TY 2018 Form 990 Schedule O

efile Public Visual Render ObjectId: 202041019349300434 - Submission: 2020-04-10 TIN: 01-6023519

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
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Attach to Form 990 or 990-EZ.
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Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2018

Open to Public
Inspection

Name of the organization

BAY CHAMBER CONCERTS INC

Employer identification number

01-6023519

Return Reference	Explanation
FORM 990 - ORGANIZATION'S MISSION	BAY CHAMBER CONCERTS, INC. IS A NONPROFIT ORGANIZATION WHOSE MISSION IS TO TRANSFORM LIVES THROUGH HIGH-QUALITY PROGRAMS, MUSIC EDUCATION AND COMMUNITY OUTREACH. THIS MISSION IS ACHIEVED BY 1. CONTINUING ITS 50-YEAR TRADITION OF PRESENTING CHAMBER MUSIC IN THE STATE OF MAINE 2. INTRODUCING AUDIENCES TO EXCELLENCE IN THE PERFORMING ARTS BY DELIVERING A DIVERSITY OF EVENTS AT A VARIETY OF VENUES 3. OFFERING VARIED AND PARTICIPATORY MUSIC EDUCATION FOR ALL AGES AND ABILITIES REGARDLESS OF FINANCIAL NEED THROUGH ITS COMMUNITY MUSIC SCHOOL 4. EXPANDING OUTREACH PROGRAMS AND COLLABORATING WITH OTHER ORGANIZATIONS 5. PROVIDING A SOUND ORGANIZATIONAL STRUCTURE, PRUDENT FINANCIAL MANAGEMENT, AND AN ENDOWMENT SUFFICIENT TO ACCOMPLISH ITS GOALS.
FORM 990, PAGE 6, PART VI, LINE 11B	EXECUTIVE DIRECTOR AND BOOKKEEPER REVIEW AND APPROVE THE 990 PRIOR TO FILING.
FORM 990, PAGE 6, PART VI, LINE 12C	TRUSTEES ARE REQUIRED TO ANNUALLY DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST, AND REFRAIN FROM VOTING ON RELATED MATTERS AS THE BOARD IS RELATIVELY SMALL AND INDIVIDUALS ARE KNOWN TO EACH OTHER, ENFORCEMENT OF THE CONFLICT OF INTEREST POLICY IS SELF REGULATED AND ANY POTENTIAL CONFLICTS ARE DISCUSSED WITH THE AFFECTED INDIVIDUAL(S)
FORM 990, PAGE 6, PART VI, LINE 15A	THE BOARD OF TRUSTEES APPROVES ALL EMPLOYMENT CONTRACTS FOR TOP MANAGEMENT,INCLUDING EXECUTIVE AND ARTISTIC DIRECTOR POSITIONS COMPARATIVE DATA FROM SIMILARLY SITUATED ORGANIZATIONS IS USED IN PROCESS OF SETTING FAIR COMPENSATION LEVELS
FORM 990, PAGE 6, PART VI, LINE 15B	THE BOARD OF TRUSTEES APPROVES ALL EMPLOYMENT CONTRACTS FOR TOP MANAGEMENT, INCLUDING EXECUTIVE AND ARTISTIC DIRECTOR POSITIONS COMPARATIVE DATA FROM SIMILARLY SITUATED ORGANIZATIONS IS USED IN PROCESS OF SETTING FAIR COMPENSATION LEVELS
FORM 990, PAGE 6, PART VI, LINE 19	FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE PROVIDED UPON REQUEST
FORM 990, PART XI, LINE 9	SCHOLARSHIPS -80,329 SCHOLARSHIPS 80,329

Return Reference

Explanation

FORM 990 - ORGANIZATION'S MISSION

BAY CHAMBER CONCERTS, INC. IS A NONPROFIT ORGANIZATION WHOSE MISSION IS TO TRANSFORM LIVES THROUGH HIGH-QUALITY PROGRAMS, MUSIC EDUCATION AND COMMUNITY OUTREACH. THIS MISSION IS ACHIEVED BY 1. CONTINUING ITS 50-YEAR TRADITION OF PRESENTING CHAMBER MUSIC IN THE STATE OF MAINE 2. INTRODUCING AUDIENCES TO EXCELLENCE IN THE PERFORMING ARTS BY DELIVERING A DIVERSITY OF EVENTS AT A VARIETY OF VENUES 3. OFFERING VARIED AND PARTICIPATORY MUSIC EDUCATION FOR ALL AGES AND ABILITIES REGARDLESS OF FINANCIAL NEED THROUGH ITS COMMUNITY MUSIC SCHOOL 4. EXPANDING OUTREACH PROGRAMS AND COLLABORATING WITH OTHER ORGANIZATIONS 5. PROVIDING A SOUND ORGANIZATIONAL STRUCTURE, PRUDENT FINANCIAL MANAGEMENT, AND AN ENDOWMENT SUFFICIENT TO ACCOMPLISH ITS GOALS.

FORM 990, PAGE 6, PART VI, LINE 11B

EXECUTIVE DIRECTOR AND BOOKKEEPER REVIEW AND APPROVE THE 990 PRIOR TO FILING.

FORM 990, PAGE 6, PART VI, LINE 12C

TRUSTEES ARE REQUIRED TO ANNUALLY DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST, AND REFRAIN FROM VOTING ON RELATED MATTERS AS THE BOARD IS RELATIVELY SMALL AND INDIVIDUALS ARE KNOWN TO EACH OTHER, ENFORCEMENT OF THE CONFLICT OF INTEREST POLICY IS SELF REGULATED AND ANY POTENTIAL CONFLICTS ARE DISCUSSED WITH THE AFFECTED INDIVIDUAL(S)

FORM 990, PAGE 6, PART VI, LINE 15A

THE BOARD OF TRUSTEES APPROVES ALL EMPLOYMENT CONTRACTS FOR TOP MANAGEMENT,INCLUDING EXECUTIVE AND ARTISTIC DIRECTOR POSITIONS COMPARATIVE DATA FROM SIMILARLY SITUATED ORGANIZATIONS IS USED IN PROCESS OF SETTING FAIR COMPENSATION LEVELS

FORM 990, PAGE 6, PART VI, LINE 15B

THE BOARD OF TRUSTEES APPROVES ALL EMPLOYMENT CONTRACTS FOR TOP MANAGEMENT, INCLUDING EXECUTIVE AND ARTISTIC DIRECTOR POSITIONS COMPARATIVE DATA FROM SIMILARLY SITUATED ORGANIZATIONS IS USED IN PROCESS OF SETTING FAIR COMPENSATION LEVELS

FORM 990, PAGE 6, PART VI, LINE 19

FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE PROVIDED UPON REQUEST

FORM 990, PART XI, LINE 9

SCHOLARSHIPS -80,329 SCHOLARSHIPS 80,329

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2018

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