The Potters Guild of B.C. NEWSLETTER

is published 10 times a year. Submissions from
Members are welcome, and should be in the Guild
office by the last Saturday of the month. Advertis-
ing rates; $75.00 full page; $40.00 half page;
$25.00 quarter page; business card $15.00;
classified $5.00 for 3 lines; additional lines $2.00
each (all ads must be prepaid).

Cartoons frre.

Editors: Laurel McGregor, Sandy Korman

Mailing: Anne Fleetham, Savita Kshatriya, Gail
Krushinsky, Jackie White

The Potters Guild of B.C. meets the 4th Wednesday
of every month. in the guild is $20.00-
individuals, $30.00-groups, January to January.
See application form on the back page.

We welcome your comments and contributions,

MARCH MEETING REPORT

Bob Kingsmill shared with us lots of slides from his
recent tip to Mexico, Many, many figures as well as
functional ttems. Over ornate with bright colours is
very popular but stoneware and primitive wares are
being produced also. A veritable profusion of work
from the past and present in Mexico today.

Thanks, Bob!

TREASURER'S REPORT - Terry Ryals

| Since the spring of 1987 when | became treasurer of the

Potters Guild, I have been working to make the finances
more understandable and meaningful to the members.
To best accomplish this has been a three part program
of restructuring of the accounting procedures and cate-
fories, analysing of the resultant month to month data,
and budgeting for the future. To date, the whole
accounting system has been successfully restructured
and I am presently into the second phase of analysing
the results. As the financial statement shows, the
Potters Guild is in a very healthy financial state of

growth.

This financial growth in the Guild has made the
treasurer's job increasingly complicated, and in 1987
several independent accountants were employed to
improve the accounting system. Presenth, Judi
Hopkins is assisting the Gallery Manager and myself
with monthly and year-end financial services. In 1988
we are changing to a computer accounting system
which will give the Guild a better month-to-month
financial picture to aid in future budgeting.

The financial growth of the Potters Guild has changed
dramatically since the Gallery of B.C. Ceramics opened
on Granville Island in August of 1985, From 1961 to
1964 the Guild's total equity rose from only $3,553 to
$5,162. Then with the help of the Gallery the total Guild
and Gallery equity rose to $11,600 in 1985, $18,332 in
1986 and $23,940 by December 81, 1987. The Gallery
of B.C. Ceramics is now the main Income producing
program for the Guild, with the membership fees and
the Robson Square sale second and third.

The challenge for the new Board of Directors ts to
continue to expand the activities of the Potters Guild
and to use the present surplus wisely.

POTTERS GUILD OF Bc.

BALANCE SHEET
AS AT DECEMBER 31, 1987

ASSETS 1588 Jar
Cash and Term 13,441.26 7,449.55
Accounts Receivable 3,795.50
Other 100.00 2,014.00
Gallery of B.C. Cerumics Excess Income 5,462.08 8,087.73
Furniture and Fictures EBT 2,053.85

2LEr2 36 22,770.67
LIABILITIES

Accounts Payable and Accried Liahdlities
MEMBERS’ EQUITY

Profit and Loss

Oallery af B.C. Cenumics Excess Income

Total Liabilities & Members’ Equity

3,240.00 4,24, 15
18,300.65. 12,556.62
(5,432.03) {2,448,.83)
12,366.62 10,418.78
S453 Bo 8,057 73
L832 15,476.52.
21,572.60 92,770.67