Santa Barbara Bowl Foundation

“The organization gives all board members a copy of the 990 for review prior to filing . Questions are directed to the treasurer and/or staff; the treasurer recommends to the board the filing of the 990.”

“Transactions with parties with whom a conflicting interest exists may be undertaken only if all of the following are observed: 1. The conflicting interest is fully disclosed; 2 . The person with the conflict of interest is excluded from the discussion and approval of such transaction ; 3. A competitive bid or comparable valuation exists; and the board or executive committee has determined that the transaction is in the best interest of the organization. Disclosure involving employees and volunteers in the organization should be made to the chief executive officer (or if she or he is the one with the conflict, then to the board chair), who shall bring the matter to the attention of the board or executive committee. Disclosure involving directors and committee members should be made to the board chair, (or if she or he is the one with the conflict, then to the board vice- chair) who shall bring these matters to the board or executive committee. The board or executive committee determines whether a conflict exists and in the case of an existing conflict, whether the contemplated transaction may be authorized as just, fair, and reasonable to sbbf. The decision of the board or executive committee on these matters will rest in their sole discretion, and their concern must be the welfare of sbbf and the advancement of its purpose. The conflict of interest disclosure statement will be completed annually.”

“The executive committee performs an independent review to determine compensation. Compensation is then approved by the board of directors, budgeted, and memorialized in the minutes.”

“The governing documents are available during business hours or with advance appointment.”

“The bowl has an executive committee consisting of the officers of the corporation and two members of the board elected at the annual meeting. The executive committee shall have the general supervision of the affairs of the corporation between regular business meetings of the board, make recommendations to the board, and perform such other duties as are specified in the bylaws. The executive committee shall be subject to the orders of the board. The executive committee shall fix the hour and place of its meetings. Special meetings of the executive committee may be called by the president and shall be called upon written request of the three (3) members of the executive committee. The executive committee met 10 times during the year.”

“The foundation is charged with managing, maintaining and renovating the historic santa barbara bowl. The foundation is led by dedicated community volunteers to achieve the following major initiatives with the goal of becoming a leading outdoor performing arts center in the country: - to enhance the facilities of the santa barbara bowl for the comfort and enjoyment of both patrons and artists and to provide a long term funding source for facility maintenance and repairs. - to continually broaden the musical spectrum of bowl performances to reflect the diversity of our community and the interests of our patrons, and to provide support and funding for performing arts education in the santa barbara community.”

“Other professional fees: program service expenses 3,893. Management and general expenses 707. Fundraising expenses 763. Total expenses 5,363. Caretaker housing expenses: program service expenses 23,431. Management and general expenses 0. Fundraising expenses 0. Total expenses 23,431. Concession expenditures: program service expenses 1,300,321. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,300,321. Contractual labor for shows: program service expenses 1,115,232. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,115,232.”

“The process has not changed since last year.”