With June 30 just a couple of weeks away, remember why your donors donate to you If you are a nonprofit leader—executive director, board chair, development director, or another concerned citizen—and you saw the image of June 30 and panicked…relax. I mean, you probably won’t hit your financial goals if the money in hand, the pledges that will in fact be paid, or last year’s … [Read more...] about Reminder: No One Cares About Your Fiscal Year-End Except You
Development and Fundraising
Nonprofit Arts Funding: Why Reward Bad and Punish Good … Still?
Why do funders support the same organizations because they’ve always supported the same organizations, regardless of their results? I thought this would have stopped by now. Silly me. In 2017, the AT&T Performing Arts Center in Dallas, Texas was $151 million in debt, partly due in part to escalating expenses from a capital project gone haywire. According to the … [Read more...] about Nonprofit Arts Funding: Why Reward Bad and Punish Good … Still?
“Lies, Damned Lies, and Statistics” – Another Bad Research Project About the Arts Leads to Worse Conclusions
Benjamin Disraeli might have been referring to the latest irrelevant data on the economic power of the arts in 2021. [Jeez Louise. Why do they make me have to write this?] Let’s start with a basic question. What constitutes relevant data? If you’re really hungry and you find yourself in an apple orchard, which one of these points is the most relevant to you? If … [Read more...] about “Lies, Damned Lies, and Statistics” – Another Bad Research Project About the Arts Leads to Worse Conclusions
What’s Your Nonprofit Arts Board’s Fifth Most Important Responsibility?
Now that you have the first four under your belt, here’s where the rubber meets the road. Okay, nonprofit arts board members, let’s go over this again. In order: And now, finally, #5. Advocate. Advocate zealously. In September 2020, we discussed the idea that board members are not ambassadors, regardless of what you may have heard. In fact, it was in the … [Read more...] about What’s Your Nonprofit Arts Board’s Fifth Most Important Responsibility?
What Is Your Nonprofit Arts Board’s Second Most Important Responsibility?
Read last week’s article for #1. This week: raise the funds to pay for why you do what you do. You probably don’t think this is your second most important responsibility. It is. It is, because no matter who is working for the company, it is every board member’s task to make sure money is there to enact your charitable mission (which is your most important … [Read more...] about What Is Your Nonprofit Arts Board’s Second Most Important Responsibility?