FY19 - March Board Meeting Minutes
Minutes
Meeting of the Board of Directors
Wednesday, March 20, 2019 - Textile Center Auditorium
Attendance:
Board: John Cairns, Maggie Dayton, Richard Gilyard, Margaret Anderson Kelliher, Carol Mashuga, Larry McIntyre, Linda McShannock, Cyndi Kaye Meier, Anupama Pasricha, Lance Radziej, Ella Ramsey, Mariana Shulstad, Lisa Steinmann, and Maggie Thompson. (Absent: Amelia Allen, Jeanne Hilpisch.)
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 Lisa Steinmann, passed.
Approval of Minutes for January 16, 2019, meeting. Motion by Cyndi Kaye Meier, second by Linda McShannock, passed.
Diversity Planning Process for Textile Center
Executive Director Karl Reichert shared his experiences working with a graduate course at the University of Minnesota's Humphrey School of Public Affairs. Textile Center was selected to be the case study for a study related to its work with diversity, equity, and inclusion. Twenty-one graduate students participated in the course titled: "Stakeholder Skills for Leaders & Planners." The all-day session was held on Saturday, Feb. 9. To complete the course, each student will write a memo to Textile Center with recommendations for how to move forward with diversity planning and implementation.
Facilities Update
Dick Gilyard presented an update about the facilities planning process now that we have terminated the purchase agreement for 3300 University Ave. SE. We are exploring the option of engaging a broker to represent Textile Center as it explores options. Dick also reviewed a letter that will be sent to the law firm Winthrop & Weinstine to thank it for the generous pro-bono support it provided to Textile Center related to the acquisition of 3018 University Ave. SE parking lot and 3300 University Ave. SE.
Board Resolution: Letter to Winthrop & Weinstine Board acknowledging generous pro-bono support related to the acquisition of 3018 University Ave. SE parking lot and work related to 3300 University Ave. SE. Motion by Dick Gilyard, second by Carol Mashuga, passed.
Director of Administration Nancy Gross gave an update about plans for upgrading phone and security systems at Textile Center this year.
Finance Committee
Karl reviewed the January and February 2019 financials on behalf of Treasurer Jeanne Hilpisch, who was out of town. He reported that as of the end of February, we exceeded our annual budgeted goal for income, which is at $989,314, compared to a budgeted $869,143 … 114% of budget. On the expense side in the operating budget, we are at $796,907, on target with the year-to-date budget.
Motion: Accept January & February 2019 Financials. Motion by Cyndi Kaye Meier, second by Mariana Shulstad, passed.
Karl presented the FY20 operating budget.
It’s fitting that on our 25th year, Textile Center will be a $1 million+ nonprofit arts organization. The proposed budget: $1,223,750. Our Textile Center staff, under the leadership of Finance Manager Jayne Usery, has done outstanding work to craft this budget. Major highlights:
Rather than have both operating and capital budgets, as we did this current year, we have allocated a goal of $70,000 to support the staff and fundraising costs in the operating budget to launch our capital campaign this coming fiscal year. We will build out a capital budget (as we did for 3300) once we have set a direction for facilities.
Motion: Approve FY20 Operating Budget. Motion by Mariana Shulstad, second by Larry McIntrye, passed.
Board Governance / Nominating
Nominating Chair Mariana Shulstad reviewed slate of nominations for Board Members and Officers.
Motion: Elect slate of new and returning Board members, as recommended by the Nominating Committee. Seconded by Margaret Anderson Kelliher, passed:
New Board Members:
Bernadette Christiansen
Curt Pederson
Mary Ann Schmidt
Jeffrey J. White
Cyndi Kaye Meier (1-year term, continuing service on Executive Committee)
Returning for second 3-year term:
John Cairns
Ella Ramsey
Mariana Shulstad
Motion: Elect slate of officers as recommended by the Nominating Committee. Seconded by Margaret Anderson Kelliher, passed:
Ella Ramsey, President
Mariana Shulstad, Vice President
Jeanne Hilpisch, Treasurer
Maggie Dayton, Secretary
Cyndi Kaye Meier
Update on Textile Center Employee Benefits
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 this commitment is included in the FY20 budget. She also reported that the board will explore ways to fund a basic contribution and match for the retirement program as early as January 2020.
Fund Development
Karl Reichert gave an update on Grants. Applications were recently submitted to the Rosemary and David Good Family Foundation, Target Foundation, and the Jerome Foundation. A site visit is set with the McKnight Foundation regarding the application for the McKnight Artist Fellowships program. The McKnight Board will review in May.
Fund Development Chair Mariana Shulstad asked for Board members to sign up for hosting responsibilities for the May 16 "Global Threads" breakfast and friend-raiser presented by the Textile Center board. Anu Pasricha has agreed to be the speaker for the event.
Linda McShannock gave an update about planning for the 25th Anniversary Gala, which is set for Monday evening, October 21, 2019. The Minnesota History Center is on hold for the event. Lisa Steinmann and Linda will co-chair the gala.
Karl gave an update about Textile Center's 25th Birthday Open House, set for 11 am to 3 pm Monday, April 1, 2019.
Staff Updates
Nancy Gross gave an update about the Garage Sale, which is set for Thursday, April 11, through Saturday, April 13.
Gratitude: A special thank you to Margaret Anderson Kelliher
President Ella Ramsey presented a card and gifts from the Board and Staff to Margaret Anderson Kelliher, who is completing 8 years of board service. During that time she served as the chair of the Executive Director Search Committee that selected Karl as the organization's third leader, as well as four years on Executive Committee and two years as president of the Board.
The meeting was adjourned at 7:40 pm. Motion made by Cyndi Kaye Meier, seconded by Anu Pasricha, and passed.
Minutes approved: April 17, 2019
Submitted by Cyndi Kaye Meier, Secretary
Meeting of the Board of Directors
Wednesday, March 20, 2019 - Textile Center Auditorium
Attendance:
Board: John Cairns, Maggie Dayton, Richard Gilyard, Margaret Anderson Kelliher, Carol Mashuga, Larry McIntyre, Linda McShannock, Cyndi Kaye Meier, Anupama Pasricha, Lance Radziej, Ella Ramsey, Mariana Shulstad, Lisa Steinmann, and Maggie Thompson. (Absent: Amelia Allen, Jeanne Hilpisch.)
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 Lisa Steinmann, passed.
Approval of Minutes for January 16, 2019, meeting. Motion by Cyndi Kaye Meier, second by Linda McShannock, passed.
Diversity Planning Process for Textile Center
Executive Director Karl Reichert shared his experiences working with a graduate course at the University of Minnesota's Humphrey School of Public Affairs. Textile Center was selected to be the case study for a study related to its work with diversity, equity, and inclusion. Twenty-one graduate students participated in the course titled: "Stakeholder Skills for Leaders & Planners." The all-day session was held on Saturday, Feb. 9. To complete the course, each student will write a memo to Textile Center with recommendations for how to move forward with diversity planning and implementation.
Facilities Update
Dick Gilyard presented an update about the facilities planning process now that we have terminated the purchase agreement for 3300 University Ave. SE. We are exploring the option of engaging a broker to represent Textile Center as it explores options. Dick also reviewed a letter that will be sent to the law firm Winthrop & Weinstine to thank it for the generous pro-bono support it provided to Textile Center related to the acquisition of 3018 University Ave. SE parking lot and 3300 University Ave. SE.
Board Resolution: Letter to Winthrop & Weinstine Board acknowledging generous pro-bono support related to the acquisition of 3018 University Ave. SE parking lot and work related to 3300 University Ave. SE. Motion by Dick Gilyard, second by Carol Mashuga, passed.
Director of Administration Nancy Gross gave an update about plans for upgrading phone and security systems at Textile Center this year.
Finance Committee
Karl reviewed the January and February 2019 financials on behalf of Treasurer Jeanne Hilpisch, who was out of town. He reported that as of the end of February, we exceeded our annual budgeted goal for income, which is at $989,314, compared to a budgeted $869,143 … 114% of budget. On the expense side in the operating budget, we are at $796,907, on target with the year-to-date budget.
Motion: Accept January & February 2019 Financials. Motion by Cyndi Kaye Meier, second by Mariana Shulstad, passed.
Karl presented the FY20 operating budget.
It’s fitting that on our 25th year, Textile Center will be a $1 million+ nonprofit arts organization. The proposed budget: $1,223,750. Our Textile Center staff, under the leadership of Finance Manager Jayne Usery, has done outstanding work to craft this budget. Major highlights:
- The new McKnight Artists Fellowships program for fiber artists is a major factor in this leap forward. We will receive a $125,000 annual for this program for the next three years (with two $25,000 grants awarded to two mid-career artists each year).
- The addition of a full-time development manager staff position, to support the substantial increase in fundraising activity, as well as the addition of another full-time fellowship/program assistant (50% of which is covered by the McKnight grant).
- An increase in Textile Center’s commitment to employee’s health care premiums, from 50% to 80%, as well as a cost-of-living pay increase for staff.
- The allocation of $25,000 to engage consultants within cultural communities, to serves in liaison roles to help strengthen Textile Center’s commitment to DEI (Diversity, Equity, and Inclusion). This is offset by an increase in $30,000 in our directed grants to support this work.
- A $30,000 net goal for the 25th Anniversary Gala in the fall.
Rather than have both operating and capital budgets, as we did this current year, we have allocated a goal of $70,000 to support the staff and fundraising costs in the operating budget to launch our capital campaign this coming fiscal year. We will build out a capital budget (as we did for 3300) once we have set a direction for facilities.
Motion: Approve FY20 Operating Budget. Motion by Mariana Shulstad, second by Larry McIntrye, passed.
Board Governance / Nominating
Nominating Chair Mariana Shulstad reviewed slate of nominations for Board Members and Officers.
Motion: Elect slate of new and returning Board members, as recommended by the Nominating Committee. Seconded by Margaret Anderson Kelliher, passed:
New Board Members:
Bernadette Christiansen
Curt Pederson
Mary Ann Schmidt
Jeffrey J. White
Cyndi Kaye Meier (1-year term, continuing service on Executive Committee)
Returning for second 3-year term:
John Cairns
Ella Ramsey
Mariana Shulstad
Motion: Elect slate of officers as recommended by the Nominating Committee. Seconded by Margaret Anderson Kelliher, passed:
Ella Ramsey, President
Mariana Shulstad, Vice President
Jeanne Hilpisch, Treasurer
Maggie Dayton, Secretary
Cyndi Kaye Meier
Update on Textile Center Employee Benefits
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 this commitment is included in the FY20 budget. She also reported that the board will explore ways to fund a basic contribution and match for the retirement program as early as January 2020.
Fund Development
Karl Reichert gave an update on Grants. Applications were recently submitted to the Rosemary and David Good Family Foundation, Target Foundation, and the Jerome Foundation. A site visit is set with the McKnight Foundation regarding the application for the McKnight Artist Fellowships program. The McKnight Board will review in May.
Fund Development Chair Mariana Shulstad asked for Board members to sign up for hosting responsibilities for the May 16 "Global Threads" breakfast and friend-raiser presented by the Textile Center board. Anu Pasricha has agreed to be the speaker for the event.
Linda McShannock gave an update about planning for the 25th Anniversary Gala, which is set for Monday evening, October 21, 2019. The Minnesota History Center is on hold for the event. Lisa Steinmann and Linda will co-chair the gala.
Karl gave an update about Textile Center's 25th Birthday Open House, set for 11 am to 3 pm Monday, April 1, 2019.
Staff Updates
Nancy Gross gave an update about the Garage Sale, which is set for Thursday, April 11, through Saturday, April 13.
Gratitude: A special thank you to Margaret Anderson Kelliher
President Ella Ramsey presented a card and gifts from the Board and Staff to Margaret Anderson Kelliher, who is completing 8 years of board service. During that time she served as the chair of the Executive Director Search Committee that selected Karl as the organization's third leader, as well as four years on Executive Committee and two years as president of the Board.
The meeting was adjourned at 7:40 pm. Motion made by Cyndi Kaye Meier, seconded by Anu Pasricha, and passed.
Minutes approved: April 17, 2019
Submitted by Cyndi Kaye Meier, Secretary