Article I: Name and Purpose
Name: The name of the organization shall be Skybox Aerial & Events, hereinafter referred to as the "Organization."
Purpose: The Organization is a nonprofit entity formed under Section 501(c)(3) of the Internal Revenue Code. Its specific purpose is to promote, educate, and enrich the community through the art of aerial performance. Our mission is to engage diverse audiences in the appreciation of aerial arts, while providing educational opportunities that foster creativity, physical wellness, and artistic expression.

Article II: Nonprofit Status and Limitations
The Organization shall be operated exclusively for charitable and educational purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code.
No part of the Organization's net earnings shall inure to the benefit of any private individual.
The Organization shall not engage in political campaigns or lobbying beyond what is permitted for 501(c)(3) entities.

Article III: Board of Directors
General Powers: The Board of Directors shall oversee the Organization’s management and affairs.
Number and Composition: The Board shall consist of at least three (3) members: CEO/Founder, Secretary/Artistic Director, and Treasurer.
Terms: Directors shall serve staggered three-year terms, ensuring continuity while allowing periodic leadership updates.
Meetings: The Board shall meet at least quarterly (four times per year). Special meetings may be called as necessary.
Quorum and Voting: A majority of the Board constitutes a quorum. Decisions require a majority vote.
Resignation and Removal: A director may resign by written notice. The Board may remove a director by majority vote for misconduct, failure to fulfill duties, or other just cause.

Article IV: Officers and Duties
CEO/Founder:
Provides overall leadership and vision.
Represents the Organization in external matters and partnerships.
Oversees fundraising and program development.
Presides over board meetings.
Secretary/Artistic Director:
Records and maintains meeting minutes.
Oversees artistic programming and production schedules.
Maintains official records.
Ensures compliance with regulatory filings.
Treasurer:
Manages financial accounts and records.
Prepares financial reports for the Board.
Oversees budgeting and financial planning.
Ensures compliance with IRS and state reporting requirements.

Article V: Conflict of Interest Policy
Board members must disclose potential conflicts of interest and abstain from voting on related matters.

Article VI: Financial Policies
The Organization’s fiscal year shall operate on a calendar year, beginning on January 1 and ending on December 31.
All financial transactions must be approved by at least one officer in addition to the Treasurer.
An annual financial report shall be prepared and reviewed by the Board.

Article VII: Indemnification
Board members and officers shall be indemnified against legal claims related to their official duties, except in cases of fraud or misconduct.

Article VIII: Amendments
These bylaws may be amended by a majority vote of the Board.

Article IX: Dissolution
Upon dissolution, all assets shall be distributed to another 501(c)(3) organization aligned with the Organization’s mission.
Adopted by the Board on February 10, 2025.