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HomeMy WebLinkAboutOlympic Culinary Loop 2nd.pktEXHIBIT C 2nd QUARTER REPORT Organization: Olympic Culinary Loop Contact person: Steve Shively, Marketing Director Mailing Address: 2023 E. Sims Way, Unit 308, Port Townsend, WA 98368 Phone Number/Email: 360.440.7006 / steve@OlympicCulinaryLoop.com 1. LTAC Funds received from the County 2nd QTR: Due by July 31st to afmcknight@co.jefferson.wa.us ORGANIZATION Total Amount Awarded by JeffCo Total Received From JeffCo Overspent (+) Underspent (-) of LTAC funds Refund Required TOTAL 1st QTR LTAC FUNDS SPENT TOTAL 2nd QTR LTAC FUNDS SPENT OCL 17,500 6,753.17 0 N/A 0 6,753.17 2. LTAC funds spent by your organization 2nd QTR (include 200 word limit regarding activities and funds spent with an itemized statement and supporting documentation ie: invoices paid, receipts from payment,): OCL Inv. # Date Amt. Purpose 2025-01 6/6/2025 6,753.17 Certified Folder fulfillment / distribution 3. LTAC funds balance remaining 2nd QTR: $10,746.83 4. Please attach your organization’s report for all revenue, marketing, services, programs and activities for this quarter of April through June (2nd) quarter. • OCL continues to market and support management of culinary and agritourism festivals around the LOOP. Including culinary lavender chef recipes for Sequim Lavender Fest, the restoration of the Wednesday Farmers Market in Port Townsend, and successful organizational and operational assistance with the Brinnon ShrimpFest and Seafood Extravaganza. • Work continues on a fall Eat Local campaign • The Federal impacts continue to impact international travel. Domestic travel is also impacted by eroding consumer confidence, due in a large part to tariffs and the impact being seen by lower traveler volumes. This report and any attachments may be subject to disclosure as a public record under the Public Records Act, RCW Chapter 42.56. A minimum of six years, you must maintain documented proof of payments made, contracts executed and other expenditures authorized under your Agreement with Jefferson County. Upon reasonable notice, you must be able to provide access to County or State representatives to audit those records. Olympic Culinary Loop 4/6 Statement of Activity January - August, 2025 Total REVENUE Direct Support Partners City of Ocean Shores 2,000.00 Jefferson County TCC 6,753.17 Olympic Peninsula Visitors Bure 7,000.00 Total Partners 15,753.17 Total Direct Support 15,753.17 Membership Dues Associate 525.00 Corporate 1,365.00 Industry 2,409.00 Total Membership Dues 4,299.00 Total Revenue 20,052.17 GROSS PROFIT 20,052.17 EXPENDITURES Membership Director Admin/Office/Postage/Misc 649.86 Advertising/Promotional 6,796.91 Contracted Services 13,480.00 Lodging 463.68 Marketing - MD 104.56 Meals 67.32 Meetings 731.43 Mileage 311.99 Total Membership Director 22,605.75 Professional Services Bookkeeping 3,057.00 Stripe Processing Fees 148.89 Total Expenditures 25,811.64 NET OPERATING REVENUE -5,759.47 NET REVENUE $ -5,759.47