LT2025-017 KITTITAS COUNTY HISTORICAL SOCIETY INC CLTAC

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Response 8.3: What changes will be made if funding for your request is not available or recommended?* Matching Funds Percentage 9| Project Budget Overview Please complete budget for this project/proposal. If your agency operates independently of this project application it may not be necessary to submit the entire agency budget. You must submit a budget which specifically pertains to the project/event for which you are requesting funding and adheres to the basic budget format shown below. The budget must include anticipated revenues, expenditures, and any potential profit or loss. For projects/events which are ongoing for more than one (1) year, please also submit actuals from the previous three (3) years of operations (need not be consecutive) for the project/proposal if applicable. For any claimed in-kind contributions valued at $500 or more and related to marketing/advertising, you must submit verifying documentation which assures the contribution will be provided. For instance, if you are claiming in-kind contributions in the form of advertising match, a binding contract itemizing the matching value and obligating each party must be provided. ATTENTION: In an effort to allow an adequate level of flexibility for all applicants, not all fields in the budget portion are required to be filled before this form is submitted. Providing all applicable data is your responsibility, failure to do so will potentially jeopardize your application's chance for review. Budget Year Edit if necessary Revenues Account Name Past Actual 3 Past Actual 2 Past Actual 1 Projected The Kittitas County Historical Museum currently receives no monetary support for advertising beyond the allocated amount through the museum’s annual budget and what is awarded through the Lodging Tax Grant process. The Museum’s Board of Directors has dedicated an annual stipend to match the Lodging Tax grant fund request through its annual budget. The Museum increased budget line from $2,500 to $5,000 in 2023 and will retain it in 2024. While we have applied for and been awarded grant funding for capital improvement, the funding received was dedicated for that project and not for advertising. We are applying for additional capital improvement project funding through local, regional, and national grants to begin the second phase of renovation work, in addition to grants specific to museum collections storage, archives maintenance, collections care, and historic preservation. Additionally, we have applied for the Humanities Washington Speakers Bureau for our evening lecture series programming, which if approved, will provide a stipend for speaker fees while the museum will be responsible for travel expenses. However, that funding is specific for programming and cannot support other uses. We are also looking for additional grant opportunities to support additional development of our programming and events. We ask for support from the Lodging Tax Grant to help accommodate all of the new ideas we would like to use to achieve success. If not funded, we would adjust our plans to reflect the decreased budget. While the Museum is utilizing its Operating Budget for support, it does forecast a major operating deficit of over $50,000 with support to be given by the Kittitas County Historical Society Foundation. It is uncertain at this time if that support will be lent to advertising as it will be primarily to the general operations, programming and capital improvements. 2500 character limit. 901.16 This field will auto fill with the correct percentage based on your input to budget section below. 2022 2023 2024 2025 LTAC Grant Funding 6,250.00$15,000.00$15,000.00$17,200.00$ Other Revenues KCHS Advertising Fund 6346.51$5000.00$5000.00$5000.00$