quality training through six ensembles but also sponsoring an annual music competition for all non- professional music students in grades 6 through 12 and providing a cultural enrichment program that gives teachers in grades 3 through 6 a listening guide to review with their students prior to attending pys concerts to enable the teachers and students to better understand and appreciate the musical compositions that will be played in the pys concerts they are going to attend.”

“Purchased services 170,520 0 0”