Re: PHILLTER / Y2K Synergy+Tethering Considerations

[Rick Walker <looppool@cruzio.com>]

You sent this to my board, Mike.
Why in God's name did you do that?
Now I'm going to have to answer to them about my reasons
for declining your proposal.........which I have taken a lot of painstaking
time to explain to you.   You just added all kinds of work for me.

If you were truly asking my permission and it meant something to me,
why would you do an 'end around' with this?

I'm just flabbergasted and really fucking pissed off.

Rick

On 10/19/2020 3:33 PM, Yanchak [Mike Why] wrote:
> Hi Y2K Admins,
>
> Rick (cc'd) mentioned to me that Y2K is now a fully-formed 501(c)3.
>
> PHILLTER is currently in a direction to be formed as a B-corporation, 
> which uses a triple bottom line audit of profit, environmental 
> considerations, and social good.  We see this as the best formation to 
> benefit the artists we will be advocating and supporting, which have 
> extensive overlap with the live looping community.  Our current goal 
> is to have the company essentially owned and operated by its 
> arts-driven staff within 10 years, although there is much to learn 
> about the form that will take.
>
> We were informally considering a nonprofit to gift the company to at 
> some point during its lifetime after it is built.  We could build it, 
> or we could tether it to another one at some point.  We would prefer 
> it be a cooperative form which it appears Y2K would be well suited 
> for, so if that's something you'd consider, let us know.
>
> The benefit to Y2K would be straightforward -- money to do as it 
> wishes with -- and the exchanges could be minimal in return.
>
> In the meantime, we'd love a list of other-festival contacts to start 
> examining the possibility of sponsoring Y2K artists (as in, us just 
> paying you for someone you already were going to have), which seems 
> like an easy place to start a dialogue.  Once we've talked with the 
> Santa Cruz grandaddy, of course, since this suggestion came from Rick 
> himself a few years ago.
>
> Let us know if you're interested.
>
> Best,
> Mike Yanchak / Mike Why
> y2k santa cruz / y2k mexico performer