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As ACA prepares to enter its first year of arts programming and fundraising activity, exciting preliminary efforts have already been put into motion.
Nonprofit Corporate Status Obtained
In October, 2005, ACA formally became a California nonprofit corporation thanks to the pro bono legal services of Ara Babaian, an attorney with the Beverly Hills firm of Ervin, Cohen & Jessup.
Capital Campaign Preparations Underway
In order to furnish the project with the necessary operational budget, an elegant benefit reception was graciously hosted recently by Alfred and Sabine Eisaian at their home. Over 50 core supporters turned out for the catered affair and contributed start-up funds that exceeded the goal set for the evening.
As the focus turns to a new level of fundraising – and, indeed, the launching of the project’s Capital Campaign – the ACA Board is pursuing the completion of a Business Plan that fully addresses the fiscal challenges posed by such a large-scale project. Indeed, the Board has commissioned a study of arts complexes that can serve as comparative models for ACA. Several institutions of note in Los Angeles, such as the Japanese American Cultural and Community Center, are being studied, although Watertown, Massachusetts has offered one of the best examples in the form of the Arsenal Center for the Arts, which is home to the Mosesian Theater.
The Board has also been in extensive contact with a number of experts in fundraising in order to develop and implement a well-planned and, ultimately successful, Capital Campaign.
Potential Building Site Assessed
The Board has also begun the task of scouting possible sites for the ACA complex. Upon learning that a public building in the City of Glendale would be seeking bids by potential occupiers, including nonprofit organizations, six members of the Board – including architect Tamar Abkarian – made site visits on two separate occasions, touring the property with Mr. Alex Hamilton, a senior project manager with the Glendale Redevelopment Agency.
While the building’s location and size were among its attractive features, the site ultimately could not meet the needs of the ACA complex, due to structural issues, design constraints, and prohibitively limited parking.
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