SMART Growth is a 4-year capacity building program designed to ensure that grantee organizations benefit from sound management practices that effectively support their art and ensure their resilience through economic shifts, staff transitions, and evolving markets.
Q. 1: Under "Organizational Budget" section of Year 1 Grant Proposal - revenue, expenses and surplus/deficit figures have to be provided for "Most recently audited fiscal year FY 20__", "Most recently completed fiscal year (if not yet audited) FY 20__", and "FY2012 Budget". As our organization is on a calendar year reporting basis (Jan. - Dec.) we have the audited figures for FY2010, should the middle column be left blank or do we have to provide FY2011 Budget?
Q. 2: For which year(s) "Other Sources of Income" must be provided?