If not submitted, it will be assumed that a long range plan does not exist. The financial statement is subject to audit by the State of South Dakota and National Endowment for the Arts and must cover the most recent accounting period ending before January 1 of the current year. An accountant reviews financial statements submitted for Challenge Grant support for accuracy and eligibility of expenses. Evaluation A Grant Evaluation Form is on pages 133-135 of the Guide To Programs. Annual evaluations are due within 30 days after the end of the each fiscal year.
Subsequent grants are dependent upon receipt of completed evaluation report.