Key Findings and Recommendations:
The Minnesota State Arts Board's internal controls provided reasonable assurance that it properly recorded financial activities in the payroll and accounting systems. For the items tested, the board complied with finance-related legal provisions. However, we found that the board has not resolved three financial concerns raised in prior audits.
Additional concerns identified the need for improved controls over incoming receipts and cash management practices and grant oversight controls.
The Minnesota State Arts Board is composed of 11 private citizens appointed by the Governor to serve four-year terms. One member is appointed from each congressional district, with remaining members appointed at large. The board employs 20 staff under the supervision of the executive director, Mr. Robert C. Booker, who has served since August 1996.
Financial-Related Audit Reports address internal control weaknesses and noncompliance issues noted during our audits of state departments and agencies. The scope or our work at the Minnesota State Arts Board included overall financial management, grants, payroll, and capital expenditures for the Percent for Art in Public Places Program for the period from July 1, 1998, through June 30, 2001.