Gage Academy of Art

“No committees have authority to act on behalf of the board. Committees make recommendations to the baord, who then votes.”

“The finance committee of the board will review the return prior to it being filed.”

“All board members are provided the conflict of interest policy and are required to sign a conflict of interest contract. It is the responsibility of all board members to continually monitor and disclose any new or potenctial conflict of interest concerns on an ongoing basis when a conflict of interest occurs. The board determines of there is a conflict of interest, reviews it, and determines whether certain actions need to be taken. The board will be alerted if any outside person or organization attempt to provide an inducement to do business or provide services to gage (which the board member may not accept). The board will be alerted for any potential or actual conflict where they may have outside business or professional interests, ask that this notice is reflected in the minutes of the meeting, avoid taking part in discussing the matter, and excuse themselves from the room during the discussion and vote.”

“The executive committee deliberates on the executive director's salary adjustments and comes up with a proposal that will be presented to the trustees during an executive session at the june board meeting. The committee compared salary amounts to other like" positions including compensation ranges that were appropriate for an executive director of an organization our size with the background of our current executive director.”

“Gage's governing documents, conflict of interest policy and financial statements are made available at gage's office during normal business hours.”

“Executive search: program service expenses 0. Management and general expenses 53,498. Fundraising expenses 0. Total expenses 53,498. Information technology consulting: program service expenses 10,147. Management and general expenses 5,050. Fundraising expenses 1,817. Total expenses 17,014. Other professional services: program service expenses 0. Management and general expenses 2,999. Fundraising expenses 11,451. Total expenses 14,450. Contractor services: program service expenses 289,157. Management and general expenses 4,838. Fundraising expenses 0. Total expenses 293,995.”