April 2016 - Board Meeting

Financial update (Bailey)

  • Memberships down

    • $108 under break-even by members with utilities ($60/month on average)

    • Churn mostly due to understandable reasons- adding as well

    • We were in the black for quite a while

    • What can we done to add further?

  • Raised money from Arduino class

  • Pop fund essentially untouched

Landlord relations

  • STILL sneaking checks into drop box in the locked tenant entryway

Possible partnership with Gravitate (Tim)

  • Gravitate may be moving to 515 28th St.

    • ~12k sq ft, Gravitate does not need all of it

    • Possible to share some common areas

Plan out fundraising

  • Crowd funding campaign

    • Goal is $1.5m for tools, building, etc.

    • Laser-cut coasters, etc.

    • Help creating prizes and giveaways for the campaign

    • Coordinate with event at Twisted Vine

    • Use GoFundMe - they take credit card fees for all amounts and 3% if goal is met

  • Grants

    • Raise money prior to requesting grants to demonstrate viability

  • Fundraising events

    • Beer / Art event with Twisted Vine - June 21 (Tuesday)

      • “Art with a Twist”

      • Need logo that can be screened with one color

      • $15-$25/person for custom glass, 1 beer and food

      • $1000 for 500 glasses - need 6 weeks

      • Set up on Eventbrite, Beer Week, etc. for advance sales

      • Need volunteer coordinator for the overall event

        • People (10) to serve beer, bus tables, front table etc. (Tom)

  • Tim to host technical training events?

    • Gravitate or WDM Incubator - i.e. “Test driven development” focused on professional development training

Membership drive

  • Sent copy for flyers to Andy, waiting on design work

  • Could mine existing list but limited upside

  • Need items that can be made relatively inexpensively

    • Ray thinking a word clock

  • Events

    • Other people have offered to run kid-targeted events!

      • Tim knows someone who puts on events

      • Have a kit that the kids assemble

    • Offer $5 discount on all classes as membership benefit

    • Kid events haven’t led to conversion but they do keep their kids in line

    • Possibility of becoming involved with SCI Mixology Event

  • Member Meeting - April 28

    • Try and get people there

  • Vote supporting to full members (if applicable)

  • Short financial update/membership

  • Garage build out status

  • Discuss fundraising plans

    • Crowd funding drive

    • Art/Beer Week event at local brewery

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