Marin CIVIC Ballet Association

“Two board members are related. Mother/daughter relationship.”

“The board of directors will receive a copy of the final version of the annual irs form 990 - "return of organiztion exempt from income tax"prior to its filing date. This tax return will be provided to the board by the organization prior to the monthly meeting of the board of directors, allowing sufficient time for the board's examination. The review and approval of the form 990 will be an agenda item at the board of director's meeting prior to the filing date.”

“To ensure marin ballet operates in a manner consistent with its charitable purpose and does not engage in activities that could jeopardize its tax-exempt status, periodic review ard conducted. The periodic reviews shall, at a minimum, include the following subjects: 1. Whether compensation arrangements and benefits are reasonable, based on competent survey information and the result of arm's length bargaining. 2. Whether partnerships, joint ventures, and arrangements with management organizations comform to marin ballet's written politcies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.”

“The board of directors reviews the executive director's compensation package annually in conjunction with a performance evaluation of areas of responsibility. The board of directors considers salary survey data of executrive director positions in similarly-sized organizations, both in annual budget and total number of employees, within the north california geographic area, for comparison purposes when setting the executive director the executive director's compensation package. The executive director reviews the compensation of key management employees annually in conjuntion with a performance evaluation of areas of responsibility. As with the executive director's review process, the executive director considers salary survey data of the same or similar positions in similarly sized organizations, both in annual budget and number of employees managed, with in the northern california geographical area for comparison purposes when setting the salaries of the key employees. The salaries of the key employees are reviewed by the board of direcotrs as part of the annual budget approval process.”

“Marin ballet, as a tax-exempt 501(c)(3) organization, will make it's annual return - form 990 "return of organization exempt from income tax" available for public inspection during regular business hours, monday through friday at 100 elm street, san rafael, california.”