Operating Support
ACHF Arts Access
The Paradise Center for the Arts is a regional tourist destination and economic driver for the downtown district of the city of Faribault. The executive director will continue to be an instrumental leader in the Main Street Program, creating strategic partnerships and opportunities with downtown retailers and restaurants to drive sales and traffic. Secure print, radio, and niche publication partnerships to increase visibility and awareness of the center throughout the region. Paradise Center's Arts Festival used a stickering system to account for the number of attendees and also random zip code interviews to find that the attendees were from a wide range from the south metro all the way to Iowa and Wisconsin. We maintain our membership data base weekly and report back to our membership committee and board monthly on changes in our data base, noting that 20% of current members are not from our 55021 zip code. Local retailer and restaurant sales and traffic is tracked over the course of months to show the impact the Paradise Center's activities, including the new music series, are having on downtown businesses. 2: The Paradise Center for the Arts will run a fiscally responsible, stable, cash flowing business. Budget expectations set by the board will be met. Unpaid bills will not reach the 60 day column. Timely payments will continue to be made. Maintain an 85% membership retention rate. New membership revenue will rise more than 5% annually and donation revenue will maintain a +/- 10% retention rate from previous year. Our Finance Committee is meeting monthly prior to every board meeting to ensure all reporting is done accurately as well as serve as a checks and balance system to our paid staff.
Our Membership continues to grow, and currently 20% of total membership lives outside the 55021 zip code. Also Paradise Center brought in over 5,000 people to our downtown through the summer Arts Festival. The executive director continues to be an instrumental leader in the Main Street Program, and has created strategic partnerships with downtown retailers and restaurants including a new music series, and new visual arts gallery. He also is a strong leader in Faribault's Tourism department, working closely to bring in group travel and tours as well as individual staycation packages. 2: We have consistently maintained a positive cash flow in our checking and savings accounts. We have paid all vendors within 30-45 days. Our membership has increased.
Other
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