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Cuyahoga Arts & Culture receives clean financial audit

 

CLEVELAND, June 12, 2018: For the 11th straight year, Cuyahoga Arts & Culture (CAC) has received a “clean” audit report from the Ohio Auditor of State. Cuyahoga Arts & Culture’s complete financial audit report is now available on the Auditor of State’s website.

 

For its fiscal year 2017, Cuyahoga Arts & Culture was awarded the highest rating and the Auditor of State Award, which includes no findings for “recovery, material citations, material weaknesses, significant deficiencies, Single Audit findings or questioned costs.”

 

The Auditor of State is responsible for auditing more than 5,900 state and local government agencies with less than 10% receiving the Auditor of State Award. Each year since 2007 when CAC first began, the public agency has earned a clean audit report.

 

“For more than a decade, Cuyahoga Arts & Culture has responsibly stewarded public dollars to support arts and culture nonprofits to the benefit of Cuyahoga County residents,” said Jill Paulsen, interim CEO + executive director of Cuyahoga Arts & Culture. “We take seriously our responsibility to steward public tax dollars in a manner that is transparent, consistent, and trustworthy. We are proud that the Ohio Auditor of State has recognized our commitment.”

 

As a political subdivision of the State of Ohio, CAC is required to undergo an annual audit, conducted by the Ohio Auditor of State, to verify that public funds are spent appropriately and lawfully.

 

Cuyahoga Arts & Culture (CAC) is one of the largest public funders for arts and culture in the nation, helping hundreds of organizations in Cuyahoga County connect millions of people to cultural experiences each year. Since 2006, CAC has invested more than $170 million in 375 organizations both large and small, making our community a more vibrant place to live, work and play. For more information, visit cacgrants.org

 

 
Copyright © 1989 to 2018 by [LaPrensa Publications Inc.]. All rights reserved.
Revised: 06/19/18 12:49:01 -0700.

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