With an abundance of caution Studio at 550 has shut its doors starting March 16, 2020. It is unclear as developments arise how long we will maintain closure. This fund is established to keep Studio at 550’s bills paid due to cancelled classes and rentals in the space as well as ongoing support as we continue our relocation plans due to redevelopment of our current location. 95% of Studio at 550 revenue is dependent on space rental (and programming in the space). First and foremost rental expenses must be paid in order for relocation to be viable. Secondly, as of writing this staff will receive no payment for the time closed. Anything you can contribute would be appreciated. We anticipate these expenses to be around $28,800.