Conservatory of Vocal and Instrumental Arts

“No committees have the authority to act on behalf of the governing body.”

“The executive director reviews and signs the tax return.”

“Conflict of interest statements are completed annually. Statements are reviewed by the executive director for conflicts. An interested person may make a presentation at the governing board meeting, after the presentation they shall leave the meeting during a discussion and vote on the transaction arrangement. After exercising due diligence the governing board shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumtstances not producing a conflict of interest, the governing board shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organization's best interest, for its benefit, and whether it is fair and reasonable.”

“A salary schedule is approved by the board for all employees except the director whose compensation is determined by equivalent positions in the bay area. The teacher salary schedule is based on experience and alignment with local districts. The board and director are in charge of the process.”

“The documents are readily available to the public upon request.”

“District oversight fee: program service expenses 6,898. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,898. Educational consultants: program service expenses 121,625. Management and general expenses 0. Fundraising expenses 0. Total expenses 121,625. Financial services: program service expenses 80,388. Management and general expenses 0. Fundraising expenses 0. Total expenses 80,388. Professional/consulting services and operating exp: program service expenses 70,758. Management and general expenses 0. Fundraising expenses 0. Total expenses 70,758. Other fees: program service expenses 2,590. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,590.”