FY19 - January Board Meeting Minutes
Minutes
Meeting of the Board of Directors
Wednesday, January 16, 2019 - Textile Center Auditorium
Attendance:
Board: John Cairns, Maggie Dayton, Richard Gilyard, Margaret Anderson Kelliher, Carol Mashuga, Larry McIntyre, Linda McShannock, Cyndi Kaye Meier, Lance Radziej, Ella Ramsey, Mariana Shulstad, Lisa Steinmann, and Maggie Thompson. (Absent: Amelia Allen, Jeanne Hilpisch, and Anupama Pasricha.)
Staff: Nancy Gross, Tracy Krumm and Karl Reichert
President Ella Ramsey called the meeting to order at 6:05 PM.
Approval of Meeting Agenda. Motion by Cyndi Kaye Meier, second by Margaret Anderson Kelliher, passed.
Approval of Minutes for November 28, 2018, meeting. Motion by Maggie Dayton, second by Mariana Shulstad, passed.
Program Report: Holiday Gallery Shop
Director of Administration Nancy Gross reported on the success of the 2018 Holiday Gallery Shop, and shared strategies behind its success.
FY20 Work Plan Draft
Executive Director Karl Reichert walked the Board through the FY20 work plan, which highlighted major program initiatives for FY20, including a new program for McKnight Artist Fellowships, as well as next steps for facilities, governance, and fundraising.
Finance Committee
Karl reviewed the November and December 2018 financials on behalf of Treasurer Jeanne Hilpisch, who was out of town. Two major highlights:
Motion to accept October 2018 Financials. Motion by Lance Radziej, second by Mariana Shulstad, passed.
Review of Textile Center Employee Benefits Analysis & Recommendations
Carol Mashuga gave an update on Staff Benefits. As of January 1, Textile Center is now covering 80% of staff health insurance premiums (up from 50%), and the FY20 budget is expected to maintain this commitment. She also reported that another area that should be addressed soon would be to adopt a plan to fund a basic contribution and match for the retirement program, and she outline various ways this could be accomplished.
Board Governance
Ella Ramsey reported that Mariana Shulstad has agreed to chair the Nominating Committee, and that she, Cyndi Kaye Meier, and Carol Mashuga have agreed to serve on the committee. They will nominate a slate of new board members and officers at the March Board meeting. The goal, Ella reported, is to increase the board from 16 to 18 members. She also asked for recommendations from the Board for nominations.
Motion to appoint the Nominating Committee for FY20. Motion by Margaret Anderson Kelliher, second by John Cairns, passed.
Fund Development
Fund Development Chair Mariana Shulstad informed the Board that the May "friend raiser" breakfast is set for Thursday, May 16. Karl updated the Board on upcoming grant deadlines.
As for the 25th Anniversary celebration, Karl reported that a birthday celebration/open house is being planned for Monday, April 1, from 11 am to 3 pm. Linda McShannock has been assisting in researching venues for the fall 25th Anniversary Gala, and the Minnesota History Center has become a possible preferred location. The tentative date is Monday, October 21, 2019. There was discussion about the date for the gala, and the staff will review and come back to the Board with a final recommendation.
Staff Updates
Nancy Gross gave an update of staff activities, and highlighted plans for the upcoming 2019 World's Largest Garage Sale, which is set for 8 am to 4 pm Saturday, April 13, with the preview party the night before from 5:30 to 8 pm. Board members are encourage to serve as cashiers or cashier assistants during the garage sale event.
The meeting was adjourned at 7:36 pm. Motion made by Carol Mashuga, seconded by John Cairns, and passed.
Minutes approved: March 20, 2019
Submitted by Cyndi Kaye Meier, Secretary
Meeting of the Board of Directors
Wednesday, January 16, 2019 - Textile Center Auditorium
Attendance:
Board: John Cairns, Maggie Dayton, Richard Gilyard, Margaret Anderson Kelliher, Carol Mashuga, Larry McIntyre, Linda McShannock, Cyndi Kaye Meier, Lance Radziej, Ella Ramsey, Mariana Shulstad, Lisa Steinmann, and Maggie Thompson. (Absent: Amelia Allen, Jeanne Hilpisch, and Anupama Pasricha.)
Staff: Nancy Gross, Tracy Krumm and Karl Reichert
President Ella Ramsey called the meeting to order at 6:05 PM.
Approval of Meeting Agenda. Motion by Cyndi Kaye Meier, second by Margaret Anderson Kelliher, passed.
Approval of Minutes for November 28, 2018, meeting. Motion by Maggie Dayton, second by Mariana Shulstad, passed.
Program Report: Holiday Gallery Shop
Director of Administration Nancy Gross reported on the success of the 2018 Holiday Gallery Shop, and shared strategies behind its success.
FY20 Work Plan Draft
Executive Director Karl Reichert walked the Board through the FY20 work plan, which highlighted major program initiatives for FY20, including a new program for McKnight Artist Fellowships, as well as next steps for facilities, governance, and fundraising.
Finance Committee
Karl reviewed the November and December 2018 financials on behalf of Treasurer Jeanne Hilpisch, who was out of town. Two major highlights:
- Individual giving has exceeded our fiscal year goal. We raised $20,154 as of December 31, compared to an annual goal of $94,200. In December we exceeded our budgeted goal by more than $11,000.
- Shop income exceeded its big December goal by nearly $5,000, raising $45,495 during the month. Shop is at 106% of its year-to-date budget.
Motion to accept October 2018 Financials. Motion by Lance Radziej, second by Mariana Shulstad, passed.
Review of Textile Center Employee Benefits Analysis & Recommendations
Carol Mashuga gave an update on Staff Benefits. As of January 1, Textile Center is now covering 80% of staff health insurance premiums (up from 50%), and the FY20 budget is expected to maintain this commitment. She also reported that another area that should be addressed soon would be to adopt a plan to fund a basic contribution and match for the retirement program, and she outline various ways this could be accomplished.
Board Governance
Ella Ramsey reported that Mariana Shulstad has agreed to chair the Nominating Committee, and that she, Cyndi Kaye Meier, and Carol Mashuga have agreed to serve on the committee. They will nominate a slate of new board members and officers at the March Board meeting. The goal, Ella reported, is to increase the board from 16 to 18 members. She also asked for recommendations from the Board for nominations.
Motion to appoint the Nominating Committee for FY20. Motion by Margaret Anderson Kelliher, second by John Cairns, passed.
Fund Development
Fund Development Chair Mariana Shulstad informed the Board that the May "friend raiser" breakfast is set for Thursday, May 16. Karl updated the Board on upcoming grant deadlines.
As for the 25th Anniversary celebration, Karl reported that a birthday celebration/open house is being planned for Monday, April 1, from 11 am to 3 pm. Linda McShannock has been assisting in researching venues for the fall 25th Anniversary Gala, and the Minnesota History Center has become a possible preferred location. The tentative date is Monday, October 21, 2019. There was discussion about the date for the gala, and the staff will review and come back to the Board with a final recommendation.
Staff Updates
Nancy Gross gave an update of staff activities, and highlighted plans for the upcoming 2019 World's Largest Garage Sale, which is set for 8 am to 4 pm Saturday, April 13, with the preview party the night before from 5:30 to 8 pm. Board members are encourage to serve as cashiers or cashier assistants during the garage sale event.
The meeting was adjourned at 7:36 pm. Motion made by Carol Mashuga, seconded by John Cairns, and passed.
Minutes approved: March 20, 2019
Submitted by Cyndi Kaye Meier, Secretary