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DocuSign Envelope ID: E1F4DFC6-A621-4843-BOOA-21CDCOEC17C7 <br /> During FY19-20, will No <br /> your organization <br /> receive operational <br /> support funding from <br /> the North Carolina <br /> Arts Council or the <br /> North Carolina <br /> Department of <br /> Natural and Cultural <br /> Resources? <br /> Organization's EIN 566001393 <br /> Organization Ackland.org <br /> Website <br /> Authorizing Official's Katie Ziglar <br /> Name <br /> Authorizing Official's Director, Ackland Art Museum <br /> Title <br /> Authorizing Official's (919) 962-3032 <br /> Phone <br /> Authorizing Official's katie.ziglar@unc.edu <br /> Email <br /> Applicant Race White <br /> Financial Overview <br /> 72b14e73-d5bd-4b20-b90c-3a1 el43d6dac.xlsx <br /> Organizational Financial Statements <br /> Ackland_Art_Museum_FY18_Financial_Report.pdf <br /> Ackland_Art_Museum_FY19_Operating_Budget.pdf <br /> Ackland_Art_Museum_FY20_Operating_Budget.pdf <br /> Deficit/Surplus The Ackland Art Museum considers it good financial practice to carry <br /> over cash reserves from one fiscal year to the next. In this way, we <br /> ensure that we are prepared to meet our commitments in such <br /> situations as delays in receiving investment income payments, <br /> reductions in state funding, and market downturns that affect <br /> endowment performance or donation revenue. Also, our cash <br /> reserves include funds that are earmarked for specific purposes; <br /> such funds sometimes accumulate until we have staff capacity to <br /> manage such programs. <br /> PROJECT/PROGRAMTell us about your project or program <br /> INFORMATION <br />