There weren't any opening board member comments during the board meeting. 

There weren't any opening public comments during the board meeting. 

E. Disney-Britton presented the Board Chair report: (1) IPS Superintendent search; (2) Mind Trust celebration dinner; (3) Committee goal refresher; (4) New policy folder on Board On Track for submission of committee policies; (5) Deadline for new board member and officer nominations is May 31st; and (6) The slate of proposed new/renewed officers will be reported at the June 18th board meeting elected in the July board meeting.

In addition to the attached Executive Director report, Amber Price will be promoted to Edison's Fine Arts Coordinator for the 2019-2020 school year. She will serve as the arts integration specialist by continuing the implementation of the Kennedy Center arts integration training throughout the school year. 

1. Short-term: (Membership) Recruit members that reflect an equitable balance, including racial, between school employees, parents and community members.
2. Midterm: (Reporting) Work with staff to develop a tool for reporting to the board on academic challenges and progress.
3. Longterm: (Arts Impact) Measure and share the impact of arts integration in student achievement.

Principal Berns presented the academic dashboard update covering: (1) Attendance; (2) iLearn Test; (3) Interim Assessments; (4) Suspensions; and hiring. See dashboard for more details. 

1. Short-term: (Giving) Ensure giving by 100% of the board of directors.
2. Midterm: (Membership) Recruit members that reflect an equitable balance, including racial, between school employees, parents and community members.
3. Longterm: (Plan) Guide staff in the development of a 12-month fundraising plan for the 2019-2020 school year, and build into it board approval for any and all requests targeting the general community.

Committee Chair Kay Feeney-Caito noted that while we have a goal of 100% giving by the board, that we have two board members who had not yet made a donation this school year. Also presented an update on plans to present a 2019-2020 Fundraising Plan for Board approval before moving forward to plans for fundraisers. That plan will include not only fundraising events but also grant-writing plans. 

1. Short-term: (Rentals) Advise staff in the development of procedures to ensure compliance with IPS requirements for the use and rental of leased facilities.
2. Midterm: (Policies) Recommend a set of policies to guide the management and use of grounds & facilities consistent with IPS Board Policy #7000.
3. Longterm: (Membership) Recruit members that reflect an equitable balance, including racial, between school employees, parents and community members.

1. Short-term: (Policies) Recommend “Grievance Policy” to provide staff with guidance on the development of an internal set of procedures consistent with IPS procedures.
2. Midterm: (Personnel) Review and make recommendations on the creation and final adoption of a new staff handbook and any associated contracts for leadership staff.
3. Longterm: (Membership) Ensure that the composition of the Board (1) reflects the demographics of the families served and (2) provides the particular talents needed to accomplish the strategic plan.

1. Short-term: (Audit) Achieve a clean audit for the first year of operations.
2. Midterm: (Policies) Develop a set of policies to guide Finances consistent with IPS Board Policy #6000.
3. Longterm: (Solvency) Ensure that the school has 365 days of unrestricted income

Treasurer Wallis gave an overview of the Financial Statements for the period ending April 30, 2019 for Edison School of the Arts, Inc. and we are on track to end the school year in the black.  The report called special attention to the $54,169 of refundable advances from the Walton Family Foundation fund; and noteworthy variances in Budget vs. Actuals in Title Funds, Charitable Contributions, Dues & Subscriptions; Substitute Teachers; and Other Benefits and Health Benefits (the latter requiring re-classes by accountants). 

CEO Tuttle began by presenting the process undertaken to create the 2020 Budget Draft. He reminded the board that the final budget for 2019-2020 will be voted on at the June meeting. Other noteworthy comments included that 99% of revenue is coming from Indianapolis Public School District including Title funds and locked position funding. Finally, this draft budget projects a net revenue of $127,000.