If you understand “Time Value of Money,” then you’ll understand just how uncharitable these schemes are — and the users know it. In the second article in the Born in the DSA series, I’d like to introduce you to a business school Econ 101 unit called “Time Value of Money.” In a nutshell, it works like this: In 2025, I have $100. For that $100, I can buy $100 … [Read more...] about Born in the DSA*: It’s Time To Outlaw Donor Advised Funds (DAFs)
Executive Director
“A PUNCHY, OUTSPOKEN ARGUMENT FOR HOW NONPROFIT ARTS ORGANIZATIONS SHOULD BE RUN.”
Pick up a copy of the Scene Change trilogy. Scene Change 3 just received its first review, and it's a doozy. You're going to want at least one for you and one for your board chair. An example-driven new map to success in the realm of nonprofit theater. “What good is a program without results that show impact?” asks theatrical director and producer Harrison, a 30-year … [Read more...] about “A PUNCHY, OUTSPOKEN ARGUMENT FOR HOW NONPROFIT ARTS ORGANIZATIONS SHOULD BE RUN.”
Nonprofit Arts Orgs: If Your Only Answer Is ‘Cut,’ You’re Asking the Wrong Question
So, what’s the right question? “See what the company looks like with a $6 million budget.” “Okay, but you know the income will take a beating, too.” “See what the company looks like with a $6 million budget.” These were some of the final words spoken to me by a board member at the then-$12 million Alabama Shakespeare Festival. After a whole bunch of years of … [Read more...] about Nonprofit Arts Orgs: If Your Only Answer Is ‘Cut,’ You’re Asking the Wrong Question
Nonprofit Arts Companies: Beware the Allure of the Headhunter
It’s expensive, lazy, and a process rife with community red flags. But at least there are no money-back guarantees. Let me start by saying that I was headhunted several times for jobs and thought it was a dandy idea. I was egotistical, dumb, and thought that nonprofit arts jobs — even leadership positions — had a shelf life of about three years. I was also experienced, … [Read more...] about Nonprofit Arts Companies: Beware the Allure of the Headhunter
Consequences — If They Cut Funding, You Go Nuclear (or Go Home)
It’s a game of chicken. If your arts organization yields, everyone loses. Gerrymandering has been in the news of late. It’s a word I didn’t know until my eighth-grade history teacher, Mr. Ubick, gave us all a list of dangerous yet goofy-sounding political terms and phrases. “Gerrymandering” was at the top of a list that included “jingoism,” “filibuster,” “pork-barrel,” … [Read more...] about Consequences — If They Cut Funding, You Go Nuclear (or Go Home)