WIAOTT Annual Report 2021

Annual General Meeting 2021

President’s Address

As we begin our 25th Anniversary celebrations, it is fitting to preface the President’s Report by recollecting the history of the Women In Art Organisation of Trinidad and Tobago (WIAOTT). Founded on July 20th, 1976 by Mrs Fraulein Rudder, WIAOTT Membership consisted of just twenty artists including former First Lady, Mrs. Zalayhar Hassanali, Hetty De Gannes, Valerie Belgrave (deceased), Karen Sylvester, Maryse Rostant, Gillian Bishop, Sarah Beckett and Lisa O’Connor(deceased). Since then, the organisation has staged 25 Annual Members’ Exhibitions and participated in several Special Events across Trinidad and Tobago including the Art Society of Trinidad and Tobago, the National Museum and Art Gallery, Tobago Art Gallery, Lowlands, the Shaw Park Complex and the Magdalena Grand, Tobago. Our signature project is an initiative of founder, Mrs. Fraulein Rudder, herself a former teacher. In 1997,she secured a partnership with the Ministry of Education to introduce the Women In Art Biennial Art Competition and Exhibition among Fifth and Sixth Form Students in Trinidad and Tobago. The current Administration has preserved this legacy, memorializing it in 2019 by producing for the first time, the WIAOTT Biennial Champions Calendar,2020. Each Biennial Competition year sees an average of 30 participants from several secondary schools throughout Trinidad and Tobago. In 2011 there were 53 entries from 13 schools. 2017 was a special year Bishop Anstey High School , POS; Speyside Secondary;Tranquility Government Secondary School; St Stephen’s College, Hillview College and St Augustine Girls’ High School. In 2019, four of the competition’s participants topped the CSEC/CAPE Merit List, ranking between 1st and 7th place. To date at least two of the participants have again topped the Merit list for 2020. Notable women artists began their careers through the WIAOTT Biennial Art Competition including Anya Ayoung Chee. One of our most recent participants, Nneka Jones, a former student of BAHS, was commissioned by Victor Williams, Art Director of TIME Magazine, to produce an embroidered piece on canvas, depicting the American Flag for the cover of the Aug 31st -Sept 7th, 2020 edition.

Each WIAOTT Biennial Competition cycle includes a prize-giving ceremony and winners exhibition in which a minimum of 26 prizes are awarded. These awards have been expanded to include not just trophies but medals, vouchers for art materials, workshops and press features. In 2021 two new trophies were launched; the Pat Farrell Frederick Challenge Trophy in Textile Design and Manipulation and The Lisa O’Connor Landscape Artist Challenge Trophy (For Plein Air Work). This year, although the participation remained high, the challenges of distance learning proved daunting for many schools who would have liked to have entered the competition. It is expected that the WIAOTT Executive shall have contingency measures in place for the next Biennial in 2023. Since Mrs. Rudder retired in 2012 the WIAOTT has been chaired by four successive, elected Presidents each serving terms of one year or more. Throughout these years there were also several premiere events but none more significant than the incorporation of the WIAOTT Brand in 2012. Other inaugural events are as follows: WIAOTT exhibited at Tobago Art Gallery and the Magdalena Grande in 2015. This participation continued until 2018. In 2016 the first CSEC/CAPE Workshop was hosted at Hillview College, with 6 students from 4 schools participating. The focus areas were drawing, painting , graphic design and sculpting with clay. Two of them, Alek Motieram and Jonathan Creese, have continued their art careers. On November 25th 2018, there was the launch of the WIAOTT Member Artists Calendar 2019 “ New Light”, in collaboration with PLOTT, to mark Orange Day, a day dedicated to the elimination of violence against Women And Girls. All of the 500 calendars produced were sold out. In November 2018 WIAOTT also participated in Expo Art Tobago, with a contingent of 12 member artists and in December 2018 WIAOTT held its premiere Art Market, Debe, South Oropouche. April 2019, WIAOTT participated in World Artist Day and launched the WIAOTT Dezign-A- Tee- Shirt Competition at Debe High School. Students were given tutorials and prizes and their artwork was displayed alongside the work of member artists. On September 28th 2019 WIAOTT hosted its first Sip ‘n Paint, in honour of Fraulein’s birthday. 26 artists participated in a collaborative diptych which was presented to her daughters. At the Annual Members’ exhibition in September 2019 the WIAOTT Pioneer Spirit Award was instituted and presented to Fraulein Rudder

On November 20th, 2019, the first WIAOTT Biennial Champions Calendar was launched, through the kind sponsorship of BriCha Limited and several other sponsors. This campaign was also successful as we were able to make a second donation to the Coalition Against Domestic Violence. In January 2020 WIAOTT rang in the new year with a Sip N Swap, a Seasonal Social with a twist. Member were treated to an introductory figure drawing session with the live model, which paved the way for the current figure drawing sessions via Zoom On March 5th 2020, in honour of International Women’s Day, WIAOTT Artists were featured at the launch of the Rotunda Gallery Trinidad and Tobago. This exposure has continued till present with many Member artists exhibiting for at least 3 weeks at the Rotunda Gallery as well as on their virtual platforms. It is expected that this shall continue throughout the rest of 2021. Immediately after this, due to the spread of the CoronaVirus, there was a lockdown. However, the WIAOTT Executive Team quickly adapted and on June 27th 2020 the WIAOTT AGM was held via Zoom for the first time with the largest attendance of 21 recorded. On July 19th 2020, after the untimely death on June 22nd of WIAOTT founding member and national icon Lisa O’Connor, the Executive Team launched the WIAOTT Calendar 2021 Plein Air Series…..a Dedication to Lisa O’Connor, with part proceeds to go towards the Living Water Hospice. The calendars were sold at $150 each with 73 out of 500 remaining. The cost of printing the calendars was approximately $18,800.00, not counting the costs of two photo-shoots of artwork, gallery rentals for both photography sessions as well as the calendar launch. Despite these factors thanks to the hard work and dedication of the calendar artists, WIAOTT was able to make a donation of $5000.00 to the Living Water Hospice. While the competition for the highest number of sales was stiff, the winner of that contest is Marise Rodriguez. The Lisa O’Connor Landscape Artist Challenge Trophy for En Plein Air painting was also commissioned at a cost of $5000 from Hayden Smith, husband of WIAOTT member, Anna Charles Smith. Half of the cost of the trophy was generously donated by Arlene Maximay.

In August 2020 WIAOTT Launched Drawing from the Live Model Via ZOOM at $60 for members. Participation in these sessions is on the rise and expected to increase as they have been expanded to include guests and student artists. On October 27th the WIAOTT Annual Members Exhibition, Heartbeat, was installed at TAW and continued until October 31st, with in-person viewing via appointment, according to all health and safety protocols. Despite the pandemic,this exhibition was viewed by buyers, students and art lovers both in-person and through virtual gallery walks. During the show our Marketing Consultant,Joy Luk Pat and WIAOTT Secretary,Candice Sankarsingh, created four videos called WIAOTT Heartbeat Conversations which have been posted to our YouTube Channel. The event also attracted new members who have added value to the organisation. The exhibition ended on a high note, with an artists’ talk by Junnel Lewis entitled, “Know Your Business.” This paved the way for the introduction of more informative workshops on the Business of Art. On November 25th, 2020, the WIAOTT 2021 Calendar was launched but, while some work was sold, this did not take place during the campaign. Notwithstanding,as previously stated, the calendars were well received with the majority having been sold. Immediately after this exhibition and launch, WIAOTT sponsored three exhibition spaces for artists to participate in the Christmas Collab at ThinkArtWork Studio, Cipriani Boulevard Port-of- Spain. In January 2021, under the shadow of the Pandemic, WIAOTT began in earnest to install the systems necessary to facilitate online transactions including the viewing and sale of artwork, tutorials and the registration of new members. Indeed the entire Executive Team turned the challenges posed by Covid -19 into opportunities such that our current subscription has grown to one hundred and thirty- two artists. This includes a network of over twenty visual art teachers operating within the secondary school system in Trinidad and Tobago, some of whom are former participants in the WIAOTT Biennial Art Exhibition. With this clientele in mind, WIAOTT embarked upon a series of workshops on the business of art as well as Drawing Sessions with the live model via ZOOM, to educate and empower students as well as our member artists. These workshops are scheduled mostly on a Sunday from 4pm til 5:30m pm at a cost of $60 but for guests the rate is higher.

On February 2nd, 2021, prompted by a stroke of genius from WIAOTT Accountant and member artist Junnel Lewis, the WIAOTT Members Whatsapp group was formed. This development was a game changer in cultivating an ethos of real sisterhood and community spirit. This chat group is a hub of fun, camaraderie, progressive thinking, emotional support, empowerment and so much more. On March 9th, 2021 WIAOTT received sponsorship of $20,000 to produce and launch a Book of National Treasures, geared towards students between the ages of 8-12years, in collaboration with Bocas Lit and The National Trust. More shall be revealed about this after a meeting with the other collaborators. On April 8th 2021 the WIAOTT Biennial (having been postponed from March 8th 2021) was launched at 10:00 am, all health and safety protocols observed. The award for the best overall school went to BAHS for the fourth year in a row. However, Arrangements to have the students names engraved on the various trophies have been installed due the current lockdown. As soon as the restrictions have been lifted we shall continue with the arrangements. In May, 2021 the first two Modules of the Business Of Art workshops, specially geared towards creatives, were delivered in May and are expected to resume in July 2021. It is hoped that many artists shall take advantage of these opportunities. In summation, these milestones, both old and new could not have achieved without the grace of the Almighty One, who surrounded me with an exceptional Team of Friends, co- conspirators in creating something great and wonderful for WIAOTT. Thank you dear artists. Thank you Nalini, Candice, Kathy, Lorraine, Junnel, Joy Luk Pat, Tracy and Sonia. I look forward to working with you all again. Sincerely, Michelle Tappin-Davis President WIAOTT 27th JUNE 2021

Treasurer’s Report

Due to the inability of the past Treasurer to perform her duties and her subsequent resignation, an interim Treasurer, Lorraine Villaroel, was brought on board in March 2021. As such, financials for the year ending 30th June 2021 will be completed and shared with the membership by 1st August 2021. The Financial Statement for the year ended 30th June 2020 is included in this report. Update At the AGM 2019, it was noted that a 2015 resolution to invest $50 from each new subscriber into a Unit Trust account to grow the bank acc. At AGM 2020 it was noted that this was never enacted, due in part to the last Treasurer's inability to perform her duties and to low prioritization. Unfortunately, the continued inability of the Treasure to perform her duties resulted in this action not being taken in 2021. The WIAOTT Live Model Drawing sessions via Zoom, were paused in the latter part of 2020 because we had to charge participants too much in order to cover Model Fees and Rental of a Venue. We were able to secure an alternative location at 1/3 the cost and resumed in February 2021. Participation has grown and has expanded to include guests and CSEC/CAPE students. We have acquired a WIAOTT Gel stamp at the cost of $250 allowing us to provide sealed Certificates of Authenticity when the work of artists is sold through the organization. On completion of our website these works cam be sold online and the organization will earn revenue from commission on sales. newly - artists shall factor this cost into their pricing. In May 2021 we held Financial Literacy courses, which were the first in events advertised under the WIAOTT Banner. These types of events can be hosted either by a member or a guest host and allows WIAOTT to earn 20% commission on attendance.

Women in Art Organisation of Trinidad and Tobago Financial Statements July 1, 2020

WOMEN IN ART ORGANISATION OF TRINIDAD AND TOGAGO Page FINANCIAL STATEMENTS 2 FOR THE YEAR ENDED 1 July 2020 3 CONTENTS 4 5 Accountant ‘s Report 6 7 Statement of Financial Position Statement of Comprehensive Income Statement of Changes in Equity Statement of Cash Flow Notes to the Financial Statements 1

WOMEN IN ART ORGANISATION OF TRINIDAD AND TOGAGO STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 1ST JULY 2020 (Expressed in Trinidad and Tobago dollars) ACCOUNTANT’S REPORT To WOMEN IN ART ORGANISATION OF TRINIDAD AND TOBAGO We have prepared the accompanying Statement of Financial Position of Women in Art Organisation of Trinidad and Tobago as at July 1st 2020, the Statement of Comprehensive Income and the Statement of Cash Flows for the year then ended from the accounting records of the business and from explanations and representations provided by the directors. In order to prepare the financial statements, we have undertaken a general review, consisting primarily of independent third-party confirmations, inquiry, comparison and discussion, of the business accounting records and other information supplied. In accordance with the terms of our engagement, we have not performed an audit and consequently do not express an opinion on the financial statements. Arima Accountant October 4, 2020 2

WOMEN IN ART ORGANISATION OF TRINIDAD AND TOGAGO STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 1ST JULY 2020 (Expressed in Trinidad and Tobago dollars) Notes 2020 2019 TTD TTD Fixed Assets Fixtures, Fittings & Equipmen 2.7 3,193 437 Current Assets 3 (7,570) 7,927 Cash in Hand & Bank (4,377) 8,364 Total Assets (6,222) 1,212 1,313 - Liabilities & Equity 1,313 - Capital and Reverses 532 7,152 Reverses (4,377) 8,364 Current Liabilities Trade Payables and Accruals Total Current Liabilities Opening Equity Total Fund and Liabilities Director: The accompanying notes on pages 7 to 10 form an integral part of these financial statements. 3

WOMEN IN ART ORGANISATION OF TRINIDAD AND TOGAGO STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 1ST JULY 2020 (Expressed in Trinidad and Tobago dollars) Notes 2020 2019 TTD TTD Revenue Membership 6,710 12,814 Submission Fee 3,250 7,340 Merchanting Sales 1,739 Workshops 14,279 Event-CSEC - 500 Sponsors - Total Revenue 15,702 1,300 27,401 16,890 53,123 Expeneses 5 (23,403) Direct expenses 5 (11,026) (41,399) Administrative expenses (10,544) Finance Charges (406) Total expenditure (34,835) (402) (52,345) General Fund (7,434) 778 Accumulated fund at beginning of year 1,212 Accumulated fund at end of year (6,222) 434 1,212 The accompanying notes on pages 7 to 10 form an integral part of these financial statements. 4

WOMEN IN ART ORGANISATION OF TRINIDAD AND TOGAGO STATEMENT OF CHANGES IN SHAREHOLDERS EQUITY FOR THE YEAR ENDED 1ST JULY 2020 (Expressed in Trinidad and Tobago dollars) Balance at June 30, 2019 Shares Total Trust Equi ty Movement during 2019: Operating Net Profit 8,364 8,364 Adjustments to Fund in Trust (7,434) (7,434) (5,306) (5,306) Balance at July 1, 2020 (4,377) (4,377) Balance at June 30, 2018 Shares Total Trust Equi ty Movement during 2019 Adjustments to Fund in Trust 7,594 7,594 - Balance at July 1, 2019 778 778 (10) (10) 8,364 8,364 The accompanying notes on pages 7 to 10 form an integral part of these financial statements. 5

WOMEN IN ART ORGANISATION OF TRINIDAD AND TOGAGO STATEMENT OF CASH FLOW FOR THE YEAR ENDED 1ST JULY 2020 (Expressed in Trinidad and Tobago dollars) Cash Flows from Operating Activities 2020 2019 General Fund TTD TTD Depreciation (Decrease) / Increase in receivable (7,434) 778 (Decrease)/ Increase in account payables and accruals 200 49 Net cash inflow from operating activities - - - - (7,234) 827 - Investing Activities (3,000.00) Payments for fixed assets (5,263) - Working Capital (7) (15,497) Net increase in cash and cash equivalents 819 Movement in cash and cash equivalents 7,927 7,108 At beginning of the year: - - Cash at bank Cash on hand (7,570) 7,927 - - At end of the year Cash at bank 819 Cash on hand Net increase in cash and cash equivalents (15,497) The accompanying notes on pages 8 to 12 form an integral part of these financial statements 6

WOMEN IN ART ORGANISATION OF TRINIDAD AND TOGAGO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 1ST JULY 2020 (Expressed in Trinidad and Tobago dollars) 1. Incorporation and principal activities The company was registered under the laws of the Republic of Trinidad and Tobago on 24th August 2012 The company’s registered office is at Opposite LP 52 Union Road Diego Martin. Its principal activity is creating opportunities for women artists to explore. 2. Significant accounting policies (a) Basis of preparation These financial statements are expressed in Trinidad and Tobago dollars and have been prepared under the historical cost convention in conformity with International Financial Reporting Standards for Small and Medium Sized Entities (IFRS for SMEs). (b) Use of estimates The preparation of financial statements, in conformity with International Financial Reporting Standards for SMEs, requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. (c) Cash and cash equivalents Cash and cash equivalents comprise cash on hand and bank balances and overdrafts that are readily convertible to known amounts of cash which are subject to insignificant risk of change in value. (d) Foreign currency Transactions in foreign currencies are translated into Trinidad and Tobago dollars at the exchange rates prevailing at the dates of the transactions. Current assets and liabilities denominated in foreign currencies are translated at the exchange rates prevailing at the balance sheet date. Profits and losses arising are dealt with in the statement of income. (e) Revenue Revenue is recognised on an accrual basis and is recognized when the significant risks and rewards of ownership of the goods has passed to the buyer. Revenue is measured at fair value of the consideration received, excluding any discounts, rebates and sales taxes. 7

WOMEN IN ART ORGANISATION OF TRINIDAD AND TOGAGO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 1ST JULY 2020 (Expressed in Trinidad and Tobago dollars) 2. Significant accounting policies (continued) (f) Property, plant and equipment Property and equipment is stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. The Institute adds to the carrying amount of an item of property and equipment the cost of replacing parts of such item when that cost is incurred if the replacement part is expected to provide incremental future benefits to the Institute; the carrying amount of the replaced part is derecognized. All other repairs and maintenance are charged to the statement of comprehensive income during the period in which they are incurred. Depreciation on other assets is charged so as to allocate the cost over their estimated lives as follows: Accounting software 25% Furniture fixtures and fittings 10% Office equipment 10% The assets’ residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, if there is an indication of a significant change since the last reporting date. An asset’s carrying amount is greater than its estimated recoverable amount. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognized in the statement of comprehensive income. (g) Inventory The inventory is valued by the Director and is stated at lower of cost or net realizable value. Inventory consists of Office Supplies and data forms. (h) Accounts payable Accounts payable are obligations on the basis of normal credit terms and do not bear interest. (i) Accounts receivable Accounts receivable are amounts due from customers for goods sold or services performed in the ordinary course of business. All collections from sales are expected in one year or less and are classified as current assets. 8

WOMEN IN ART ORGANISATION OF TRINIDAD AND TOGAGO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 1ST JULY 2020 (Expressed in Trinidad and Tobago dollars) 2. Significant accounting policies (continued) Accounts receivable are initially recognized at the transaction price. They are subsequently measured at cost less provision for impairment. A provision for impairment of accounts receivable is established when there is objective evidence that the company will not be able to recover all amounts due according to the original terms of the receivables. (j) Taxation The company is subject to corporation tax based on the stipulated rate for the respective year of income, currently 25%, Business Levy at 0.6% of gross sales and Green Fund Levy at the rate of 0.3% of gross sales. 3. Cash and cash equivalents 2020 2019 $ $ 7,927 (4,570) Cash and cash equivalents consist of cash on hand and balances with banks. Cash and cash equivalents included in the statement of cash flows comprise the following statement of financial position amounts. Cash represents cash and cash equivalents are held in current account and is liquid. 9

WOMEN IN ART ORGANISATION OF TRINIDAD AND TOGAGO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 1ST JULY 2020 (Expressed in Trinidad and Tobago dollars) 4. Fixed Assets Furniture Office and Equipment Fixture Total Cost - 437 437 At 30th June 2019 - 3,000 3,000 Additions - 3,437 3,437 At 1st July 2020 - 44 44 Depreciation - 200 200 At 30th June 2019 - 244 244 Additions At 1st July 2020 - 3,193 3,193 - 437 437 Net Book value At 1st July 2020 At 1st July 2019 5. Accounts receivable and prepayments 2020 2019 $ $ Accounts receivable -- This represent a client’s payment in advance for a service rendered in subsequent period. 6. Accounts payable and accruals 2020 2019 $ $ Trade payables 1,313 - This balance is current and due within 30 days. 10

WOMEN IN ART ORGANISATION OF TRINIDAD AND TOGAGO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 1ST JULY 2020 (Expressed in Trinidad and Tobago dollars) 6. Events after the Report Date There are no significant events occurring after the reporting date affecting the financial performance, position or changes therein for the reporting period presented in these annual financial statements . 7. Contingent Liabilities There are no contingent liabilities as at the reporting date. 11

WOMEN IN ART ORGANISATION OF TRINIDAD AND TOGAGO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 1ST JULY 2020 (Expressed in Trinidad and Tobago dollars) Direct Expenses 2020 2019 Workshops 5,810 - Venue 1,100 14,870 Advertisement/Markeing Art Supplies 554 600 Art Exhibition 12,403 1,000 Art Décor 1,527 24,929 Tokens/Medals 1,559 Waiters/Bartenders Servers - 450 - - 23,403 41,399 12

WOMEN IN ART ORGANISATION OF TRINIDAD AND TOGAGO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 1ST JULY 2020 (Expressed in Trinidad and Tobago dollars) Administrative Expenses 2020 2019 Accounting services 2,140 - Annual Returns - - AGM-Meeting 1,575 Legal Fees 2,500 420 Depreciation 120 49 Meals & Entertainment 244 - Donation 2,500 Office Expenses 4,222 - Petty Cash - - Web-Site - 6,000 1,800 - 11,026 10,544 13