Studio 206

“Client Note 1 - As the Artistic Directors and Board of Directors of Studio 206 looked at the continuing challenges of managing, renting and subleasing a large space, we began considering some alternative ways in which we could best follow our mission to connect and support artists. Over the past year, we have been pursuing opportunities for long term residencies at several institutions of higher education. The confluence of our desire to streamline our focus, energy and resources with the chance to be in residence would allow us to begin to think about how we can be more nimble and accessible. With Board approval, we gave notice and ended our lease at the Ivy Building for the Arts as of March 31, 2018. Were not ruling out another brick and mortar spaceweve learned a great deal from the extended time weve been in the space at the Ivy Building (10.5 years) about how space can define (and limit) an organization. We feel proud of the work weve done to support so many artists throughout the community. It is this work that has laid the foundation for continuing our mission to connect and support artists through the projects and programs of Studio 206 like The Gymnasium and Odd Socks. So onwardthe work continues.”

“Information Technology $455”

“Travel $16”

“Depreciation $72”

“Insurance $1400”

“Subcontr/Admin: 37,950-19800 $18150”

“Odd Socks: program expenses $4027”

“Supplies and Miscellaneous $850”

“Website hosting $344”

“Strategic Planning $223”

“Supplies $95”

“Studio House Manager $68”

“Machinery and Equipment - Beginning $108 Machinery and Equipment - Ending $36”