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You must maintain advances of federal funds in interest - bearing bank accounts unless you receive less than $120,000 per year in advanced grant funds or the most reasonably available interest- bearing account would not earn more than $100 (State, Local and Indian Tribal Governments) or $250 (Institutions of Higher Education, Hospitals, and Other Non - Profit Organizations) per year on the federal cash balance, or would entail bank services charges in excess of the interest earned. (You are encouraged to use women -owned and minority -owned banks - banks that are owned at least 50 percent by women or minority group members). Interest in excess of $250 annually that is earned on advanced payments must be remitted annually to IMLS. You must mail a check identified as interest earned on advances of IMLS funds to: Institute of Museum and Library Set-vices Atm. Grants Administration 1800 M Street, NW, 9ch Floor Washington, DC 20036 -5802 13. What are the reporting requirements? You are responsible for submitting interim and final performance and financial reports. A final performance report and a final financial report must be submitted to IMLS Grants Administration within 90 calendar days after the completion date of the grant period. The grant award notification includes a schedule of interim and final report due dates. If a grant is extended, IMLS will email a revised reporting schedule. Interim and final report forms and instructions are available on the IMLS website: httL_www imis.aov- teuprcnts /administration shtisi. Failure to submit reports on a timely basis may result in delayed payments and the suspension of action on pending applications from the grantee organization. Interim and final reports (reports of 20MB or less) should be emailed in PDF format to imisre��. The grant number must be referenced in the 'Subject' of the email. If you do not have the capability to email PDF documents, the reports may be mailed to: Institute of Museum and Library Services Attn. Grants Administration 1800 M Street, NW / 911 Floor Washington, DC 20036 -5802 Reports that exceed 20MB must be mailed. When a signed report is emailed to IMLS, you are required to retain the original report in accordance with the standards set forth in Article 16 (Record Retention) of these General Terms and Conditions.