Capital Campaign

OVERVIEW OF THE PROJECT

The Luminary launched in 2007 in a former convent as an artist-run resourcing organization. In the past 5 years, we have quickly grown, initiating acclaimed exhibitions, an ambitious concert series, an international artist-in-residence program and independent projects such as Temporary Art Review, AV Equipment Library, and FORM Contemporary Design Show.  In December 2011, we announced plans to move to Cherokee Street as the next step in our commitment to develop a sustainable platform for supporting artists in our region. In searching for the best location for that vision, we sought out a number of possible options before moving forward with 2701-7 Cherokee Street, a historic corner complex at Cherokee and Ohio. The building will require a complete renovation beginning in October 2012 and continuing through Spring 2013. This building allows us to develop sustainably with a lower initial cost, keeping our overhead manageable and allowing us to invest more directly in the programs and events that have gotten us here. Visit our Capital Campaign FAQ page for more details about the move.

PHASE 1-COMPLETE

Over 500 individuals and businesses have donated to get us to this point. We currently have approximately $75,000 raised for initial renovations and operating expenses during the construction period, as well as approximately $30,000 in restricted funds. The funds from the first phase of fundraising will directly go to:

• Rent and Utilities
• Taxes and Insurance
• Costs to secure the space
• Replacing the Roof (est $30,000)
• Structural Work (facade, tuckpointing, etc)

PHASE 2

As we move forward, we are launching the second phase of our capital campaign for major renovations and equipment expenses necessary to open the space in early 2013.

Major Renovations: $60,000

• HVAC (est $16,000)
• Flooring: Wood and Concrete (est $14,000)
• Electrical (est $12,000)
• Plumbing (est $10,000)
• Drywall and Framing (est $8,000)

To offset these costs, we also need volunteer Electricians, Masons, Plumbers, Carpenters, Demo, HVAC, Concrete Finishing and donations of building materials.

Equipment: $40,000

• Sound Equipment
• Video Equipment
• Lighting

PHASE 3
We have an at-cost lease and a set contract to purchase the building through August 2014. We will be using the next 2 years to raise funds and seek financing. See below for ways you can get involved.

HOW YOU CAN HELP

Gifts to the Capital Campaign are fully tax deductible. For more information, or to make a gift to the campaign, contact Co-Director Brea McAnally at 314-773-1533 or brea@theluminaryarts.com. We would love to set up a time to discuss this opportunity in person. We are also in need volunteers and in-kind donations. We appreciate your continued support in this next phase of the campaign.