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Richard reviewed the financial statements using the Approval of Financial Statements i. overhead projector as a visual aid. We had about 60% more revenue from paintings this year compared to last. Expenses exceeded revenues by $1947 for the year. Some of this loss will disappear as income from this financial year comes in at a later date. (i.e. Website fees). The costs related to changing our club name have not been analyzed, but do not represent a large sum. As workshops were losing money, the fees were increased twice over the course of the year to $65. The budget and the actual income/expenditures correlated well. We have total assets of approx $51,000. Larry reassured the members that our books are in good shape. Larry explained the Kay Cole bequest and the Binky Cannon bequest for workshops. We have investments of approx $20,000. There were no questions for Richard regarding the budget. The reports are attached along with these minutes in the minutes binder. Publicity Gord Davis i. Gord suggested that increased membership and increased sales indicate that publicity is working for us. Gord thanked Jennifer Tunner and Florence Allardice for their help in increasing contacts for publicity purposes. Gordon has had trouble getting announcements put into many of the larger papers. He has had success with the NS Outlook and the NS News however as they are more interested in local news. The NS news will be coming to the Ferry Building reception. ii. Helen Ott was presented with an honorable mention from the past jurying. m. Gary Eder has room in his gallery for more artists. Contact him if you would like your paintings shown. iv. Gordon announced other artists' shows upcoming this summer and fall. Details in the newsletter. v. Barry Chadwick was congratulated for being a finalist in the International Artist June/July issue. vi. Gordon introduced Alfonso Tejada to describe his plein air course that he is offering. He is offering workshop sessions in July and August on Saturdays (20 hours in total) including thawing and sketching for outdoor painting. He encouraged members to see him during break to learn more about the course. He will be doing a demonstration at the HAF as well. Other members announced their shows and classes (4 day watercolour workshop by Bob vii. Rennie at Cap College this summer). Vice-President Edith Warner Edith thanked all those who have helped her this past year. Classified ads were added to the newsletter. Email submissions were also started for the jurying process. 109 members receive their newsletters via email. This saves postage and paper. Ballots from People's Choice votes have been input into our contact list. The library was also revamped this year and Edith thanked Lorraine Elkins and her team. Education Jacquie Manning Edith read Jacquie's summary of this year's demonstrators. For future reference, this list is also included in the minutes binder. Jacquie enjoyed her year and looks forward to another exciting year of demos next year. Edith encouraged members to suggest demo artists to Jacquie and she is always open to new ideas. Membership and Roster Anne McMahon Anne thanked everyone for renewing his or her memberships. Receipts are at the back. There i. are three new members tonight. There are officially 72 members present tonight. ii. 95 paid up active members and 13 supporting members. 9 life and honorary members. Unpaid list of 82- although Anne feels this number changed tonight. Changes to membership chairman's job include self-changing personal information on the iii. website. Attendance can be kept track of on the web site, along with other functions that used to be manually done. Anne thanked Edith, Lucy, et al for all their help with her job. Past-President Lorne Topham Lorne represented our guild at the Cultural Strategy meetings regarding the West Vancouver Argyle Precinct. He outlined the workshops he attended. Meetings took place at least once a month at City Hall. Ferry building and Silk Purse need to be expanded to provide workshop space, studio space, gallery space, but to keep the small cottage building feeling (22,000 square feet in total in all buildings). Phase One will take place in the 1500 block of Argyle and Phase Two will include the 1400 block Eventually our workshops will be held on the Waterfront, according to this plan. The final concept will be presented to council in July and this information will be available in the library. President Larry Achtemichuk Larry felt that last year was the year where we tested the theory that if more people are invited i. to shows, we will have more success all round. Increased sales and increased visitors have been a large step forward. People's choice award was successful in helping people to pay more attention to -