Director's update to the Generator makerspace board of directors, Burlington, Vermont.

1. GENERATOR INC | BOARD MEETING, January 19, 2016
DIRECTOR’S UPDATE
Generator Board Meeting
January 19, 2016

2. GENERATOR INC | BOARD MEETING, January 19, 2016
Cash on hand, January 18, 2016
$69,217
Income-Expense, December 2015
$19,405 / $21,659
Income-Expense, November 2015
$73,845 / $22,754
Income-Expense, October 2015
$15,532 / $26,209

3. GENERATOR INC | BOARD MEETING, January 19, 2016
Cashflow - August 2014 to June 30 2015
0
40000
80000
120000
160000
Aug Oct Dec Feb Apr June August October December
Income Expense Balance

4. GENERATOR INC | BOARD MEETING, January 19, 2016
Q3 (Start) Budget Summary
• $63,218 in hand July 1, 2015
• $210,431 Total Income
• $215,809 Total Expense
• Net revenue -$5,378
Cash on hand, January 18, 2016
$69,217
Discrepancy Q3*
+ $11,377

5. GENERATOR INC | BOARD MEETING, January 19, 2016
Fundraising Snapshot

6. GENERATOR INC | BOARD MEETING, January 19, 2016
Fundraising to Date
• Outstanding commitments, 2015-2016
~ $32,500
• Outstanding requests, 2015-2016
~ $69,000
• Requests to go out in 2015
~ $180,000-430,000

7. GENERATOR INC | BOARD MEETING, January 19, 2016
Outstanding Commitments
• Evslin, $16,000 CCV, VTTech gift
• Bay Paul, $8,000 grant
• Champlain College, $6,000
• UVM BioFabLab, $2,500
TOTAL: $32,500

8. GENERATOR INC | BOARD MEETING, January 19, 2016
Outstanding Requests
• BGS, $40,000 grant*
• Vermont Community Foundation, $20,000
• Northfield Savings Bank, $4,500
• Merchants Bank, $4,500
TOTAL: $69,000

9. GENERATOR INC | BOARD MEETING, January 19, 2016
Remaining Requests FY16
• Argosy Foundation, $50,000
• ArtsPlace, $300,000*
• Bank of America, $30,000
• USDA, $50,000
• Kauffman, $50,00
TOTAL: $180,000-430,000

10. GENERATOR INC | BOARD MEETING, January 19, 2016
Total
• Known fundraising
~ $122,500
• Potential fundraising
~ $180,000-430,000
Total FY16
~$302,500-552,500

11. GENERATOR INC | BOARD MEETING, January 19, 2016
ACTIVITY UPDATE

12. GENERATOR INC | BOARD MEETING, January 19, 2016
Program, Activity Report
• Events: Position has been closed, good transition
• Education: new committee, strong results,
expanded thinking around programming
• Operations: intern, certifications being streamlined,
digital readouts, new tool request
• Membership: 185 members, strong volunteer
base. Support for new rates; add keys?
• Outreach: Good drumbeat of updates - email,
social. New video project, new retail “events”
focus
• Admin: Strong transition from Lasher to Grenn,
beginning of final push to solid books, controls

13. GENERATOR INC | BOARD MEETING, January 19, 2016
Upcoming activities
• BIG Maker 1/21- Games as art
• Education field trip, Lemelson-MIT 2/25
• BIG Maker 3/5 - Prosthetics
• Pitch It, Fab It! 3/29
• BIG Maker 4/21 - Maker classroom

14. GENERATOR INC | BOARD MEETING, January 19, 2016
THANK YOU