Board Meeting on June 4, 2019 7 Attendees: Amy O`Loughlin Carol MacLeod Clark DesSoye Harry Kaminsky Marney Austin Patti Suarez Steven Mastroieni
Previous Board Meeting Minutes Approved President`s Report Landlord (Jason Bowles from Whitestone REIT) has accepted The Studio’s latest counter offer. Awaiting the final paperwork which will be signed and returned well before the current lease expires. The terms are very favorable to The Studio and provides some assurance that the major costs (rent and utilities) will remain manageable for the next two years.
Another actor were proposed for membership by Carol and approved:
Jamel Peters, who Love & Money proposal.
There will be no Summer Camp this year, but the Shannon Foundation has agreed to donate the same $5k in previous years, to use at The Studio’s discretion.
The Studio will be one of the sponsors to bring the Kids in The Corner (KITC) production to The Studio one weekend in December (27-29). The first two days will be fundraising events for KITC and the last day will be a fundraiser for Project Hope or Teen Suicide Hotline (to be determined). The Studio will provide the building, tech and tech person. KITC would like to have 100 seats available for the performances. This represents a good association between KITC, The Studio and Greasepaint. The Studio’s only cost is for having the building open (and tech).
With disappointing RSVPs from Sustaining and Artistic Members for the Celebration Event June 13, preceding the first performance of New Summer Shorts, it was suggested that a new round of email invitations go out with a revised look and feel. (The next morning Carol forwarded the copy for that email and it was sent out again and has already prompted many RSVPs.) It was also suggested that performers be encouraged to invite friends and family to the event.
It was agreed that The Studio needs a newer, better computer and possible options to get one will be explored.
Carol and Marney announced that they will begin to have regular “office hours” at The Studio on Mondays to organize and begin outreach efforts via phone. Financial Committee Report Amy distributed revenue, expense details for May and Year to Date thru May, comparing those numbers to 2018. May had a net loss of $102 but year to date The Studio owes almost $6k. Since The Studio runs on a July-June fiscal year, these year to date numbers show numbers that are close to annual revenue and expenses. Board suggested that using next month’s financials as a framework to create annual budgets that we can use as targets in fundraising and possible new revenue generating efforts. Fortunately, most expenses will not change dramatically going forward Member Committee Report Harry offered the following Sustaining Membership levels and has asked everyone on the Board to asking for input regarding any additional membership benefits...
Silver (traditional membership) - $300
2 reserved tickets for each show per season
free participation in studio workshops for acting, singing, writing and play readings
special events and behind the scene activities
names acknowledged on the website and programs
Gold - $500
4 reserved tickets for each show (bring friends and show them what they’ve been missing·
Separate designation for name acknowledgement on website and programs
All the benefits of silver membership
Platinum - $1000
Name recognition displayed in theatre entrance
Special acknowledgment on website and programs
All the benefits of gold membership Business Committee Report Clark described the NeonCRM software, that several Board members have seen demonstrated, and strongly recommended that it be purchased and implemented to streamline many of the processes that many different Studio members and volunteers do monthly using many different platforms and tools that do not properly integrate to provide a clear picture of The Studio members, patrons and donors. In addition to automating many marketing functions, having all of this information in one place will provide a much better picture of the community The Studio serves. With this kind of information, fundraising should be easier as we will be better able to describe that patron community.
Clark will be trying out the NeonCRM software on a test basis to confirm that he will be able to upload member/customer records and create templates for Donor, Membership (and possibly ticketing) and emails so that other members can use the software for the various efforts they are now doing in a hundred different ways. Marketing Committee Report
Other Business Adjustments to May Minutes: the Quilter event in August will be one workshop, the house lights to be replaced by landlord are fluorescent not neon. (Changes have now been made.)
Carol stressed that in the coming year, the Board will need to be restructured and a Treasurer elected to spread out the financial duties she is currently handling all on her own. The Board agreed. Adjourned at 7:15pm | 19 Board Meeting MinutesJuly 7, 2020 June 20, 2020 June 2, 2020 May 5, 2020 February 4, 2020 January 6, 2020 December 3, 2019 November 1, 2019 October 1, 2019 September 3, 2019 July 2, 2019 June 4, 2019 May 7, 2019 April 2, 2019 March 5, 2019 February 5, 2019 Januaray 8, 2019 December 4, 2018 November 6, 2018
|