City of Columbia, Missouri

Meeting Minutes

Columbia Arts Fund Advisory Committee

City Hall

Room 1C

Wednesday, April 10, 2024

Regular

2:00 PM

701 E Broadway

I. CALL TO ORDER

Chair Melton called the meeting to order at 2:00 p.m.

Staff Present: Sarah Dresser and Andrea Jira.

5 - James Melton, Sarah Dresser, David Spear, Diana Moxon and Kathleen Murphy

Present:

II. INTRODUCTIONS

No introductions were made.

III. APPROVAL OF AGENDA

Motion to approve the minutes made by Murphy, seconded by Moxon; motion

carried.

IV. APPROVAL OF MINUTES

Motion to approve the minutes from April 4, 2023 made by Murphy, seconded by

Moxon; motion carried.

Minutes from April 4, 2023

Attachments: 4.4.23 Draft Minutes

V. OLD BUSINESS

VI. NEW BUSINESS

None.

Recommendation of funding distribution for FY25

Discussion of the process of making the annual distribution recommendation. Dresser

consulted with the Community Foundation on the total the fund would be able to allocate

this calendar year, with the maximum being $16,856. This number it based on the

interest income from the previous calendar year. Our current balance in the fund as of the

meeting date is $355,207.54.

Discussion regarding how the funding process will work if additional funds are provided by

City Council.

A motion was made by to distribute $16,500 from the Columbia Arts Fund for 2024

made by Moxon, seconded by Murphy; motion carried.

Fundraising plans

The Committee discussed fundraising activities throughout the year which includes the

Celebration of the Arts and CoMoGives. Last year the Celebration netted a little over

$15,000 and CoMoGives around $2100. Dresser mentioned that pre-Covid, the committee

had discussed ideas for a larger endowment campaign, but since the pandemic has held

back on initiating such a campaign as many local organizations are trying to raise and

maintain their own funds to continue to operate. The committee discussed that it still

does not feel like the time to begin such a campaign, and focusing on the annual

activities with the Celebration and CoMoGives is suitable for the moment. If the Office of

Cultural Affairs has increased core funding in its City budget in future years, the

committee may look at different strategies for both raising funds as well as making

distributions from CAF.

Dresser also stated that since the Community Foundation of Central Missouri has a new

Executive Director, she plans to meet with him to get him up to speed as well as ask if

he has any insights for growth of the fund. Murphy mentioned that estate giving could be

an untapped resource. The committee also suggested that inviting the new executive

director to a future meeting would be beneficial.

VII. REPORTS

None.

VIII. GENERAL COMMENTS BY PUBLIC, MEMBERS AND STAFF

None.

IX. NEXT MEETING DATE

Next meeting will be a this time next year, unless needed otherwise.

X. ADJOURNMENT

Motion to adjourn at 2:35 p.m. made by Murphy, seconded by Moxon; motion

carried.