Glossary of Terms
Curriculum Vitae (CV): a brief account of a person's education, qualifications, and previous experience, typically sent with a job proposal.
Federal Tax ID Number (EIN): An Employer Identification Number (EIN) is also known as a Federal Tax Identification Number, and is used to identify a business entity so that they can easily be identified by the Internal Revenue Service. Generally, businesses need an EIN. The Employer Identification Number is commonly used by employers for the purpose of reporting taxes.Also known as a Federal Tax Identification Number. When it is used to identify a corporation for tax purposes, it is commonly referred to as a Tax Identification Number.
Fiscal Year: any 12 month period used for financial record keeping and reporting suited to the organization’s operating cycle or programming season.
Match: the amount of cash and/or non-cash expenses and revenues that may be combined with THRIVE funds in project budget.
Non-cash Expenses (in-kind donations): expenses you would normally pay cash for, but which are being donated.
Public Domain: the state of belonging or being available to the public as a whole, and therefore not subject to copyright.
Quorum: the minimum number of members of an assembly or society that must be present at any of its meetings to make the proceedings of that meeting valid. There are currently fifteen (15) Metro Arts Commissioners. To meet quorum, there must be eight (8) Commissioners physically present in the meeting to vote.
Underinvested Populations: People who genuinely lack access to arts programs, services, or resources for geographic, economic, cultural, social, or other demonstrable reasons.