Loading...
Bainbridge Arts & Crafts - Cultural Funding Application 2025 COMBINEDCultural Funding Application Applicant Organization Name* Grant Request Type* Total Amount Requested (over 2-year period)* One Sentence Description of Request (e.g., "To support...")* Applicant Organization Name* Proposal Contact Person* Position/Title* Mailing Address* Phone Number * Applicant Organization Legal Status* Year Established* Proposal Summary Bainbridge Arts & Crafts General Operating Support Project Support Capital Project $40,000 Organizational support for Bainbridge Arts & Crafts for 2026 and 2027. Applicant Organization Information Bainbridge Arts & Crafts Jennifer Albrecht Executive Director City Bainbridge Island State / Province / Region WA Postal / Zip Code 98110 Country US Street Address 151 Winslow Way E. Address Line 2 206-842-3132 Legal Status of Applicant Organization Washington nonprofit corporation - Section 501(c)(3) organization 1948 Organization Tax ID #* Fiscal Sponsor Organization Name Fiscal Sponsor Contact/Title Fiscal Sponsor Email Fiscal Sponsor Phone Fiscal Sponsor Tax ID # Fiscal Sponsor Mailing Address City of Bainbridge Island Funding Please list year(s) and award amount of other funding received from the City of Bainbridge Island. Include HumanServices (HS), Lodging and Tourism Tax (LTAC) funding, Cultural Funding (CF), and/or any other grant or contractfunding. 2025 2024 2023 2022 2021 LTAC HS CF Other I. Organizational Overview* 91-0714664 Fiscal Sponsor Information (If applying with fiscal sponsor) City State / Province / Region Postal / Zip Code Country Street Address Address Line 2 7,000 7,500 7,500 Please provide a brief history of your organization and an overview of the programs and services you currently provide. (Limit 1,500 Characters) Founded in 1948, Bainbridge Arts & Crafts (BAC) is a nonprofit gallery and arts education center dedicated to supporting artists and ensuring broad public access to the visual arts. For more than 75 years, BAC has presented year-round exhibitions of local and regional artists, provided opportunities for artists to earn income,and offered cultural experiences that enrich community life. Our programs include annual student exhibitions, scholarships for graduating seniors, and support forBainbridge Island School District (BISD) art classrooms. Outreach brings art into senior centers, assistedliving facilities, Stephens House (operated by the Bainbridge Special Needs Foundation), Island VolunteerCaregivers (IVC), and other community spaces. Classes, workshops, and gallery talks provideintergenerational learning opportunities for people of all abilities. By collaborating with schools, cultural organizations, and civic partners, BAC sustains Bainbridge Island’s creative identity while contributing to itscultural and economic vitality. IIa. Diversity, Equity, Inclusion, And Accessibility* IIb. Diversity, Equity, Inclusion, And Accessibility* Does the work of your organization contribute to a more diverse, equitable, inclusive, and accessible Bainbridge Island?Is so, please describe. (Limit 1,500 Characters) BAC extends access to the arts beyond the gallery walls. Free student exhibitions and scholarships ensure young artists are recognized and supported. Outreach in senior centers, assisted living facilities, Stephens House (BSNF), and IVC brings creative opportunities to those often excluded from cultural life. Exhibitionsshowcase a wide range of artistic voices and perspectives, strengthening representation in the regional artslandscape. BAC also has a long history of presenting solo and group exhibitions of Coast Salish artists. Two years ago, glass artist Dan Friday was paired with Suquamish master weaver Ed Carriere in a widely celebrated show, and Dan will return in June 2026 for another featured exhibition. These partnerships highlight our commitment to creating pathways for Indigenous artists to share their work with broader audiences. Have members of your organization (staff, leadership, board, etc.) worked towards greater understanding of diversity, equity, inclusion, and accessibility issues? This may include trainings, conversations, workplans, actions taken, or other strategies you have employed to address sociocultural barriers to equity within your organization and its programs and services. If so, please describe. (Limit 1,500 Characters) BAC’s board, staff, and leadership have taken deliberate steps to deepen understanding and practice of equity and inclusion. Board discussions focus on expanding access for emerging artists and ensuring scholarships reach students who need them most. In the coming year, staff will review policies to reduce barriers to participation in exhibitions and classes, and volunteer training will incorporate inclusive practices in visitor service. Recruitment of new board members and staff will continue to prioritize diverse skills andperspectives. BAC has also brought Anshu Wahi, City of Bainbridge Island (COBI) Equity and Inclusion Manager, onto itsAdvisory Council to serve as a resource in advancing our DEIA goals. We recognize that DEIA work is ongoing. BAC continues to reflect, learn, and adapt programming and policies so that all members of the community feel welcomed and represented. III. Scope of Work* Please provide a scope of work to the services you plan to provide for your project or general operating, whichever youare applying for. A scope of work lists the activities, deliverables, outcomes, and goals to be accomplished under anagreement. Activities: This is the work that will be accomplished with the requested budget. It should include the who, what, when, where, and how the recipient implements the work. Deliverables are the items produced under the agreement. These are tangible evidence of the work done and alignedthe activity’s progress with meeting the expected outcomes. This can include reports, workshops, outreach materials, evaluations, and other relevant products. Outcomes are the measurable results of your work. Outcomes can be estimated based on the planned activities and schedule and should be measured and reported on throughout the agreement period. Your application should alsoindicate how you plan to measure these outcomes to track success. Goals are the big-picture benefits or changes you anticipate as a result of meeting your estimated outcomes. All applications should include a goal statement that identifies a community need and how the organization works toaddress it. Keep the following in mind: - Categorize your task work into activities. - Determine the cost for each activity and a plan to track spending. - Align your activities with a schedule that provides sufficient time to complete the planned work. - Identify key deliverable(s) for each activity and target dates for their completion.- Identify and estimate at least one measurable outcome and how it will be measured. - Relate each activity to a specific goal. (Limit 6,000 Characters) BAC seeks$40,000 in City Cultural Funding to provide paral funding of three staff posions: Communicaons & Markeng Associate; Educaiton Outreach Manager; and Sales Associate/Art Rental Manager/Curatorial Assistant. Communicaons & Markeng Associate (contractor) This role ensures that BAC’s exhibions, programs, and partnerships reach and resonate with the public. Core responsibilies include developing and execung a communicaons plan; producing a monthly newsleer, supplemented by mely updates about exhibions, workshops, and community events; managing social media and print content; maintaining and improving the BAC website; and designing promoonal materials. The plan will also include posng printed flyers around town to announce monthly exhibions and programs, a proven strategy used effecvely by other local organizaons. Educaon Outreach Manager (part-me staff) This posion expands access to inclusive arts educaon across Bainbridge Island. The manager coordinates residencies, workshops, and outreach in schools, senior centers, assisted living facilies, Stephens House (BSNF, a residenal program for adults with developmental differences), and IVC. Responsibilies also include providing supplemental art supplies to BISD classrooms, organizing annual student exhibions and scholarships, coordinang BAC’s role in the Amy Award for emerging arsts under 35 (presented in alternang years with Bainbridge Performing Arts), and represenng BAC at civic and cultural events including Bainbridge Pride, Juneteenth, the Asian Arts & Heritage Fesval, the Grand Old 4th of July, and other Bainbridge Creave District events. Sales Associate, Art Rental Manager & Curatorial Assistant (full-me staff) This posion combines gallery sales and customer service with oversight of BAC’s art rental program and curatorial support for exhibions. Responsibilies include welcoming visitors, promong arsts and their work, processing sales, managing rental inventory and contracts, assisng with installaon and shipping, and collaborang on exhibion planning. By integrang sales, rentals, and curatorial work, this role sustains arst income, deepens community engagement, and strengthens BAC’s contribuon to the downtown cultural economy. Deliverables Communicaons and markeng plan draed within 90 days of start; finalized by July 2026 Monthly newsleers beginning January 2026, plus supplemental updates for show openings and learning opportunies Ongoing website improvements and promoonal materials 16 gallery workshops and talks across two years, most of which are offered free of charge to ensure broad access. 60 outreach programs in senior living facilies and Stephens House; 30 at the Bainbridge Island Senior Community Center (BISCC) $ Character Counter IV. Community Needs that Your Organizations Meets* $8,000 in supplemental art materials provided to BISD classrooms over two years Two annual student exhibions with 250–300 parcipants Two annual $1,000 scholarships for graduang seniors One Amy Award presented during the two-year grant cycle (BAC’s alternang year of responsibility with Bainbridge Performing Arts) Parcipaon in 20 civic and cultural events across two years 24 curated exhibions across two years $220,000 in sales commissions returned directly to arsts from gallery and retail sales (jewelry, sculpture, painngs, and other consigned works) in 2026, increasing by 20% in 2027. These payments come from artwork sales revenue, not BAC operang funds. Outcomes Gallery aendance grows from 31,000 to 35,000 in 2026 and 37,000 in 2027 Volunteer base expands by 30% across two years Membership and donor revenue reaches $75,000 annually Mailing list expands by 500–1,500 new contacts per year 500+ youth engaged annually through exhibions, scholarships, and classroom support 90+ outreach programs delivered for seniors and adults with developmental differences Goals Extend cultural parcipaon across Bainbridge Island Provide professional opportunies and reliable income for arsts Build civic connecon and pride through accessible cultural experiences Strengthen organizaonal capacity to ensure long-term sustainability What needs in the community are addressed by your organization? How does your organization meet these needs? How does the proposed project or program specifically meet these needs? If possible, please cite relevant and up-to- date City documents, demographic or research sources, etc. For general operating support requests, describe overallhow your organization meets that community need. Please also explain how the proposal prevents duplicating other services for Bainbridge Island residents. (Limit 3,000 Characters) The inclusion of a Cultural Element in the COBI Comprehensive Plan is itself a recognition of how deeplyBainbridge Islanders value the arts. In the 2022 National Community Survey, 90% of Bainbridge respondentsrated community support for the arts positively. From its earliest days in 1948, BAC has provided a place where residents can learn, create, and engage with art, first in homes and schools and later in a permanentdowntown gallery. Since its founding, BAC’s programming has shifted with the times, reflecting changing artistic practices while consistently meeting the community’s need for accessible, high-quality visual arts. Today, the gallery provides a welcoming venue where students and emerging artists present their first exhibitions, and where residents proudly share Bainbridge talent with visitors. Programs for youth, seniors, and adults with developmentaldifferences broaden participation well beyond the traditional gallery audience. BAC’s near closure in 2024 underscored its importance to the Island. The outpouring of financial support fromresidents and the decision by the landlord to reduce rent demonstrated the depth of public commitment tokeeping BAC’s doors open. The organization now enters its 77th year with renewed leadership, balancedfinances, and a central role in the Bainbridge Creative District. BAC also avoids duplicating the services of peer organizations. While BIMA showcases regional artists in amuseum setting and BARN offers makerspace resources, BAC functions as an incubator: hosting elementary, middle, and high school art shows; awarding scholarships; and providing opportunities for both established and emerging artists to exhibit and sell their work. In this way, BAC complements rather than competes, filling a distinct and essential role in Bainbridge’s cultural ecosystem. V. City Cultural Funding Goals Alignment* Please describe how this proposal aligns with: - Goals in the cultural element of the City’s Comprehensive Plan - Values related to climate adaptation/mitigation (including sustainable transportation) - Values related to equity and inclusion (Limit 1,500 Characters) Cultural and Economic GoalsBAC advances Goal CUL-1 by affirming the arts as essential to education, quality of life, and economic vitality. Exhibitions and programs foster engagement, generate income for artists, and contribute to the vibrancy of our downtown. In alignment with Goal CUL-2, BAC is itself an enduring cultural institution, preserving local character while connecting Bainbridge to the regional arts economy. As a part of the Bainbridge Creative District, BAC helps to amplify the Island’s cultural assets and expand civic participation, in support of Goal EC-4. Equity and InclusionScholarships and student exhibitions cultivate the next generation of creators. Outreach in schools, senior centers, and community organizations ensures cultural access for groups who might otherwise be overlooked, while curatorial choices highlight diverse voices and traditions. BAC is a participant in the Native Artist Empowerment Workshop hosted by the Suquamish Museum to connect regional Indigenous artists with professional development and public platforms. Climate and Sustainability Value BAC strengthens sustainability by showcasing regional artist programs in a walkable, transit-accessible location, reducing the need for long-distance travel. We mitigate climate impacts by continuing our art loan program to encourage reuse and eliminating single-use plastics during monthly Art Walks. In 2025, BAC isintroducing QR codes to reducing its use of printed materials. VI. Imapct* How does this proposal improve services on Bainbridge Island? Specifically, how will it: - Involve significant community participation - Create access to human services activities for underserved or underrepresented groups of people - Strengthen organizational capacity; and/or foster opportunities for collaboration with the human services sector? (Limit 6,000 Characters) Community ParticipationBAC engages approximately 31,000 visitors annually through exhibitions, classes, and community events— about 27,300 during regular gallery hours and ~3,600 across all twelve First Friday Art Walks (averaging ~300 attendees per month). Over the funding cycle, BAC will host 24 curated exhibitions, each featuring local and regional artists and drawing residents and visitors into Winslow’s cultural core. Workshops, gallery talks, and demonstrations are free to the public, lowering barriers to participation and expanding access across agegroups and income levels. Access for Underserved and Underrepresented Groups BAC is committed to ensuring that the arts are available to all. Each year, we deliver 15–20 outreach programs in partnership with senior centers, assisted living facilities, IVC, and Stephens House (BSNF).These programs provide meaningful creative opportunities for community members who might otherwise havelimited access to cultural experiences. Supplemental art supplies for BISD classrooms ensure that students, regardless of family income, have the materials they need to participate fully in arts education. Scholarshipsfor graduating seniors and the Amy Award for emerging artists under 35 provide critical encouragement and resources to young creators. Exhibitions also feature diverse cultural perspectives, ensuring representation of voices that have historically been underrepresented. Strengthening Organizational CapacityThe requested funds will enable BAC to expand staffing in communications, education outreach, and curatorial support. These investments are essential to sustaining high-quality programming and meeting the needs of a growing audience. Capacity gains will be visible in measurable ways: a 30% increase in volunteers, annual donor contributions of $75,000, and a mailing list that expands by 500–1,500 new contacts each year. These results will not only strengthen BAC during the grant cycle but also position the organizationfor long-term sustainability. Collaboration within the Cultural SectorAs a founding member of the Bainbridge Creative District, BAC actively partners with BIMA, BARN, schools, and civic organizations to create a cohesive cultural ecosystem. These collaborations allow us to share resources, cross-promote programming, and design events that amplify one another’s impact. Recent partnerships have included supporting Bainbridge Pride and Juneteenth celebrations, co-hosting cross- disciplinary programs with BARN, and contributing to community festivals such as Ars Poetica, CreativeThread, the Bainbridge Book Festival, and the Asian Arts & Heritage Festival. BAC has also provided special exhibition opportunities for BARN studio artists. Together, these efforts highlight BAC’s role in weaving the arts into the civic and cultural fabric of Bainbridge Island. Projected Outcomes (2026–2027) Gallery visitors: 35,000 in 2026; 37,000 in 2027 Exhibitions presented: 12 annually (24 total) Artists supported: 200 in 2026; 220 in 2027 Student participants: 250+ annually in exhibitions and awards Scholarships awarded: 2 per year ($1,000 each) Sales commissions returned directly to artists from gallery and retail sales: $220,000 in 2026; 20% increase in 2027. These payments are generated through artwork sales revenue, not BAC operating funds. Senior and outreach programs: 45 per year across multiple sites Volunteer growth: 30% increase across two years Membership and donor revenue: $75,000 annually Long-Term BenefitsThe combined effect of these activities will be a more connected, inclusive, and resilient Bainbridge Island. BAC will broaden the reach of its programs, provide meaningful opportunities for artists, and contribute to the vitality of the downtown economy. By linking education, outreach, and cultural participation, BAC will not only meet but exceed the City’s expectations for public benefit, equity, and collaboration. VII. Organizational Capacity* VIIIa. 2026 Proposed Contract Metrics Awardees will enter into a contract with the City and report back quarterly on what you have achieved. Please list 2outputs that you have the capacity to monitor and report on over the two-year contract period. These should be “Outputs” which are defined as the number served or amounts of service provided. They are quantitative in nature. They should be easily measurable for your organization. All organizations must provide the number of unduplicated Bainbridge Island residents served per year, and the title of that metric is filled in for you. Metrics*Q1 Q2 Q3 Q4 Total* VIIIb. 2027 Proposed Contract Metrics Awardees will enter into a contract with the City and report back quarterly on what you have achieved. Please list 2 outputs that you have the capacity to monitor and report on over the two-year contract period. These should be“Outputs” which are defined as the number served or amounts of service provided. They are quantitative in nature. They should be easily measurable for your organization. All organizations must provide the number of unduplicated Bainbridge Island residents served per year, and the title of that metric is filled in for you. Metrics Q1 Q2 Q3 Q4 Total IXa. 2026 Proposed Use of Funds Please explain how this service will continue operating during and after the funding period. Please explain how the City’s funds would be used responsibly. (Limit 1,500 Characters) BAC enters its 77th year with a balanced budget, renewed leadership, and a strong board committed to stability. The organization is supported by multiple revenue streams: gallery sales, commissions, art rentals,individual giving, grants, and sponsorships. While most workshops and classes are offered free of charge tomaximize community access, occasional fee-based programs and rentals provide modest supplemental income. Beginning in late 2025, BAC will also reintroduce a membership program to broaden income sourcesand strengthen community ties. In 2024, when the gallery’s future was at risk, the community responded with extraordinary generosity, underscoring BAC’s central role in Bainbridge’s cultural life. City funds will be used responsibly to strengthen capacity in education outreach, communications, and curatorial support. These investments expand our ability to serve residents and visitors while increasingearned and contributed income that will sustain the organization beyond the grant cycle. By leveraging Citysupport with private contributions, BAC ensures public investment generates significant return in cultural access, community engagement, and economic vitality. With steady governance, a balanced mix of income streams, and an engaged community of artists, students,donors, and volunteers, BAC is positioned not only to maintain services during the 2026–2027 cycle but alsoto expand its reach and impact in years ahead. Unduplicated Bainbridge Island residents served 6,000 9,500 11,000 8,500 35,000 Artists represented and supported through exhibitions, sales, and rentals 40 55 60 45 200 Outreach particiapnts (seniors, students, Stephens House clients, IVC, community partners) 120 125 125 130 500 Unduplicated Bainbridge Island residents served 6,500 10,000 11,500 9,000 37,000 Artists represented and supported through exhibitions, sales, and rentals 45 55 65 55 220 Outreach participants (seniors, students, Stephens House clients, IVC, community partners) 135 135 140 140 550 Please complete this table below. The Total column should equal the total cost of delivering your program. Expense Category Amount Covered by City Cultural Funding Request (Column A)* Amount Covered by Other Funding (Column B)* Total (A + B)* Staff Costs (Salaries, Benefits,Taxes, Training, etc.) Professional Services /Consultants / Contractors Program Supplies Other Operating Expenses (e.g.,Technology, Rent, Equipment,Insurance) Scholarships Other Total IXb. 2027 Proposed Use of Funds Please complete this table below. The Total column should equal the total cost of delivering your program. Expense Category Amount Covered by City Cultural Funding Request (Column A)* Amount Covered by Other Funding (Column B)* Total (A + B)* Staff Costs (Salaries, Benefits,Taxes, Training, etc.) Professional Services /Consultants / Contractors Program Supplies Other Operating Expenses (e.g.,Technology, Rent, Equipment,Insurance) Scholarships Other Total Comments on Other Funding Sources 20,000 32,000 52,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20,000 32,000 52,000 20,000 32,000 52,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20,000 32,000 52,000 Of the amounts listed in Column B, do you have any funds committed to date? If yes, please list sources and amounts below. If no, please describe where you expect to secure these funds from, and how you know you can raise thosefunds. All remaining staffing and program costs will be covered by BAC’s earned and contributed revenue streams, including gallery sales, artist commissions (consignment income), art rentals, memberships, donor contributions, sponsorships, and grants. City funds will be used exclusively to subsidize staffing that expands BAC’s public benefit. X. Stories of Impact* Board of Directors List Include names and titles of current members, as well as any open positions. Name *Title* Current Staff List Include names and titles of current members, as well as any open positions. Name *Title*Work Status* Please provide a testimonial(s) or narrative(s) that demonstrates the impact of your organization’s work. (Limit 750Characters) BAC is where art changes lives. Teacher Siri Miller says BAC funding keeps ceramics classes alive so every student has a chance to create. At Island Volunteer Caregivers, older adults leave their small rooms to join free art classes, finding joy and connection. A photographer sold his first prints at BAC in 2005, launching acareer now seen in galleries and national magazines. And one former staff member says BAC gave her theconfidence to grow as an artist, and she has now returned as a volunteer to give back. From students to elders to working artists, BAC builds confidence, connection, and community. Ellin Spenser President Janice Shaw Vice President Kathleen Thorne Secretary Susanne Lindsley Treasurer Scott Allen Board Member Eric Cederwall Board Member Kate Rutledge Jaffe Board Member Laura Marshall Board Member Elaine Von Rosenstiel Board Member Mary Terry Board Member Jennifer Executive Director Full Time Part Time Volunteer Other Terri Bryant Sales Manager Full Time Part Time Volunteer Other Kathy Clowery Registrar Full Time Part Time Volunteer Other Karen Cornell Outreach Manager Full Time Part Time Volunteer Other Katy Gilmore Installation Crew Full Time Part Time Volunteer Other Gigi Godfrey Installation Crew Full Time Part Time Volunteer Other Lauri Hewitt Art Rental Manager and Senior Sales Associate Full Time Part Time Volunteer Other Sandra Leese Senior Sales Associate Full Time Part Time Volunteer Other Sharon Johnson Sales Associate Full Time Part Time Volunteer Other Sara Papajani Curator Full Time Part Time Volunteer Other Jenn Recker Sales Associate Full Time Part Time Volunteer Other Lynnette Sandbloom Curator Full Time Part Time Volunteer Other Operating Budget* Organizational Statement of Activities* Organizational Statement of Financial Position * Top Five Funding Sources Please prepare a list of your five largest income sources in your past two fiscal years – this may be a single funder, donor, fundraising event, community appeal, etc. We are trying to get a sense of where most of your funding comes from. Name *Amount* IRS Determination Letter of 501(c)(3) Nonprofit Status * Authorized Signature Name* Authorized Signature* Date Fiscal Sponsor Name (If applying with fiscal sponsor) Fiscal Sponsor Authorized Signature (If applying with fiscal sponsor) Date For your current fiscal year. If you work with a fiscal sponsor or are a division of a larger organization, please include theoperating budget specifically for your entity or division. BAC Budget - 7.1.25-6.30.26.pdf 144.91KB This is sometimes referred to as Income and Expense Statement. Please provide a statement for your most recently-completed fiscal year for your organization. If you work with a fiscal sponsor or are a division of a larger organization, include a statement specific to your entity or division. BAC - Statement of Activity 6.30.24.pdf 38.36KB This is sometimes referred to as a Balance Sheet. Please provide a statement for your most recently completed fiscalyear for your organization. If you work with a fiscal sponsor or are a division of a larger organization, include a statement specific to your entity or division. BAC Balance Sheet 6.30.24.pdf 38.58KB Retail arts and crafts sales 245,845 Fundraising (donations, grants)282,813 Exhibition art sales 162,914 Program income 12,310 BAC IRS determination ltr.pdf 819.22KB Jennifer Albrecht 9/26/2025 Sign 9/26/2025 Is the Applicant One of the Following?* Does the proposed fund expense occur during the two year funding cycle?* Does the Applicant NOT have a Board Member, Officer, or Staff Member Serving on the Lodging Tax Advisory Committee?* Materials Checklist (Have all been provided?) Based on the Provided Information, is the Applicant Eligible to Receive Funding?* Review by City Staff (Insert Full Name)* Date Notes Eligibility Vertification Nonprofit - 501(c)(3) with two-year history of continuous operation Nonprofit - 501(c)(3) without two-year history of continuous operation but with a fiscal sponsor Entity without 501(c)(3) with a fiscal sponsor that is a 501(c)(3) with two years of continuous operation Yes No Yes No Applicant Information Narrative Board of Director List Current Staff List Operating Budget Statement of Activities Statement of Financial Position Top Five Funding Sources IRS Determination of Nonprofit Status Authorized Signatures Yes No Adam Nebenzahl 9/26/2025 Statement of Activity BAINBRIDGE ARTS CRAFTS, INC. July 1, 2023-June 30, 2024 Accrual Basis Tuesday, March 18, 2025 12:44 AM GMTZ 1/3 DISTRIBUTION ACCOUNT TOTAL Income 4010 Sales 0 Discounts -$11,528.18 Retail Consignment $237,177.50 Retail - Owned Inventory $16,496.00 Shipping and Handling 0 Shipping & Handling Income $3,700.16 Total for Shipping and Handling $3,700.16 Total for 4010 Sales $245,845.48 Endowment Income $120,000.00 Fundraising Income 0 Almost Perfect Sales $20,971.00 Auction Sales $37,987.02 Individual Contributions $191,343.60 Interest Income $18.68 Membership $14,100.00 Unrestricted Grant Revenue $18,392.25 Total for Fundraising Income $282,812.55 Program Income 0 Art Rental $12,319.95 Exhibition Sales $162,914.00 Workshops Total for Program Income $175,233.95 Uncategorized Income {195} Total for Income $823,891.98 Cost of Goods Sold Consignment Payments 0 Art Lending Program $5,459.00 Retail Consignment Payments $214,845.50 Total for Consignment Payments $220,304.50 Cost of Good Sold - Owned Inv $8,128.76 Sales Expenses 0 Cash Over/Under Credit Card Fees $12,968.08 Total for Sales Expenses $12,968.08 Shipping Costs $4,475.15 Wrapping Cost $2,281.59 Total for Cost of Goods Sold $248,158.08 Gross Profit $575,733.90 Statement of Activity BAINBRIDGE ARTS CRAFTS, INC. July 1, 2023-June 30, 2024 Accrual Basis Tuesday, March 18, 2025 12:44 AM GMTZ 2/3 DISTRIBUTION ACCOUNT TOTAL Expenses 6275 Professional Fees $20,131.40 6295 Rent $99,996.00 Administrative Expenses 0 6185 Insurance $8,189.00 6265 Printing/Design $7,594.62 6355 Travel & Entertainment $491.07 6770 Supplies $3,881.43 Advertising $13,184.34 B&O Tax $2,510.35 Depreciation $5,328.00 Event Expense $7,046.86 Fundraising Expense $17,736.59 Gifts/Donations/Prizes/Scholars $6,225.00 Interest Expense $8,164.00 Janitorial/Cleaning $2,855.38 Licenses & Dues $564.00 Office Expenses 0 6255 Postage $4,220.00 6345 Telephone $5,438.31 Office Supplies $4,839.36 Utilities $1,149.42 Total for Office Expenses $15,647.09 Security $2,229.03 Total for Administrative Expenses $101,646.76 Independent Contractors $23,178.00 Payroll & Health Insurance 0 6560 Wages $318,596.84 6830 Payroll Taxes $847.47 EmpAdmin Employment Security $1,228.78 Medicare $4,600.42 Paid Family and Medical Leave $2,974.05 Social Security $19,670.82 Workers' Compensation (L&I)$4,598.44 Total for 6830 Payroll Taxes $33,919.98 Fringe Benefits 0 Health Insurance Total for Fringe Benefits 0 Total for Payroll & Health Insurance $352,516.82 Statement of Activity BAINBRIDGE ARTS CRAFTS, INC. July 1, 2023-June 30, 2024 Accrual Basis Tuesday, March 18, 2025 12:44 AM GMTZ 3/3 DISTRIBUTION ACCOUNT TOTAL Technology $8,733.49 Total for Expenses $606,202.47 Net Operating Income -$30,468.57 Other Income Other Expenses Net Other Income 0 Net Income -$30,468.57 Statement of Financial Position BAINBRIDGE ARTS CRAFTS, INC. As of June 30, 2024 Accrual Basis Tuesday, March 18, 2025 12:43 AM GMTZ 1/3 DISTRIBUTION ACCOUNT TOTAL Assets Current Assets Bank Accounts 1000 Cash Accounts 0 Cash Drawer $200.00 HomeStreet Bank $14,757.49 Money Market Account $5,346.37 Petty Cash $245.00 Restricted Net Asets 0 Charles Schwab - Endowment $979,137.13 Total for Restricted Net Asets $979,137.13 Temp Restricted Savings 0 Endowment Income -$704,214.48 Grants to Schools Kay Yockey Scholarship Fund Savings Account - AMB Total for Temp Restricted Savings -$704,214.48 Total for 1000 Cash Accounts $295,471.51 Total for Bank Accounts $295,471.51 Accounts Receivable 1200 Accounts Receivable $6,135.95 Pledges Receivable Total for Accounts Receivable $6,135.95 Other Current Assets 1499 Undeposited Funds 2120 Payroll Asset Deposits Deposits Held Inventory $7,265.62 On-Hand Inventory 0 Less Loss, Damage Total for On-Hand Inventory 0 Total for Inventory $7,265.62 Prepaid Expenses 0 Health Red Dot Designs - Postcards Total for Prepaid Expenses 0 Total for Other Current Assets $7,265.62 Total for Current Assets $308,873.08 Statement of Financial Position BAINBRIDGE ARTS CRAFTS, INC. As of June 30, 2024 Accrual Basis Tuesday, March 18, 2025 12:43 AM GMTZ 2/3 DISTRIBUTION ACCOUNT TOTAL Fixed Assets Equipment & Fixtures 0 Accumulated Depreciation -$78,043.73 Equipment & Fixtures (Cost)$78,043.73 Total for Equipment & Fixtures 0 Leasehold Improvements 0 Accumulated Depreciation -$82,533.00 Leasehold Improvements (Cost)$208,754.36 Total for Leasehold Improvements $126,221.36 Total for Fixed Assets $126,221.36 Other Assets Due from Operations Total for Other Assets 0 Total for Assets $435,094.44 Liabilities and Equity Liabilities Current Liabilities Accounts Payable 2000 Accounts Payable $25,189.40 Total for Accounts Payable $25,189.40 Credit Cards Elan Cr Cd **0944 $38.29 Total for Credit Cards $38.29 Other Current Liabilities 2100 Payroll Liabilities $221.00 Employment Security Federal Withholding $2,948.00 FUTA Medicare, Company share $389.65 Medicare, Employee share $389.65 Social Security, Company share $1,666.15 Social Security, Employee share $1,666.15 Workers' Compensation Total for 2100 Payroll Liabilities $7,280.60 2110 Direct Deposit Liabilities Accrued Wages Payable Book Fund Payable $1,343.74 Department of Revenue Payable 0 Sales Tax Payable Statement of Financial Position BAINBRIDGE ARTS CRAFTS, INC. As of June 30, 2024 Accrual Basis Tuesday, March 18, 2025 12:43 AM GMTZ 3/3 DISTRIBUTION ACCOUNT TOTAL Total for Department of Revenue Payable 0 Sales Tax Payable $2,401.57 Unearned Revenue 0 Gift Certificate Sales/Store Cr $1,259.24 Special Orders Total for Unearned Revenue $1,259.24 Total for Other Current Liabilities $12,285.15 Total for Current Liabilities $37,512.84 Long-term Liabilities SBA Secured Disaster Loan $149,900.00 Total for Long-term Liabilities $149,900.00 Total for Liabilities $187,412.84 Equity Retained Earnings $3,227.52 Net Income -$30,468.57 3000 Opening Bal Equity Prior Year Adjustment Restricted Net Assets 0 Endowment $979,137.13 Total for Restricted Net Assets $979,137.13 Temp-Restricted Net Assets 0 Endowment Income -$704,214.48 Viking Bank CD Total for Temp-Restricted Net Assets -$704,214.48 Total for Equity $247,681.60 Total for Liabilities and Equity $435,094.44 Bainbridge Arts and Crafts Inc. Summary Budget FYE 6.30.2026 INCOME Amounts Sales Retail - Owned Inventory 13,263 Retail Consignment 224,330 Shipping & Handling Income 3,700 Fundraising Income Almost Perfect Sales 20,000 General Fundraising 64,000 Individual Contributions 60,000 Membership 12,000 Temp Restricted Grants 75,000 Unrestricted Grant Revenue 36,110 Program Income Art Rental 12,320 Exhibition Sales 182,997 Total Income 703,720 EXPENSES Cost of Goods Sold Art Lending Program 5,459 Retail Consignment Payments 218,294 Credit Card Fees 15,068 Shipping Costs 3,700 Wrapping Cost 2,282 Total Cost of Goods Sold 244,803 Operational Expenses Rent 86,676 Insurance 5,305 Printing/Design 7,595 Repairs and Maintenance 20,000 Travel & Entertainment 500 Supplies 3,881 Advertising 13,184 B&O Tax 2,151 Event Expense 7,049 Fundraising Expense 6,000 Interest Expense 7,692 Janitorial/Cleaning 2,855 Licenses & Dues 564 Miscellaneous 6,000 Office Expenses Postage 5,155 Telephone 2,929 Office Supplies 4,839 Utilities 1,379 Security 1,416 Independent Contractors 12,500 Wages including health insurance stipend 189,019 Payroll Taxes 18,902 Employee Benefits 8,100 Program Expense BAC Programs 10,000 Workshops - Seniors 10,500 Public Schools Allocations 1,275 May BAC Best of Student Show Awards 850 Teacher Art Supplies 3,600 Scholarships 2,000 Artists in the Schools 3,000 Technology 14,000 Total Operational Expenses 458,917 Total Expenses 703,720