The review suggested board members – who currently commit one day a month, and to six meetings a year – should increase the time they spend on Creative Scotland, at least in the short-term, and also extend beyond Scotland's central belt.
Board members talked of their "hands being tied by Scottish government" when it came to committing to funding.
Despite increased government funding of £29m, and a promise of an additional £100m by 2028-29, many of those surveyed were apprehensive about whether that would be delivered.
They also talked of a "crippling bureaucracy" which required some organisations to employ consultants with form-filling, and according to another independent report, contributed to mental health issues for almost all of the applicants.
The inquiry report said there was "general agreement" that Creative Scotland had provided "significant support" to the culture sector since it was instigated by the government in 2010.
While the report focuses on Creative Scotland, a second report, still ongoing, is considering the wider cultural landscape and alternative forms of funding.
Scotland's Culture Secretary Angus Robertson said the review was timely.
"I think there will be lots in it that will be able to change Scotland's culture and arts sector and the screen sector for the better," he said.
"It has a broad range of suggestions of things that might be done differently or done for the first time.
"I think funding has been a challenge in the culture sector and that's why the Scottish government has committed to the biggest ever increase in culture funding in Scotland and that impacts not just on arts organisations and venues, but on Creative Scotland itself.
"We have to look at all of the recommendations and we'll consider what is deliverable."