That sounds like a winner of an idea, PJ! You're on the board, ok? :) And because most folkies are at least somewhat socially conscious, how about a food donation requirement too? This would make an ideal cooperative.
Because I'm a huge fan of the "old folkies" and folk revival artists (folk scare notwithstanding), I'd really like to have a lecture series as well...and of course invite all of my heroes in to tell us how it was, how it is now, and their own dreams for the future.
First on my list would be Mr. Pete Seeger himself...after that, the sky's the limit. We'll see if we can get some of those academics downstairs to tell us what they've learned from their research.
(does anyone know of a sure system for winning this lotto thing?? )