Ohio Auditor of State Finds No Deficiencies in CAC’s Annual Financials
CLEVELAND (July 6, 2017)
– For the 10th year in a row, 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 2016, Cuyahoga Arts & Culture (CAC) 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.” Each year since 2007, when CAC was created by the voters of Cuyahoga County, it has achieved a clean audit report.
“For a decade, Cuyahoga Arts & Culture has responsibly stewarded public dollars to support arts and culture nonprofits and connect residents to millions of cultural experiences in Cuyahoga County each year,” said Karen Gahl-Mills, CEO + executive director of Cuyahoga Arts & Culture. “We strive to work each day in a manner that is transparent, consistent, and trustworthy. We take that responsibility seriously, and 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 2007, CAC has invested more than $158 million in 350 organizations both large and small, making our community a more vibrant place to live, work and play. For more information, visit cacgrants.org.