Friends of Arts & Humanities Inc dba Designing Women Boutique
1226 NORTH TAMIAMI TRAIL Suite 101
SARASOTA FL 34236-2461
Mission
The mission of Friends of Arts and Humanities, Inc. D/B/A Designing Women Boutique is to meaningfully grow funding for Sarasota’s Arts and Human Services.
Leadership
CEO/Executive Director No Executive Director
Board Chair Mrs. Ida Zito
Board Chair Affiliation Community Volunteer
General Info
Organization DBA
DBA
Designing Women Boutique
Tax Exempt Status Public Supported Charity
Incorporation Year 2002
State Charitable Solicitations Permit Yes Oct 2016
State Registration Yes Dec 2020
Financial Summary
 
 
Projected Revenue $664,240.00
Projected Expenses $659,771.00
IRS Letter of Determination
IRS Letter of DeterminationView
Impact Statement

Top 3 accomplishments from the last year:

1) Restructured and revamped the technological efficiency of the Boutique by the improved training of volunteers, redesigning the processing of consigned and donated merchandise and re-staging the presentation of goods.

2) Designed the annual Salon Series, lectures and presentation programs for the community, to offer a diversity of topics appealing to a larger community audience.

3) Since its founding, DWB has donated seed money over a period of years to the Asolo Repertory Theatre Endowment Fund.  Granting $400,000+ over time has contributed to the organization's financial stability, enabling them to secure additional major matching donations to grow their Endowment significantly, ahead of schedule in the past 3 years.  

Top 3 goals for the coming year:

1) Improve Board of Directors diversity and develop a dynamic and visionary strategic plan for the next three years.

2) Increase the amount of grants given to the arts and humanities organizations in the Sarasota County Community.

3) Create a development plan for the financial sustainability of DWB.

Needs Statement
1) Donor management software integrating multiple current databases for more efficient donor, volunteer, and supporter tracking and communication. Installation, customization, and first year subscription costs: $3000
2) Computer hardware replacement of outdated 6-8 year old CPUs used to track inventory and manage organization: $8000
3) Tablet iPads for offsite mobile inventorying of estates' merchandise and for sales transaction support at offsite events: $2,000
4)Pricing research subscription for art auctions: $500
Background Statement
The concept of Designing Women Boutique originated with Jean Weidner Goldstein (then Jean Weidner). As a young ballerina touring the world, she and her friends shopped at the high-end consignment stores in Paris, managing to look spectacularly stylish when they had very little money. Mrs. Goldstein and her close friend Margaret Wise had many informal discussions about the role that such a shop might play in Sarasota philanthropy.
In 2001, the Board of Directors for the Asolo Repertory Theatre traveled to the Philadelphia home of Diane and Bob Roskamp for the annual Board retreat. On September 11, Board members unable to fly back to Sarasota rented cars for the trip home. Much conversation ensued about the value of life, family and friends, and what could be done as a meaningful contribution to Sarasota.
It was decided to establish a consignment shop of higher end fashion, with profits going to Sarasota arts and human services non-profit organizations. By 2002 a location on Fruitville Road was found, and family and friends were tapped for the first inventory. Diane Roskamp, Jean Weidner Goldstein, and Margaret Wise spearheaded the efforts, and are still involved today as the Designing Women Founders. Senator Bob Johnson filed the original articles of incorporation, gave legal counsel, and served as President of the Board.
By 2004 the Fruitville Road space was outgrown, and a capital campaign ensued to purchase the first floor of the newly built Roskamp Center for Arts and Humanities, with the closing gift of $300,000 from Ron Taub and Marcia Jean Taub in memory of their wife and mother Ethel Taub. Improvements were made, and more space acquired with long-running support from Roskamp Management.
DWB grants annually to the Asolo Repertory Theatre and a wide range of annually selected arts and human services non-profits. Throughout the year DWB also re-donates merchandise which is outside its style guidelines to other charities.
As DWB grows to sustain its future, we will maximize technology and continue assessing space needs as we look to develop new streams of revenue that will increase the amount of grant money DWB distributes. 
Areas Served
Areas Served
Area
FL- Sarasota
Areas Served Comments Designing Women Boutique exists to serve the community of Sarasota County.  Arts and Human Services non-profit organizations registered within the county are eligible to be considered to receive DWB grants.
Service Categories
Primary Org Type Arts,Culture & Humanities
Secondary Org Type Public & Societal Benefit
Tertiary Org Type
Statement from the Board Chair/Board President
Statement from the CEO/Executive Director

While there are many non-profit organizations based in Sarasota, and a number of non-profit and for-profit consignment shops, Designing Women Boutique is unique in 3 distinct ways.

First, It is the only Sarasota non-profit consignment shop that issues grants to both arts and human services organizations. Many of our donors feel this enables them to give to a wide range of causes in numbers they otherwise couldn’t support. Second, we have guidelines for types and brands of goods we display and sell, mostly designer and couture brands of fashion and furniture, attracting a unique market of buyers, decorators, and collectors. Our showroom space becomes a destination experience, which enables staff and volunteers to deliver both our desired “white glove” shopping service and the opportunity to talk about the charities we support. Third, our three co-Founders, our Ambassadors, and volunteers have long-established and deep networks within the community, which enables us to tap into resources to “Get Things Done”, whether for the Shop, or for one of our many fundraising and “friend-raising” events. Given these distinctions, DWB has the same challenges and opportunities as all retail and resale organizations in the 21st century, with the disruption of “bricks and mortar” operations in the face of ecommerce. Capturing a balanced approach in our Boutique, Estates liquidation and downsizing services, and fundraising events will be reflected in our new three-year strategic plan and development efforts.

Programs
Description

Grants are awarded annually to non-profit arts and human services organizations registered in Sarasota County. Our granting program directly impacts the grantee organization’s abilities to provide their services to thousands of people annually. The grants generally fall into three categories:

· Foundational support fundamental to delivering the grantee mission

· Investments in tools for the future

· Support of existing and new program needs

The vision of Designing Women’s Boutique is to enrich the quality of life for Sarasota County’s residents and visitors alike through inspirational and educational programs generated by our arts and cultural institutions, and to support local health and human services organizations addressing the needs of our diverse population.  Grant applications are evaluated on artistic merit, community service involvement (including accessibility and diversity), administrative competence, and need.

Budget $100,000
Category Arts, Culture & Humanities, General/Other Arts, Culture & Humanities, General/Other
Program Linked to Organizational Strategy Yes
Population Served Adults Children and Youth (0 - 19 years) Elderly and/or Disabled
Short Term Success To award a minimum of $100,000 in grants for the Designing Women Boutique's 2016 fiscal year.
Long Term Success For foundational support, grant contributions are made to help sustain and grow endowment funds, i.e. for the Asolo Repertory Theatre, which over the past 14 years of giving helped the organization attract major donor matching funds.  For tools for the future, grants enable robust educational tools, as in the case of the Child Protection Center iPad Project for their Personal Safety and Community Awareness Program.  Existing and new program support enables organizations to sustain activities, such as summertime programming for the Westcoast Black Theatre Troupe, and school children transportation to Sarasota Ballet performances. For calendar year 2015,  DWB awarded 9 Sarasota non-profits a total of $60,000 in grants, given in April, 2016.
Program Success Monitoring Each grantee is required to report on program progress with a final report 45 days after completion.  DWB personnel traditionally also conduct grantee site visits during the course of the year.  Each program carries different tracking tools, i.e. attendance numbers, incident reduction rates, number of students pursuing higher education in the discipline, attraction of new and expanded patron bases.
Program Success Examples Since 2002, Designing Women Boutique has given over $1.75M to over 70 charities in Sarasota County.
Description Every year, Designing Women plans and produces a series of six luncheon lectures, inviting local, accomplished people of the community to speak about their work and passions.  The lectures are held at the Center for the Arts and Humanities, with audiences of about 60 people each, and are accompanied by deli lunches and a style show of coordinated outfits from our Boutique, modeled by volunteers.  These programs attract long-time and new shoppers and supporters to our Boutique, while also sharing with them the knowledge and passions of our speakers, who have included Anu Tali, Sarasota Orchestra Artistic Director; Ron McCarty, Curator and Keeper of the Ca' d' Zan; Denise Cotler, Development Director of All Faiths Food Bank; and Judge Lee H. Haworth of the 13th District Court.
Budget $3,000
Category Public, Society Benefit, General/Other Citizen Participation Programs
Program Linked to Organizational Strategy Yes
Population Served Adults Aging, Elderly, Senior Citizens
Short Term Success We have seen increased community engagement in the causes and issues covered by our speakers.  For instance, when Denise Cotler of All Faiths Food Bank gave a lecture titled "The Hub of Hunger" and spoke of 50% of our local school children going hungry in the summertime, the audience was highly moved and contributed 3x the expected volume of canned and boxed food for a "pop-up" food drive accompanying the lecture, which had been advertised via DWB social media ahead of time.
Long Term Success Awareness of the causes and organizations DWB supports can drive direct increased, or new, engagement with the arts or human services organizations we give grants to.  We also see an increased volume of sales within the Boutique on Salon days, along with new volunteers becoming meaningfully engaged.  
Program Success Monitoring With new donor software from our needs list, we will be able to capture post-event feedback data via surveys.
Program Success Examples We have had residents of our CCRC neighbor, the Sarasota Bay Club, attend and enjoy the Salon Series, then promote the idea of DWB mounting Style Shows on their site, which are now highly attended by female residents.  Along with the style shows, a brief presentation is given about the DWB non-profit grant program, and other services we offer.  Over time we have built a strong relationship with the people of SBC, not only for learning, entertainment, and engagement of the residents as shoppers and volunteers, but also as consignors and for estate liquidations.  As trust is built, they look to us as a recycling resource for liquidating valued possessions combined with a conduit to support the arts and human services causes they care about.
CEO/Executive Director
CEO/Executive Director No Executive Director
CEO Term Start 0
CEO/Executive Director Email n/a
Experience


Former CEOs/Executive Directors
NameTerm
Pamela Day Apr 2006 - Jan 2015
Senior Staff
NameTitle
Marisa Fowler Volunteer Coordinator & Executive Assistant
Nancy Johnson
Staff & Volunteer Statistics
Full Time Staff 2
Part Time Staff 1
Staff Retention Rate % 100
Professional Development No
Contractors 2
Volunteers 60
Management Reports to Board Yes
CEO/Executive Director Formal Evaluation N/A
Senior Management Formal Evaluation Yes
Non-Management Formal Evaluation No
Collaborations
New College of Florida - internships.
Selah Freedom - An Evening with Elizabeth Smart lecture
Ringling College of Art and Design - Graphic Design Senior Project Photo Shoot
 
Affiliations
AffiliationYear
National Association of Resale Professionals (NARTS)
External Assessments and Accreditations
Assessment/AccreditationYear
Risk Management Provisions
Government Licenses
Organization Licensed by the Government No
Plans
Fundraising Plan Under Development
Communication Plan No
Strategic Plan Under Development
Strategic Plan Years
Strategic Plan Adopted 0
Management Succession Plan No
Continuity of Operations Plan No
Policies
Nondiscrimination Policy Under Development
Whistle Blower Policy No
Document Destruction Policy No
Directors and Officers Insurance Policy Yes
Policies and Procedures No
Comments
Management Comments by Organization To meet 21st century challenges of our non-profit, we are planning to update the business model used by DWB. With the current combination in Sarasota of demographics and economic expansion reflected in the growth of residential and commercial building projects, there is much opportunity to expand and capture new streams of revenue, while improving community outreach. 
Multi-Media Comments by Organization
Designing Women Boutique originated as a response to our nation's tragedy of 9/11.  Hear co-Founder and Philanthropist Jean Weidner Goldstein tell the organization's story and describe what we do today.
 
Board Chair
Board Chair Mrs. Ida Zito
Company Affiliation Community Volunteer
Board Term Jan 2015 to Dec 2016
Board Chair Email idazito26@gmail.com
Board Members
Board Members
NameAffiliation
Dennis Campagnone Merrill Lynch Financial Advisors
Barbara Epperson Community Volunteer
Rita Greenbaum Philanthropist
Mitchell Helton Northern Trust Company
Susan Jackewicz Designing Women Boutique
Patricia Johnson Community Volunteer
Barbara Jones Kerkering Barberio
Cheryl MacLauchlan Retired
Susan McGuire BMO Private Bank
Carolyn Michel Asolo Repertory Theatre; Florida Studio Theatre
David Payne Esq.The Payne Law Group
Lynn Robbins Coldwell Banker
Mary Ann Robinson Community Volunteer
Judith Skornicka Schwartzbaum Morgan Stanley
Beth Waskom Esq.Muirhead, Gaylor, Steves & Waskom PA
Joan H. Wood Retired
Janice Zarro Retired
Ida Zito Community Volunteer
Constituency Includes Client Representation Yes
Board Ethnicity
African American/Black 0
Asian American/Pacific Islander 0
Caucasian 18
Hispanic/Latino 0
Native American/American Indian 0
Other 0 0
Board Gender
Male 3
Female 15
Unspecified 0
Governance
Board Term Lengths 2
Board Term Limits 99
Board Orientation Yes
Number of Full Board Meetings Annually 12
Board Meeting Attendance % 60
Board Self-Evaluation No
Written Board Selection Criteria No
Board Conflict of Interest Policy Yes
% of Board Making Monetary Contributions 81
% of Board Making In-Kind Contributions 33
Standing Committees
Nominating
Finance
Marketing
Program / Program Planning
Executive
Fiscal Year Projections
Fiscal Year Begins 2016
Fiscal Year Ends 2016
Projected Revenue $664,240.00
Projected Expenses $659,771.00
Organization has Endowment No
Endowment Spending Policy N/A
Capital Campaign
Currently In a Capital Campaign No
Campaign Purpose
Campaign Goal
Campaign Dates 0 to 0
Amount Raised To Date 0 as of 0
IRS Form 990s
9902014
9902013
9902012
Audit/Financial Documents
Historical Financial Review
Expense Allocation
Fiscal Year201520142013
Program Expense$603,798$631,986$491,660
Administration Expense$47,117$52,363$4,250
Fundraising Expense$64,299$80,631$4,775
Payments to Affiliates$0$0--
Total Revenue/Total Expenses1.021.000.79
Program Expense/Total Expenses84%83%98%
Fundraising Expense/Contributed Revenue27%24%4%
Assets and Liabilities
Fiscal Year201520142013
Total Assets$854,839$773,776$775,949
Current Assets$182,427$71,985$29,864
Long-Term Liabilities$0$0$11,000
Current Liabilities$78,738$14,938$102,511
Total Net Assets$776,101$758,838$662,438
Top Funding Sources
Fiscal Year201520142013
Top Funding Source & Dollar AmountConsignment Sales $344,343Store Revenue $425,465 --
Second Highest Funding Source & Dollar AmountFundraising $161,987Fundraising $205,344 --
Third Highest Funding Source & Dollar AmountDonated Items $89,810Contributions, gifts, grants $137,644 --
CEO/Executive Director Compensation
Tax Credits No
Solvency
Short Term Solvency
Fiscal Year201520142013
Current Ratio: Current Assets/Current Liabilities2.324.820.29
Long Term Solvency
Fiscal Year201520142013
Long-Term Liabilities/Total Assets0%0%1%
Financials Comments
Financial Comments by Organization In the past 12 months the DWB Board of Trustees has undertaken a restructuring of operations to bring financial stability to the organization. Financial trends have been positive, ahead of budget with double digit increases in Boutique sales against LY.  The organization undertook a space consolidation in April, 2016, and is considering expansion strategies for further growth of the Estates business.  The current 2016 operating budget reflects space consolidations ahead of expansion, and a $100,000 goal in grant awards.  It will be adjusted in keeping with our Strategic Plan completion, expected Fall 2016.  The 2015 year-end grant award process has been completed, with $60,000 in grants being awarded in April, 2016. 
Financial Comments by Foundation Financial figures were taken from compilations and reflect gross consignment purchases as revenue.  Consignment payouts are included as program expense.
Nonprofit Friends of Arts & Humanities Inc dba Designing Women Boutique
Address 1226 NORTH TAMIAMI TRAIL Suite 101
SARASOTA, FL 2461
Phone 941 366-5293

THE COMMUNITY FOUNDATION OF SARASOTA COUNTY, INC. IS A REGISTERED 501(C)(3) NON-PROFIT CORPORATION. A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE WITHIN THE STATE (1-800-HELP-FLA) OR FROM THE WEBSITE: WWW.FRESHFROMFLORIDA.COM. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL, OR RECOMMENDATION BY THE STATE. ONE HUNDRED PERCENT (100%) OF EACH CONTRIBUTION IS RECEIVED BY THE COMMUNITY FOUNDATION OF SARASOTA COUNTY. REGISTRATION #SC-02471.