The Monarch Music and Arts Community

“A complete copy of Form 990, including all schedules, was distributed electronically to all members of the governing board prior to filing. Each board member was provided the opportunity to review the return before submission to the IRS.”

“The Monarch Music & Arts Community, Inc. maintains a written Conflict of Interest Policy requiring each director and officer to annually sign a disclosure statement affirming receipt and compliance. Potential conflicts are disclosed to the Board, and the affected individual is excused from discussion and voting. Disclosures and actions are recorded in the minutes, and periodic reviews ensure continued compliance with the policy.”

“Although a formal written document retention and destruction policy has not yet been adopted, Article IX of the Bylaws requires the maintenance of permanent records (including minutes, reports, and financials) and provides directors with inspection rights to ensure compliance with legal recordkeeping standards.”

“The Board reviews compensation for the Executive Director and Director of Operations using comparable data from similar nonprofit organizations. Reviews are conducted annually, at arm's length, with interested persons recused from voting, to ensure compensation is reasonable and consistent with the organization's charitable purpose, as outlined in its Conflict of Interest Policy.”

“The organization makes its governing documents, Conflict of Interest Policy, and financial statements available to the public upon request. Requests may be made in writing or by email to the organization's main contact address.”

“KEY- "Line Item (Detail): $Total ($Program, $MgtGen, $Fundraising)". Artist Fees (Performing Artists, Ticketed Events): $24713 (24713, 0, 0). Catering Svcs: $3422 (0, 0, 3422). General Contracting Work: $1938 (1550, 388, 0). Other Services: $1490 (1192, 298, 0).”