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HomeMy WebLinkAboutResolution_BPW_01-19-22-28_Redacted_Arts Grant_1500.00_Youth Inspirations TheatreRESOLUTION NO. BPW 01-19-22-28 RESOLUTION OF THE CITY OF CARMEL BOARD OF PUBLIC WORKS AND SAFETY ACKNOWLEDGING ARTS GRANT PROGRAM AGREEMENT WHEREAS, pursuant to Indiana Code 36-1-4-7, the City of Carmel, Indiana (“City”), is authorized to enter into contracts; and WHEREAS, pursuant to Indiana Code 36-4-5-3, the City’smayor may enter into contracts on behalf ofthe City; and WHEREAS, pursuant to his authority under Indiana law, the City’smayor, the Honorable James C. Brainard, has caused to be signed the Arts Grant attached hereto as Exhibit A (the “Contract”); and WHEREAS, Mayor Brainard now wishes to present the contract to the City’sBoard of Public Works and Safety for it to be publicly acknowledged, filed in the Clerk’sOffice, and made available to the public for review. NOW, THEREFORE, BE IT RESOLVED by the City of Carmel Board of Public Works and Safety as follows: 1. The foregoing Recitals are incorporated herein by this reference. 2. The receipt ofthe Contract is hereby acknowledged. 3. The Contract shall be promptly filed in the office of the Clerk and thereafter made available to the public for review. SO RESOLVED this day of , 2022. CITY OF CARMEL, INDIANA By and through its Board of Public Works and Safety BY: James Brainard, Presiding Officer Date: Mary Ann Burke, Member Date: Lori S. Watson, Member Date: ATTEST: Sue Wolfgang, Clerk Date: S:\\EBass\\MyDocuments\\BPW-Resolutions\\2022\\Acknowledge ArtsGrantYouthInspirations Theatre.docx1/7/20221:08PM DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF 1/19/2022 January19th 1/19/2022 1/19/2022 1/19/2022 G r C/Iy' F f"vDiAi`14 ARTS GRANT PROGRAM AGREEMENT This Grant Agreement (herein referred to as "Agreement") entered into by and between the CityofCarmel (the "City") and y0 i11 InSIDIaflons—Pleo4rc (theGrantee"), is executed pursuant to the terms and conditions set forth herein. In consideration of those mutual undertakings and covenants, the parties agree as follows: That on behalf of Grantee, a not -for -profit corporation, I, JV + Q, ofl ho rh an authorized representative of Grantee, have applied for a City —of armel Grantor") Arts Grant, said application attached hereto and made a part hereof asExhibit "A." 2. Grant Agreement. The City, after review and recommendation by the Mayor, agrees to grant $ 1,500.00 to the Grantee for the eligible costs Of the project (the "Project") or services as described in Exhibits "A" and "B" of this Agreement. The funds shall be used exclusively in accordance with the provisions contained in this Agreement. Generally, the Grant award may not exceed one third 1/3) of Grantee's combined contributed income, revenue of sales, and/or ticket revenue from the previous year. The City of Carmel may, however, make exceptions for start-up organizations that have been in existence for three (3) years or less. 3. Design anti Implementation of Project. The Grantee agrees to use any and all grant funds in accordance with the proposal contained within this agreement and anydocumentsattachedtothisAgreement, which are incorporated by reference. 4. Warranty of non-profit status. Grantee hereby represents and warrants that it is a not -for -profit entity with a determination letter from the Internal Revenue ServicedeclaringthatitisexemptfromFederalincometax. DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF 5. Payment of Grant Funds by the City. The payment of this Grant by the City to the Grantee shall be made in accordance with the following conditions: A. This Agreement must be fully executed and signed by both Grantee and Grantor. B. Grantee has attached all the following information, which it represents and warrants to be true and accurate, all which have been incorporated fully by reference: 1. An application and description of the proposed use of the grant funds (EXHIBIT A); 2. A budget for the calendar or fiscal year for which the grant is requested EXHIBIT B); 3. Certified copies of incorporation as a not -for -profit corporation under state law EXHIBIT C); 4. A not -for -profit application or determination letter from the U.S. Internal Revenue Service identifying that it is a not -for -profit corporation that is exempt from Federal income tax (EXHIBIT D); 5. Any audits, reviews or compilations available describing the financial condition of the Grantee, unaudited Balance Sheet and Income Statement, most recent available IRS Form 990, and the attached Affidavit (EXHIBIT E); 6. A list of the Grantee's board of directors and officers listed (EXHIBIT F); 7. A Year End Report from the previous year if Grantee received an Arts Grant from the City of Carmel in the previous calendar year, pursuant to paragraph 8 herein EXHIBIT G). C. Any other grant conditions that City requires to be met by Grantee, specifically: 6. Grantor's right to request audit or review. Grantee shall submit to an audit or review by an independent Certified Public Accountant of funds at the City's request, and shall make all books, accounting records and other documents available at all reasonable times during the term of this Grant Agreement, and for a period of three 3) years after final payment of funds under this Agreement, for the purpose of an audit by the City of Carmel, the State of Indiana, or their designees. Said review or audit, if requested, shall be performed by a Certified Public Accountant ("CPA") who 2 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF is neither an employee of Grantee nor a member of the Grantee's Board of Directors, to be provided to the City of Carmel by March 31 of the following year. 7. Quarterly financial statements. Grantee agrees to provide the City of Carmel quarterly financial statements within 45 days after each quarter -end for Grant awards in excess of sixty thousand dollars ($60,000). 8. Year-end review. Grantee agrees to provide the City of Carmel a year-end report Year End Report") for each year, describing how the grant was used and the impact of the dollars received. 9. Funding Credit. Grantee agrees to credit the City of Carmel in the printed materials associated with a funded program or project. The City of Carmel will supply, upon request, Grantee with the graphics/logos necessary for compliance. 10. Statutory Authority of Grantee. The Grantee expressly represents and warrants to the City that it is statutorily eligible to receive these monies and it expressly agrees to repay all monies paid to it under this Grant, should a legal determination of its ineligibility be made by any Court of competent jurisdiction. 11. Use of Grant Funds by Grantee. The funds received by the Grantee pursuant to this Agreement shall be used only to implement the Project or provide the services in conformance with the Budget and for no other purpose. If it is determined by the City that misappropriation of funds have occurred, the Grantee must return all funds received by Grantor and individuals who misuse Grant funds may also be subject to civil and/or criminal liability under Indiana and Federal law. 12. Employment Eligibility Verification. The Grantee affirms under the penalties of perjury that he/she/it does not knowingly employ an unauthorized alien. The Grantee affirms under the penalties of perjury that he/she/it has enrolled and is participating in the E-Verify program as defined in IC 22-5-1.7. The Grantee agrees to provide documentation to the City that he/she/it has enrolled and is participating in the E-Verify program. The City may terminate for default if the Grantee fails to cure a breach of this provision no later than thirty (30) days after being notified by the State. 13. Governing Law; Lawsuits. This Agreement is to be construed in accordance with and governed by the laws of the State of Indiana, except for its conflict of laws provisions. The parties agree that, in the event a lawsuit is filed hereunder, they waive their right to a jury trial, agree to file any such lawsuit in an appropriate court in Hamilton County, Indiana only, and agree that such court is the appropriate venue for and has jurisdiction over same. 3 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF 14. Relationship of Parties. The relationship of the parties hereto shall be as providedforinthisAgreement, and neither Grantee nor any of its compensated officers, employees, contractors, subcontractors and/or agents are employees of City. TheGrantamountsetforthhereinshallbethefullandmaximumcompensationand monies required of City to be paid to Grantee under or pursuant to his Agreement. 15. Severability. If any tern of this Agreement is invalid or unenforceable under anystatute, regulation, ordinance, executive order or other rule of law, such term shall be deemed reformed or deleted, but only to the extent necessary to comply with same, and the remaining provision of this Agreement shall remain in full force and effect. 16. Entire Agreement. This Agreement, together with any exhibits attached hereto or referenced herein, constitutes the entire agreement between Grantee and City with respect to the subject matter hereof, and supersedes all prior oral or written representations and agreements regarding same. Notwithstanding any other term or condition set forth herein, but subject to paragraph 15 hereof, to the extent any term or condition contained in any exhibit attached to this Agreement or in any document referenced herein conflicts with any term or condition contained in this Agreement, the term or condition contained in this Agreement shall govern and prevail. This Agreement may only be modified by written amendment executed by both partieshereto, or their successors in interest. IN WITNESS WHEROF, the parties hereto have made and executed this Agreement as follows: 10"th IhS0i&fionc-fhAYV _ By- —" 1 (Signature) Printed Name of Officer: I Q K Title: EX Mth i L biii t u r Date: Q 2.1 CITY OF CARMEL ("Grantor") By: James Brainard, Mayor ATTE Date: 12/29/2021 ST: Date: 12/29/2021 If you have any question concerning the City of Cannel's 2022 Arts Grant Program, grant writing guidelines or application materials, contact: Sharon Kibbe, City of Carmel, One Civic Square, Carmel, IN 46032, Phone: 317-571-2483, skibbe(alcatmel in e . 4 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF Exhibit "A" An Application and Description of the Proposed Use of the Grant Funds APPLICANT: APPLICATION AMOUNT: $ 3O, O n DESCRIPTION OF THE PROPOSED USE OF THE GRANT FUNDS: Please See cc#r" Additional pages may be added to Exhibit "A") By: :JU1A' Printed Name DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF Julie Nottingham YlT Youth Inspirations Theatre Inc. 9625 E 150' St Suite 105 YOUTH INSPIRATIONS THEATRE Noblesville, IN 46060 317) 503-3480 Contact: Julie Nottingham J_ylie Qnyitindy.org Youth Inspirations Theatre Carmel Arts Grant Application Project Title Youth Inspirations Theatre Scholarship Fund APPLICATION AMOUNT: $30,000 Request Summary Youth Inspirations Theatre (YIT) provides a unique experience where children and adults of all abilities can participate in the creation of theatrical productions by providing a variety of theatre and music education opportunities. To continue to fulfill our mission of educating each individual student through classes, productions, and private lessons, YIT is seeking grant funding to award scholarship money to students that might not be able to participate due to lack of funds. These scholarships will allow students to further their performing arts craft and allow teachers to share their passion for music, theatre, and dance with students that may not have the opportunity otherwise. YIT will use the grant funds to award 50 individual students a scholarship to participate in any 2022 production cast. With our 2021 Arts Grant funds awarded to perform at The Cat, we will attract many more Carmel students to our program. In addition, we have introduced Carmel's Mid -Town to new families and already have several new families registered for 2022. In addition to our 2022 productions being performed at The Cat, we are in discussion with both Carmel Community Players and The Cat on a potential partnership to perform all our productions in Carmel. Our productions for 2022 can hold a total of 140 students combined with the majority being Carmel residents. YIT will announce and promote the scholarship fund for student and begin accepting applications. Each application will be review by the YIT Board of Directors and awarded accordingly. Scholarship awards may be for the full tuition amount or partial tuition. The full scholarship will be $415 for our kids productions or $600 for our main stage productions. The full scholarship will cover the complete cost for each student to fully participate in the production of their choice. We will allocate scholarship funds to each production to allow a maximum of 20 students to be awarded a scholarship for each main stage production and 15 students to be awarded a scholarship for each kids production. This will allow us to help more families in the community by alevating the financial obligation. Main stage productions consist of a cast of 40 students to allow for instructors to educate each student individually. The cast rehearses twice a week for 9 weeks and then has a full week of technical rehearsal at The Cat. Students are given a total of 66.5 educational hours plus 4-5 YOUTH INSPIRATIONS THEATRE 9625 E 150TH ST SUITE 105 NOBLESVILLE. IN 46060 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF Y1 T YOUTH INSPIRATIONS THEATRE Julie Nottingham Youth Inspirations Theatre Inc. 9625 E 1501h St Suite 705 Noblesville, IN 46060 317) 503-3480 Contact: Julie Nottingham JuligCO)yitindy ora performances of their production. Every student that has participated in a past main stageProduction, has grown exponentially as young performers and as young citizens. YIT takes thetimetoworkwitheachstudentandhelpthemgrowintheareasthataremostpertinenttothem. In addition, we take the time to genuinely get to know our parents, so they also become part oftheYITfamily. Kids productions consist of a cast of up to 30 students to allow instructors to educate each student individually. The cast rehearses twice a week for 7 weeks and then has a full week of technical rehearsal. Students are given a total of 35.5 educational hours plus 2-3 performancesoftheirproduction. We have established a program to educate students all about theatrical productions starting atage6. Our kids production is for students ages 6-10 that may have no experience participatinginaproductionbeforeorhavesomeexperience, but not much education. This production is ourfoundationalprogramthatteachesstudentsbasictheatre, dance, and music education. OurParentshavesharedtheimpactwehavemadeontheirchildren. Youth Inspirations Theater has been a "fabulous find" for our daughter! As a fifth grader she had neverbeeninvolvedinacting, singing, or playing a musical instrument of any sort outside of a couple short summer camps. YIT has been the PERFECT home for her to step into the world of theater and singingandguitar. She has been made to feel welcome and safe by both the leaders and the students. She thoroughly enjoyed her experience in her first musical theater. She learned about singing, blocking, acting, props, costumes, mics, stage presence and more. But as parents we are most proud of the confidence she gained and the friends she made. YIT is a great program for our youth lead by adultswhocareaboutboththeirtechnicalgrowthaswellastheiroverallexperience. Kindness and inclusionseemtobeimportantaspectsoftheprogramandasaparentit's so nice to know our children are bothwellcaredforandbeingtaughthowtocareforothers. We appreciate the supportive nature of YITandourdaughterisalreadylookingforwardtohernextmusical! Alicia Hughes (parent of YIT) Our main stage production is for students ages 9-18 and will change to 10-18 as our studentbasegrows. The program is for students that are looking for a full stage production and a morein-depth education in theatre arts. Our parents have shared the impact we have made on theirchildren. Dear YIT, I wanted to send a quick note to THANK YOU for all that you are doing for young talent in HamiltonCounty. I have been impressed with the singing lessons and acting classes that my daughter has takenatYIT. I would recommend this program to any parent who has a child that is trying to develop atalentortrysomethingnew. The team at YIT has a positive coaching style and helps build the child's YOUTH INSPIRATIONS THEATRE 9625 E 150TH ST SUITE 105 NOBLESVILLE, IN 46060 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF YIT-*'*' YOUTH INSPIRATIONS THEATRE Julie Nottingham Youth Inspirations Theatre Inc. 9625 E 1501s St Suite 105 Noblesville, IN 46060 317) 503-3480 Contact: Julie Nottingham Julie cil itindy_orcJ confidence in what they are doing. YIT has expectations of their students that helps teach them valuable life lessons one of which is that you must put in the work to get results you want. I was able to witness many kids who were shy really come out of their shell and enjoy what they are doing. The smiles on their face were priceless. My daughter built friendships and memories that will last a life time. Thank you YIT! Best, Natalie Brown Musical Theatre Education is a gateway for life skills which include: Self-confidence and self esteem Oral communication skills Coordination Focus and memory Creative problem -solving abilities Fundamental Math Skills Motivation and initiative Commitment Working as a team The ability to work independently Theatre education in these times after quarantine and isolation are more important than ever. Students need a sense of belonging and accomplishment. By participating in a YIT production we provide a team like atmosphere as well as an individual approach to education. We wish to provide that to any student no matter their financial circumstances. Being a recipient of a scholarship myself from another organization, I know what a huge benefit this award is to the family and the child. Families with lower income want to allow their children to participate in the activities they wish and grow in areas of their desire. The scholarship completely took the financial burden off of me and my husband, an IFD firefighter, and allowed for me to fully commit to the production. With the knowledge of the relief a scholarship can bring, I want to extend that to as many families as I can for our program in 2022. YOUTH INSPIRATIONS THEATRE 9625 E 150TH ST SUITE 105 NOBLESVILLE, IN 46060 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF Youth Inspirations Theatre 2022 Operating Budget Exhibit B Income Fundraisers 6,000.00 Grants 30,000.00 Student Instruction Revenue 256,750.00 Total Income 292,750.00 Expense Bank and Service Fees 120.00 Business Insurance 520.00 Computer Applications - Monthly 2,900.00 Concession Expense 3,000.00 Dues and Subscriptions 1,100.00 Facility Expense Rent Expense 56,076.00 Utilities 2,500.00 Total Facility Expense 58,576.00 Fundraising Expense 3,600.00 Marketing 7,700.00 Meals and Entertainment 2,300.00 Office Supplies 3,600.00 Postage & Delivery 120.00 Printing and Copy 5,100.00 Production Costs Production Equipment & Supplies 30,604.60 Production Permits and Licensing 1,100.00 Production Staff 4,800.00 Venue Rent Expense 14,000.00 Total Production Costs 50,504.60 Professional Fees Accounting Services 3,700.00 Total Professional Fees 3,700.00 Student Instructors 89,600.00 Studio Equipment & Supplies 7,700.00 Studio Maintenance and Repairs 1,000.00 Telephone 1,140.00 Total Expense 242,287 Net Operating Income 50,469.40 Page 1 of t DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF Formed pursuant to the provisions of the Indiana Code. BUSINESS ID BUSINESS TYPE BUSINESS NAME PRINCIPAL OFFICE ADDRESS EXHIBIT APPROVED AND FILED CONNIELAWSON INDIANASECREPARY OF STATE 05/04/2020 08:22 AM 202005011389453 Domestic Nonprofit Corporation YOUTH INSPIRATIONS THEATRE INC. REGISTERED AGENT TYPE Individual NAME Julie Nottingham ADDRESS SERVICE OF PROCESS EMAIL julienottingham84@gmail.com I acknowledge that the Service of Process email provided above is the email address at which electronic service of process may be accepted. PERIOD OF DURATION Perpetual EFFECTIVE DATE 05/01/2020 EFFECTIVE TIME 03:07PM TITLE President NAME Julie Nottingham ADDRESS NAME - Julie Nottingham ADDRESS - DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF APPROVED AND FILED CONNIE LAWSON g INDIANA SECRETARY OF STATE i 05/04/2020 08:22 AM j STATEMENT OF PURPOSE Education of youth in performing arts. TYPE OF CORPORATION Mutual benefit corporation (all others) WILL THE CORPORATION HAVE MEMBERS? No DISTRIBUTION OF ASSETS Once the decision has been made to dissolve, the nonprofit must stop transacting business, except to wind down its activities. Any remaining assets must be used to pay debts and liabilities. If assets remain after paying debts, the nonprofit (if it is a 5016) must distribute them to another 5016 organization. THE SIGNATOR(S) REPRESENTS THAT THE REGISTERED AGENT NAMED IN THE APPLICATION HAS CONSENTED TO THE APPOINTMENT OF REGISTERED AGENT. THE UNDERSIGNED, DESIRING TO FORM A CORPORATION PURSUANT TO THE PROVISIONS OF THE INDIANA NONPROFIT CORPORATION ACT, EXECUTE THESE ARTICLES OF INCORPORATION. IN WITNESS WHEREOF, THE UNDERSIGNED HEREBY VERIFIES, SUBJECT TO THE PENALTIES OF PERJURY, THAT THE STATEMENTS CONTAINED HEREIN ARE TRUE, THIS DAY May 1, 2020. SIGNATURE TITLE Julie K Nottingham Incorporator Business ID; 202005011389453 Filing No: 8590194 Pa oe I of 'i - DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF EXHIBIT INTERNAL REVENUE SERVICE a P. 0. BOX 2508 y CINCINNATI, OH 45201 Date: P •7 1 ( YOUTH INSPIRATIONS THEATRE INC CARMEL, IN 46033-0000 Dear Applicant: DEPARTMENT OF THE TREASURY Employer Identification Number: 85-0990199 DLN: 26053534002340 Contact Person: CUSTOMER SERVICE IDN 31954 Contact Telephone Number: 877) 829-5500 Accounting Period Ending: June 30 Public Charity Status: 509(a)(2) Form 990/990-EZ/990-N Required: Yes Effective Date of Exemption: May 1, 2020 Contribution Deductibility: Yes Addendum Applies: No We're pleased to tell you we determined you're exempt from federal income tax under Internal Revenue Code (IRC) Section 501(c)(3). Donors can deduct contributions they make to you under IRC Section 170. You're also qualified to receive tax deductible bequests, devises, transfers or gifts under Section 2055, 2106, or 2522. This letter could help resolve questions on your exempt status. Please keep it for your records. Organizations exempt under IRC Section 501(c)(3) are further classified as either public charities or private foundations. we determined you're a public charity under the IRC Section listed at the top of this letter. If we indicated at the top of this letter that you're required to file Form 990/-990-E-Z-(990-N, our -records show you're required to -file an annual - information return (Form 990 or Form 990-EZ) or electronic notice (Form 990-N, the e-Postcard). If you don't file a required return or notice for three consecutive years, your exempt status will be automatically revoked. If we indicated at the top of this letter that an addendum applies, the enclosed addendum is an integral part of this letter. For important information about your responsibilities as a tax-exempt organization, go to www.irs.gov/charities. Enter "4221-PC" in the search bar to view Publication 4221-PC, Compliance Guide for 501(c)(3) Public Charities, which describes your recordkeeping, reporting, and disclosure requirements. Letter 947 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF 2- YOUTH INSPIRATIONS THEATRE INO Sincerely, ele' 4VA4' Aotxv Director, Exempt Organizations Rulings and Agreements Letter 947 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF STATE OF INDIANA SS: COUNTY OF HAMILTON AFFIDAVIT I, I'l 12 r Wi no wh , an authorized representative of 0 gAl h C)I Y"Grantee"), being first duly sworn upon my oath, state that pursuant to paragraph 2 of the City of Carmel Arts Grant Program Agreement, all income of Grantee, including a City of Carmel arts grant, if applicable, revenue of sales, and/or ticket revenue, etc., in the previous year totaled $ W 5, 3 I •9 Jgb' K rj Si tune `, Printed Name ( I Q U I I (lam iY1 Subscribed and swom to before me, the undersigned Notary Public, this 30 day of N bvZrn)Q` , 2021. SEAL] MARIAH 0 THOMAS Notary Public - Seal Hamilton County - State of Indiana Commission Number NP0732132 My Commission Expires Mar 2, 2029 arr.ture - N6thry Public PrintedName_MaY1aja} h0lYhcl Resident of 4 M 1 \No h County, Indiana My Commission Expires: 3 - Z - ZoZ I DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF 3:19 PM Youth Inspirations Theatre Exhibit E-1 11122/21 Cash Basis Operating Statement YTD Comparison As of October 31, 2021 Oct 21 Jan - Oct 21 Income Fundraisers 5,912.00 Grants 9,404.50 Student Instruction Revenue 11,665.23 104,837.34 Total Income 11,665.23 120,153.84 Expense Auto Gas 74.00 516.17 Total Auto 74.00 516.17 Bank and Service Fees 0.74 99.02 Business Insurance 95.41 436.15 Computer Applications - Monthly 374.80 2,440.36 Concession Expense 1,195.37 2,524.41 Dues and Subscriptions 27.99 895.98 Facility Expense Rent Expense 4,672.50 34,507.63 Utilities 246.75 2,030.35 Total Facility Expense 4,919.25 36,537.98 Fundraising Expense 90.00 2,980.09 Janitorial 90.00 Marketing 160.36 2,701.24 Meals and Entertainment 388.75 1,923.65 Office Supplies 66.64 1,519.01 Postage & Delivery 48.44 Printing and Copy 957.63 1,878.68 Production Costs Production Equipment & Supplies 1,840.43 12,497.09 Production Permits and Licensin 900.00 Production Staff 550.00 Venue Rent Expense 500.00 3,605.74 Total Production Costs 2,340.43 17,552.83 Professional Fees Accounting Services 2,897.50 Total Professional Fees 2,897.50 Student Instructors 2,919.30 38,121.30 Studio Equipment & Supplies 3,104.60 Studio Maintenance and Repairs 19.43 276.50 Telephone 102.82 950.32 Total Expense 13,732.92 117,494.23 Page 1 of 2 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF 3:19 PM Youth Inspirations Theatre 11/22/21 Cash Basis Operating Statement YTD Comparison As of October 31, 2021 Exhibit E-1 Net Ordinary Income Other Income/Expense Other Income Interest Income Total Other Income Net Other Income Net Operating Income Oct 21 Jan - Oct 21 2,067.69) 2,659.61 0.05 0.68 0.05 0.68 0.05 0.68 2,067.64) 2,660.29 Page 2 of 2 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF 6:12 PM Youth Inspirations Theatre 01=21 Cash Basis Operating Statement Year -To -Date as of December 31, 2020 Income Fundraisers 4,645.86 Individual, Corporate Contribut 5,561.53 Student instruction Revenue 53,332.55 Total Income 63,539.94 Expense Auto Gas 46.89 Parking & Tolls 1.50 Total Auto 48.39 Bank and Service Fees 121.09 Business Insurance 277.00 Computer Applications - Monthly 3,088.51 Concession Expense 1,249.43 Dues and Subscriptions 164.97 Furniture and Fixtures 1,844.72 Janitorial 151.20 Marketing 5,206.61 Meals and Entertainment 1,949.59 Office Supplies 1,975.53 Printing and Copy 331.38 Production Costs Production Equipment & Supplies 12,487.93 Production Permits and Licensin 2,759.50 Rent Expense 2,545.16 Videography 750.00 Total Production Costs 18,542.59 Professional Fees Accounting Services 250.00 Legal Services 39.99 Total Professional Fees 289.99 Startup Expenses 11,443.55 Student Instructors 28,214.00 Student Rewards 105.95 Studio Equipment & Supplies 1,118.94 Studio Maintenance and Repairs 3,669.42 Telephone 1,199.06 Total Expense 80,991.92 Net Ordinary Income (17,451.98) Other Income/Expense Other Income Interest Income 0.13 Total Other Income 0.13 Net Other Income 0.13 Net Income (Loss) (17,451.85) Page 1 of 1 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF 3:19 PM Youth Inspirations Theatre iash BasisshB Operating Statement Projection ThroughCa December 31, 2021 Income Fundraisers Grants Student Instruction Revenue Total Income Expense Auto Gas Total Auto Bank and Service Fees Business Insurance Computer Applications - Monthly Concession Expense Dues and Subscriptions Facility Expense Rent Expense Utilities Total Facility Expense Fundraising Expense Janitorial Marketing Meals and Entertainment Office Supplies Postage & Delivery Printing and Copy Production Costs Production Equipment & Supplies Production Permits and Licensin Production Staff Venue Rent Expense Total Production Costs Professional Fees Accounting Services Total Professional Fees Student Instructors Studio Equipment & Supplies Studio Maintenance and Repairs Telephone Total Expense Net Ordinary Income Other Income/Expense Other Income Interest Income Total Other Income Net Other Income Net Operating Income (Deficit) Actual Annualized Oct 21 Jan - Oct 21 Thru December 21 5,912.00 5,912 9,404.50 9,405 11, 665.23 104, 837.34 125,805 11,665.23 120,153.84 141,122 74.00 516.17 619 74.00 516.17 619 0.74 99.02 119 95.41 436.15 523 374.80 2,440.36 2,928 1,195.37 2,524.41 3,029 27.99 895.98 1,075 4,672.50 34,507.63 43,853 246.75 2,030.35 2,436 4,919.25 36,537.98 46,289 90.00 2,980.09 3,576 90.00 90 160.36 2,701.24 3,241 388.75 1,923.65 2,308 66.64 1,519.01 1,823 48.44 58 957.63 1,878.68 2,254 1,840.43 12,497.09 14,997 900.00 1,080 550.00 660 500.00 3,605.74 4,327 2,340.43 17,552.83 21,063 2,897.50 3,648 2,897.50 3,648 2,919.30 38,121.30 45,746 3,104.60 3,726 19.43 276.50 332 102.82 950.32 1,140 13, 732.92 117,494.23 143,589 2,067.69) 2,659.61 2,467) 0.05 0.68 1 0.05 0.68 1 0.05 0.68 1 2,067.64) 2,466) 2,660.29 Page 7 of 1 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF Short Form I OMB No. 1545-0047 Form 990-EZ Return of Organization Exempt From Income Tax 020Undersection501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations) Do not enter social security numbers on this form, as it may be made public. ' ' Depadment of the Treasury $ - Internal Revenue Samoa Go to www,irs.gov/Form990EZ for instructions and the latest information. A For the 2020 calendar year, or It year beginning , 2020, and ending , 20 B check it applicable: C Name of organization - D Employer identification number Addresi Pharge Youth Inspirations Theatre 65-090199 Name change Number and street (or P.O. box if mail is not delivered to street address) Room/suite E Telephone numberE] I Initial return 9625 E. 150th St, Ste 105 Finalretum/terminatetl City or town, state or provinceAmendedreturn, c I Application Perrino Noblesville, IN 46060-5626 317-432-5042 F Group Exemption Number Q G Accounting Method: Cash Accrual Other (specify) H Check 21 if the organization is not I Website: YITINDY.org required to attach Schedule B J Tax-exempt status (check only one) — Q 601(,)(3) 501(c) ( ) -4 (insert no.) 4947(a)(1) or 0527 i (Form 990, 990-FZ, or 990-PF). K Form of organization: 0 Corporation Trust Association Other L Add lines 5b, 6c, and 7b to line 9 to determine gross receipts. If gross receipts are $200,000 or more, or if total assets Part 11, column (B)) are $500,000 or more, file Form 990 instead of Form 990=EZ . . . . . . . . . . . . $ 63,540 Revenue, Expenses, and Changes in Net Assets or Fund Balances (see the instructions for Part 1) El Check if the nrnani7AtiAn ucorl Crhor4, de n Tn reon..r.A i. ....,. ,., ,^^f; ...:., ar,;., o,.-a , I 1 Contributions, gifts, grants, and similar amounts received . . . . . , . . . 1 10,207 1771 2 Program service revenue including government fees and contracts . . . . . . 2 53,333 1771 3 Membership dues and assessments . . . . . . . . . . . . . . . 3 0 El 4 Investment income . . . . . . . . . . . . . . . 4 0 5a Gross amount from sale of assets other than inventory . . . 520 b Less: cost or other basis and sales expenses . . . . . . . . Sb 0 c Gain or (loss) from sale of assets other than inventory (subtract line 5b from line 5a) . . . . 5c 0 6 Gaming and fundraising events: a Gross income from gaming (attach Schedule G if greater than r 15-000) . . . . . . . . . . . 6a 0 b Gross income from fundraising events (not including $ 0 of contributions from fundraising events reported on line 1) (attach Schedule G if the sum of such gross income and contributions exceeds $15,000) . 6b 0 c Less: direct expenses from gaming and fundraising events 6c o d Net income or (loss) from gaming and fundraising events (add lines 6a and 610 and subtract line 6c) . . . . . . . . . . . . . . . . 7a Gross sales of inventory, less returns and allowances . . . . . 7a 1 0 b Less: cost of goods sold . . . . . . . . . . . . . 710 I 0 c Gross profit or (loss) from sales of inventory (subtract line 7b from line 7a) . . . . . . . 7c 0 8 Other revenue (describe in Schedule 0) . . . . . . . . . . . . . . . . . . . 8 0 9 Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 . 9 63,540 10 Grants and similar amounts paid (list in Schedule 0) . . . . . . . . . . . . . . 10 0 11 Benefits paid to or for members . . . . . . . . . . . . . . . . . . . . . 11 0 v 12 Salaries, other compensation, and employee benefits [3 . . . . . . . . . . 12 0 13 Professional fees and other payments to independent contractors E] . . . . . . . 13 29,504w x 14 Occupancy, rent, utilities, and maintenance . . . . . . . . . . . . 14 3,821 w 15 Printing, publications, postage, and shipping . . . . . . . . . . . . . . . . . 15 331 16 Other expenses (describe in Schedule O) Q . . . . . . . . . . . . . . . . 16 39,041 17 Total expenses. Add lines 10 through 16 1.17 71,697 of 18 Excess or (deficit) for the year (subtract line 17 from line 9) . . . . . . . . . . . 18 8,157 q19 Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with Q end -of -year figure reported on prior year's return) . . . . . . . . . . . . . . 19 0 20 Other changes in net assets or fund balances (explain In Schedule 0) . . . . 20 22,101 Z 21 Net assets or fund balances at end of year. Combine lines 18 through 20 21 1 13,944 r...,...., ncuu nvn M., rxuuue, see me separate mstrucvons• Cat. No. 106421 Form 990-EZ (2020) DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF YIT'%* YOUTH INSPIRATIONS THEATRE Board of Directors Julie Nottingham President Lisa Williams Secretary Beth Glynn Member Darrin Gowan Member Joanne Seaman Member Keith Smith Member Lisa Smith Member DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF 2021 Carmel Arts Grant November 1-6, 2021: Wizard of Oz Rent:$2100 Ticketing Expense (The Cat requires renters to do their own ticketing): $951.68 Black curtains expense (not provided by The Cat): $138.34 Total: $3190.02 December 12, 2021: Studio Recital Rent:$1000 Ticketing Expense: $369.60 Total: 1369.60 March 21-27, 2022: Mary Poppins Jr. Rent:$2100 May 14, 2022 Studio Recital Rent:$1000 November 14-20, 2022: TBA Rent:$2100 Overall Totals To Cat: 8,300 Other expenses for using The Cat to date: $1,459.62 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF