HomeMy WebLinkAboutC-8577-8B - Cultural Arts Grants - FY 20-21 - Class Act Music EducationGRANT AGREEMENT
BETWEEN THE CITY OF NEWPORT BEACH AND
PACIFIC SYMPHONY
This Grant Agreement ("Agreement") is entered into this 1St day of April, 2021
("Effective Date"), by and between the City of Newport Beach, a California municipal
corporation and Charter City ("City"), and PACIFIC SYMPHONY, a California nonprofit
corporation located at 17620 Fitch, Suite 100, Irvine, California 92614 ("Grantee"). City
and Grantee are at times individually referred to as "Party" and collectively as "Parties"
herein.
RECITALS
A. It is the policy of the City Council that the City's budget specifically allows the City
Council to direct revenue towards non-profit agencies, community groups,
community events, or enhancement projects with worthy projects or programs
which the City Council deems beneficial to the residents' quality of life.
B. Grantee requested a grant from the City for the Class Act music education program
("Grant Proposal").
C. The City Council determined the Grant Proposal is for a worthy project that will
benefit the City's residents' quality of life.
D. The City Council approved a grant in the amount of Five Thousand Dollars and
00/100 ($5,000.00) ("Grant Funds") to Grantee pursuant to certain conditions
regarding expenditure, reporting, and accounting requirements.
NOW, THEREFORE, the Parties agree as follows:
1. GRANT
1.1. City awards to Grantee Grant Funds in the amount of Five Thousand Dollars
and 00/100 ($5,000.00) as requested by Grantee in the Grant Proposal attached hereto
as Exhibit A and incorporated herein by reference, or such other amount as authorized
by the City Council.
1.2. Grant Funds shall be disbursed by City to Grantee as follows:
® At the time of execution of this Agreement.
2. TERM
The term of this Agreement shall commence on the Effective Date and shall
continue in full force and effect until February 11, 2022, unless terminated earlier as
provided herein.
PACIFIC SYMPHONY Page 1
3. RESTRICTIONS ON USE OF FUNDS AND OTHER REQUIREMENTS RELATED
TO THE RECEIPT OF GRANT FUNDS
3.1. The Grant Funds are subject to the following expenditure conditions ("Approved
Uses"):
3.1.1. The Grant Funds shall be expended solely for the purposes provided
in Exhibit A;
3.1.2. The Grant Funds shall not be used for any activity that would violate
City, state or federal statutory or decisional law such as regulations affecting non-profit or
tax exempt organizations exempt from taxation pursuant to Section 501(c)(3) of the
Internal Revenue Code; and
3.2. Grantee further warrants to City that the Grant Funds will be spent solely for
the Approved Uses and the Grant Funds shall be used by Grantee during this
Agreement's term otherwise the Grant Funds shall be returned to City, as provided in
Section 5 below.
3.3. Grantee shall conduct background checks for all of its volunteers and
employees who work with minor children in relation to any project described in Grantee's
Grant Proposal. To the extent applicable, Grantee shall provide the City certification that
it has complied with this requirement prior to the receipt of Grant Funds.
4. REPORTING AND ACCOUNTING REQUIREMENTS
4.1. At all times during the term of this Agreement, Grantee shall maintain true,
proper, and complete books, records, and accounts (collectively, "Books and Records")
in which shall be entered fully and accurately all transactions taken with respect to the
operations of Grantee under the Grant Proposal and the expenditure of the Grant Funds.
Grantee shall maintain the Books and Records in accordance with Generally Accepted
Accounting Principles. Grantee shall make available to City such Books and Records
upon City's request.
4.2. If the Grantee has been audited by an independent auditor or has been the
subject of a compliance audit/examination by a grantee or regulatory agency during the
past three years, audit reports and management letters indicating compliance violations,
fraud, illegal acts, material weaknesses in internal control structure or reportable
conditions, in connection with such audits shall be delivered to the City thirty (30) days
prior to the effective date of this agreement. If no audits or events as described above
have occurred during this period, the Grantee shall provide City a written assertion that
no audits or similar examinations have occurred during the three (3) year period and an
assertion that the Grantee is not aware of any events or conditions, described above, or
other information that might reasonable impact City's decision to fund the grant as
requested.
4.3. City reserves the right to designate its own employee representative(s) or its
contracted representative(s) with a Certified Public Accounting firm who shall have the
right to audit Grantee's accounting procedures and internal controls of Grantee's financial
PACIFIC SYMPHONY Page 2
systems as they relate to the Grant Proposal and to examine any cost, revenue, payment,
claim, other records or supporting documentation resulting from any items set forth in this
Agreement. Any such audit(s) shall be undertaken by City or its representative(s) at
mutually agreed upon reasonable times and in conformance with generally accepted
auditing standards. Grantee agrees to fully cooperate with any such audit(s).
4.4. This right to audit shall extend during the length of this Agreement and for a
period of three (3) years or longer, if required by law, following the date of any Grant
Funds tendered under this Agreement. Grantee agrees to retain all necessary
records/documentation for the entire length of this audit period.
4.5. Grantee shall, upon conclusion of the event, furnish the City with a Balance
Sheet and Income Statement describing the receipt and disbursement activities of
Grantee with respect to the Grant Funds. In its sole and absolute discretion, the City may
also require Grantee to submit: (i) quarterly check registers and descriptions of each
disbursement; (ii) budget -to -actual -results; and (iii) a statement of position describing the
assets and liabilities associated with the Grant event. All reports, including a post -event
evaluation, shall be due to the City no later than forty-five (45) days following the
conclusion of the event. In the event that an independent audit is conducted, Grantee
shall forward a copy of the audited report to the City for review, including any Management
Letter, Report on Internal Controls, or Reportable Conditions letter generated during the
course of the audit.
4.6. Grantee agrees to exercise prudent financial management processes including
proper oversight of all assets, budget preparation, and timely reporting including budget -
to -actual -comparisons.
4.7. All Approved Uses shall be performed by Grantee or under Grantee's
supervision. Grantee represents that it possesses the professional and technical skills
required to perform the services required by this Agreement, and that it will perform all
services with a standard of care and in a manner commensurate with the community
professional standards and with the ordinary degree of skill and care that would be used
by other reasonably competent practitioners of the same discipline under similar
circumstances.
4.8. If Grantee has supported Political Action Committees(s) (PACs) during the past
three (3) years, the Grantee shall hire an independent auditor to perform limited, agreed-
upon testwork procedures to provide City assurance that City sponsored event profits did
not subsidize the funding of Political Action Committees (PACs) and event proceeds were
adequately segregated from funds used to support PACs. Agreed upon procedures may
include a review of a detail list of the past three (3) years of PAC contributions and
expenditures, including:
a. An identifying donor number, date and amount of each reported
contribution; and
b. A detail of expenditures sufficient enough to determine that the
expenditures were solely for PAC -related expenses; and
PACIFIC SYMPHONY Page 3
c. Any retained earnings or fund balance at the end of each fiscal year.
Substantive documentation for the contribution and expenditure should be available upon
request. City shall approve the agreed-upon testwork procedures prior to the
commencement of fieldwork.
5. USE OF GRANT FUNDS
5.1. The Grant Funds shall be used solely by Grantee for the Approved Uses and
for no other use. In the event that the Grant Funds are not used for the Approved Uses
or are not expended by or before February 1, 2022, Grantee shall notify the City in writing,
and shall be obligated to return the Grant Funds to City within thirty (30) days.
5.2. The City's grant contribution shall only be used for non-sectarian purposes.
Grantees shall not use the City's grant contribution, or any portion thereof, for any purpose
that violates local, state, or federal law, including, but not limited to, the Establishment
Clause.
6. INDEMNIFICATION
6.1. To the fullest extent permitted by law, Grantee shall indemnify, defend and hold
harmless City, its City Council, boards and commissions, officers, agents, volunteers, and
employees (collectively, the "Indemnified Parties") from and against any and all claims
(including, without limitation, claims for bodily injury, death or damage to property),
demands, obligations, damages, actions, causes of action, suits, losses, judgments,
fines, penalties, liabilities, costs and expenses (including, without limitation, attorney's
fees, disbursements and court costs) of every kind and nature whatsoever (individually,
a "Claim"; collectively, "Claims"), which may arise from or in any manner relate (directly
or indirectly) to this Agreement (including the negligent and/or willful acts, errors and/or
omissions of Grantee, its principals, officers, agents, employees, vendors, suppliers,
consultants, subcontractors, anyone employed directly or indirectly by any of them or for
whose acts they may be liable or any or all of them).
6.2. Notwithstanding the foregoing, nothing herein shall be construed to require
Grantee to indemnify the Indemnified Parties from any Claim arising from the sole
negligence or willful misconduct of the Indemnified Parties. Nothing in this indemnity shall
be construed as authorizing any award of attorney's fees in any action on or to enforce
the terms of this Agreement. This indemnity shall apply to all claims and liability
regardless of whether any insurance policies are applicable. The policy limits do not act
as a limitation upon the amount of indemnification to be provided by Grantee.
7. GRANTEE INDEPENDENCE
In the performance of this Agreement, the Grantee, and the agents and employees of
Grantee, shall act in an independent capacity and are not officers, employees or agents
of the City. The manner and means of performing the Approved Uses are under the
control of Grantee, except to the extent they are limited by statute, rule or regulation and
the expressed terms of this Agreement. Nothing in this Agreement shall be deemed to
constitute approval for Grantee or any of Grantee's employees or agents, to be the agents
PACIFIC SYMPHONY Page 4
or employees of City. Grantee shall have the responsibility for and control over the means
of performing the Approved Uses, provided that Grantee is in compliance with the terms
of this Agreement. Anything in this Agreement that may appear to give City the right to
direct Grantee as to the details of the performance or to exercise a measure of control
over Grantee shall mean only that Grantee shall follow the desires of City with respect to
the results of the Approved Uses.
8. PROHIBITION AGAINST TRANSFERS
Grantee shall not assign, sublease, hypothecate or transfer this Agreement or any of the
services to be performed under this Agreement, directly or indirectly, by operation of law
or otherwise without prior written consent of City. Any attempt to do so without written
consent of City shall be null and void.
9. NOTICES
9.1. All notices, demands, requests or approvals to be given under this Agreement
shall be given in writing and conclusively shall be deemed served when delivered
personally or on the third business day after the deposit thereof in the United States mail,
postage prepaid, first class mail, addressed as hereinafter provided.
9.2. All notices, demands, requests or approvals from Grantee to City shall be
addressed to the City at:
Attn: Library Services Director
Library Services Department
City of Newport Beach
1000 Avocado Ave.
P.O. Box 1768
Newport Beach, CA 92658-8915
9.3. All notices, demands, requests or approvals from City to Grantee shall be
addressed to Grantee at:
Attn: Luisa Cariaga
PACIFIC SYMPHONY
17620 Fitch, Suite 100
Irvine, California 92614
10. TERMINATION
10.1. Termination for Cause. Grantee shall be in default if Grantee fails or refuses
to perform any duty required by the Agreement or performs in a manner inconsistent with
the terms, conditions and restrictions in this Agreement. In such event, City shall give
Grantee, thirty (30) days written notice to cure, if the default can be cured and City shall
be entitled to terminate this Agreement if Grantee has not cured the default within the
thirty (30) day cure period. City shall be entitled to immediately terminate this Agreement
if the default cannot be cured through corrective action. If terminated for cause, Grant
PACIFIC SYMPHONY Page 5
Funds shall be returned to the City pursuant to Section 5. This Agreement is made on an
annual basis, and as such is subject to non -renewal at its termination.
10.2. Termination without Cause. City may terminate this Agreement at any time
with or without cause upon seven (7) days written notice to Grantee, any remaining Grant
Funds in Grantee's possession at the time of termination shall be returned to City
pursuant to Section 5.
10.3. Specific Performance. Grantee agrees that the City has the legal right, and all
necessary conditions have been satisfied, to specifically enforce Grantee's obligations
pursuant to this Agreement.
11. STANDARD PROVISIONS
11.1. Recitals. City and Grantee acknowledge that the above Recitals are true and
correct and are hereby incorporated by reference into this Agreement.
11.2. Compliance With all Laws. Grantee shall at its own cost and expense comply
with all statutes, ordinances, regulations and requirements of all governmental entities,
including federal, state, county or municipal, whether now in force or hereinafter enacted.
11.3. Waiver. A waiver by either Party of any breach, of any term, covenant or
condition contained herein shall not be deemed to be a waiver of any subsequent breach
of the same or any other term, covenant or condition contained herein, whether of the
same or a different character.
11.4. Integrated Contract. This Agreement represents the full and complete
understanding of every kind or nature whatsoever between the parties hereto, and all
preliminary negotiations and agreements of whatsoever kind or nature are merged herein.
No verbal agreement or implied covenant shall be held to vary the provisions herein.
11.5. Conflicts or Inconsistencies. In the event there are any conflicts or
inconsistencies between this Agreement and the Grant Proposal or any other
attachments attached hereto, the terms of this Agreement shall govern.
11.6. Interpretation. The terms of this Agreement shall be construed in accordance
with the meaning of the language used and shall not be construed for or against either
party by reason of the authorship of the Agreement or any other rule of construction which
might otherwise apply.
11.7. Amendments. This Agreement may be modified or amended only by a written
document executed by both Grantee and City and approved as to form by the City
Attorney.
11.8. Severability. If any term or portion of this Agreement is held to be invalid, illegal,
or otherwise unenforceable by a court of competent jurisdiction, the remaining provisions
of this Agreement shall continue in full force and effect.
11.9. Controlling Law And Venue. The laws of the State of California shall govern
this Agreement and all matters relating to it and any action brought relating to this
PACIFIC SYMPHONY Page 6
Agreement shall be adjudicated in a court of competent jurisdiction in the County of
Orange, State of California.
11.10. Equal Opportunity Employment. Grantee represents that it is an equal
opportunity employer and it shall not discriminate against any contractor, employee or
applicant for employment because of race, religion, color, national origin, handicap,
ancestry, sex or age or any other impermissible basis under law.
11.11. No Attorney's Fees. In the event of any dispute or legal action arising under
this Agreement, the prevailing party shall not be entitled to attorney's fees.
11.12. Counterparts. This Agreement may be executed in two (2) or more
counterparts, each of which shall be deemed an original and all of which together shall
constitute one and the same instrument.
[SIGNATURES ON NEXT PAGE]
PACIFIC SYMPHONY Page 7
IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed
on the dates written below.
APPROVED AS TO FORM:
CITY ATTORNEY'S OFFICE
Date: 3 /ZI 11-;--7
CITY OF NEWPORT BEACH,
A California municipal corporation
Date: APR 0 7 2021
%Ci
/ �Y By:
o C. Harp Gr . Leung
Attorney CifAanager
ATTEST:
Date:
By:�.
*—Leilani I. Brown
City Clerk
GRANTEE: PACIFIC SYMPHONY, a
California nonrofit corporation
Date: 313v��y: i
By: ✓'� � �.�
Johh Evans
Chief Executive Officer
Date:
Bye
Susan Anderson
Secretary
[END OF SIGNATURES]
Attachment: Exhibit A: Grant Proposal
PACIFIC SYMPHONY Page 8
Exhibit A
PACIFIC SYMPHONY Page A-1
NEWPORT BEACH CITY ARTS COMMISSION
2020-2021 CULTURAL ARTS GRANT APPLICATION
Pacific Symphony
Popular Name of Organization
Pacific Symphony Association
Legal Name (if different)
17620 Fitch, Suite 100
Mailing Address
Irvine
Federal Tax ID No.
92614
City Zip
Luisa Cariaga Director of Institutional Giving (714) 876-2369
Contact Name Position Telephone
(714) 755-5789
www.PacificSymphony.org
Fax Number E -Mail Web Site
Orange County / Contact Email: LCariaga@PacificSymphony.org
Geographical Area Served
Have you received a City of Newport Beach Cultural Arts Grant before? Yes If so, when? 2,019
Year organization was founded 1,978 Number of paid staff 44 # of active volunteers 2,396
Total amount requested: (from request line of project budget) $
5,000.00
Estimated number of people in Newport Beach that the proposed project(s) will serve: 875
CULTURAL ARTS GRANT APPLICATION
1. Briefly describe below your organization's purpose, mission, and goals.
Pacific Symphony's mission is to inspire, engage and serve Orange County through exceptional music
performances and education and community programming. The organization was founded in 1978 to present
classical music in Orange County. Despite the closure of the concert hall and suspension of many concerts
and programs due to the pandemic, the Symphony's goals remain the same to: 1) Establish the organization
as a beacon of artistic achievement and Orange County's artistic ambassador; 2) Attract, engage and serve a
larger and more diverse audience in the county and the surrounding region; 3) Engage its diverse community
to inspire curiosity, improve well-being and connect with citizens through a deeper appreciation and love of
classical music; and 4) Develop an optimal mix of philanthropic, earned and capital resources to ensure
long-term capacity and achieve strategic goals.
Under normal operations, the orchestra presents more than 100 performances for the public, serving 275,000
residents and visitors. Its education and community engagement programs produce more than 3,000 distinct
learning and participation opportunities throughout the year. During the pandemic, programs have continued to
provide interactive music enrichment for K-12 students through Class Act (the focus of this request), and serve
vulnerable populations and disadvantaged residents through Santa Ana Strings and other specially -designed
programs.
2. Identify and describe why there is a need in the Newport Beach Community for your proposed
project/program. Include a quantitative description of the need and on what you based your findings
(i.e. "Based on a study done by the PTA, there are one hundred children in the 4th -6th grades at
Newport Elementary who have had no training with musical instruments." ) Describe how you have
determined that your organization is the best organization for the proposed project/program
Class Act offers an unparalleled opportunity for schoolchildren to learn from members of the Pacific Symphony
orchestra. Musicians serve as teaching artists, coaches and mentors, and as such, make students feel
extraordinarily special. Even through online and digital learning, Class Act motivates youth to set and attain
academic and artistic goals, helping them acquire key life skills and gain many benefits of studying the arts,
which has been proven to advance student academic performance. For example, the 2017 study at USC's
Brain and Creativity Institute demonstrates that exposure to music and music instruction accelerates the brain
development of children in the areas responsible for language development, sound, reading skills and speech
perception - elements critical for student STEM proficiency.
Two Newport Beach schools are participating again in 2021: Andersen and Newport Coast Elementary
Schools. Both in fact are 12 -year program veterans, attesting to the multiple -year effectiveness of student
progress in the program. Specifically, a University of Florida study found that: 1) students who study the arts
for 4 years in high school score 98 points higher on SAT tests compared to those who studied 6 months or
less; and 2) music appreciation students scored 61 points higher in verbal and 42 points higher in math on
SAT tests. Class Act enhances the growing arts opportunities in the district and has served as an inspiration to
expand music programs in Newport Beach schools. Local elementary schools rely on Pacific Symphony to
provide quality music education for their students. Class Act is the only arts education program in the county
which offers the expertise of Symphony -affiliated musicians.
Describe the specific project/program that will be funded by a cultural grant. Include how the
proposed project/program will be implemented and outline a schedule or project timeline, with
planned dates and locations. Identify individuals and groups involved, particularly artists and
performers, and describe their roles and responsibilities. Describe the background and qualifications
of your organization and key personnel to be involved in the program. Remember: The City funds only
projects and programs- not operating expenses. These projects and programs must promote
community involvement and awareness of the arts in Newport Beach.
Is this a new or existing project/program? Existing
Grant funds are respectfully requested for the Class Act Music Education Program in two Newport Beach
schools in 2021. For 26 years, Class Act has fulfilled the local need for quality music education using the arts
as a means to enhance academic achievement and enrich school communities. Class Act trains and places
individual professional Pacific Symphony musicians into Orange County schools to serve as teaching artists in
year-long residencies focused on the fundamentals of music through age-appropriate classroom instruction.
Class Act runs from September to June, with school and student participation beginning this year in February.
Schools form teams consisting of the principal, teachers, parent coordinators and school volunteers. Next the
Symphony designs a Common Core curriculum -based theme, workshop materials and lesson plans for all
schools. This has been extended into 2021 with composer of the year John Williams and the theme "Symphony
at the Movies II - Myths and Legends." Materials are delivered to classroom teachers during training workshops
where they learn to integrate music into all areas of learning. Online and digital student activities and arts
workshops with Symphony musicians run from February to June, with online Youth Concerts and Bravo
Assemblies in May and June. Assessments and evaluation are conducted during and after all activities. Staff
gauges program effectiveness throughout the year to monitor that goals and objectives are being met.
Class Act engages the entire student body at Andersen and Newport Coast Elementary Schools, as well as
their teachers, principals, parent coordinators, administrators and volunteers. There are ten Pacific Symphony
musicians who serve sixteen schools in the 2021 Class Act program, with schools assigned a new professional
musician each year. The program is led by Vice President of Education and Community Engagement Susan
Kotses, who has 13 years of experience with the Symphony and in the education community. Class Act utilizes
a staff of seven, led for five years by Director of Education Jonathan Terry, with all staff members managing,
coordinating and overseeing program components and activities. Since its beginning, Class Act has served
more than 315,000 students, teachers and principals in Orange County over a 26 -year history.
4. Define or describe the segment of the population in Newport Beach that you intend to serve by your
project/program. Include such things as age, location, numbers served, etc.
In 2021, Class Act will serve 842 children in two Newport Beach elementary schools: Andersen with 361
students and Newport Coast with 481 students; together with 31 teachers and 2 principals (total 875). Each
school serves Kindergarten to 6th grade students, ages 5-11. Both schools have partnered with Class Act for
twelve years, and have benefited from 2019-20 funding from a Newport Beach City Arts Commission grant.
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5. Complete the project budget form. Address only the budget for the specific project, not your annual
operating budget. For multi -project proposals, please duplicate and fill out a budget for each project.
Please annotate the budget at the bottom if there are details (such as a breakdown of personnel or a
marketing budget) critical to the proposal.
PROJECT BUDGET Funding from the Funding from
City of Newport Beach Other Sources
EXPENSES -Personnel
Artistic 1,700.00 25,000.00
Administrative 600.00 9,215.00
Technical Production 1,000.00 2,000.00'
EXPENSES -Operating
Facility Expense/Space Rental
Marketing
Production/Exhibition Expense
Touring/Presentation Expense
Educational Materials
1,700.00 4,399.00
Transportation
Equipment
Other
(if greater than 10%, annotate below)
GRAND TOTAL
$ 45,614.00
Describe the expected quantifiable outcomes of your project/program and how you will evaluate the
results. Be very specific in addressing the ways that you will determine that your project/program met
the needs that you identified and accomplishes the goals you set out to achieve (i.e. you provide 50
hours of musical instruction and instruments to the 100 children at Newport Elementary school as
measured by music store rental receipts and logs of instructors.)
The overall desired outcome is for K-6 children to improve their academic achievement through the Class Act
music education program at each school. The overarching outcome for educators is to improve their music
aptitude in order to teach the arts more effectively, and augment student learning in music. The quantifiable
outcomes for the 842 students and 31 teachers in 2021 follow:
a. A total of 80% or 674 students out of the estimated 842 will demonstrate increased knowledge about the
Class Act composer of the year (John Williams) and his music. Outcomes are measured through pre- and
post -program testing, questionnaires and teacher surveys.
b. A total of 548 students out of the 842 total will express their desire to further engage in music and the arts,
representing 65% of all Class Act students. Results are measured through surveys of students, parents and
teachers, along with comments and feedback at the end of the program.
c. A total of 84% or 26 of the 31 Class Act teachers will increase their capacity to teach the arts more
effectively and better support the Common Core. Results are quantified through teacher and principal surveys,
individual interviews, one-on-one follow-up and Zoom meetings with teachers.
l]
7. Attachments Requested
Please do not send material in excess of what is requested • it will not be seen by the City Arts Commission.
• A list of Board Members and their affiliations
• A recent list of individuals, corporations and foundations that provide organizational support- not
to exceed one page.
• If you are a 501(c) (3) organization attach a copy of your IRS determination letter (or your fiscal
agent's) indicating tax exempt status.
• One brochure and/or one press clipping, Do not send photos, videos, CDs or any other extraneous
material. It will not be presented to the City Arts Commission.
8, Please complete this operating budget form for 2019/20 and 2020/21. This is not the project/program
budget for which you are applying, but your overall organizational budget. You may annotate at the
bottom if there are details critical to the proposal.
OPERATING BUDGET
2019/20 Budget 2020/21 Budget
(rurrPntl (nrniartaril
I. Income (cash only)
Contributed 10,708,178.00 8,833,887.00
Earned 5,634,696.00 1,945,449.00
Total Income $ 16,342,874.00 $ 10,779,336.00
II. Expenses
Program
11, 553, 771.00
6, 507, 572.00
General and Administrative
2,525,341.00
2,258,449.00
Marketing and Development
4,379,623.00
2,304,833.00
Total Expenses
$ 18,458,735.00
$ 11,070,854.00
III. Operating Surplus/Deficit
(Income minus Expenses)
-2,115,861.00
-291,518.00
IV. Fund Balance at Beginning of Year
0.00
-2,115,861.00
V. Accumulated Surplus (Deficit)
(Add lines III and IV)
-$ 2,115,861.00
-$ 2,407,379.00
VI. In -Kind Contributions
(Attach schedule if greater than 10% of
total income)
9. 1 verify that the information submitted in this application is true and correct to the best of my
knowledge.
Name Luisa Cariaga
Title Director of Institutional Giving
Luisa Ca1 Iaga Digitally signed by Luisa Cariaga 01/08/2021
Signature _ Date: 2021.01.0810:1423-08'00' Date
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