Originally published in Nonprofit Quarterly , March 1, 2005 If management is part mystery and part art, it is also part basic science and arithmetic. Obey the ordinary rules, and the ordinary results will follow. Flout them and no amount of vision or art will save you. But step into the nonprofit sector, and you &hellip
Author Archives: Visceral Dev Admin
Hidden in Plain Sight: Understanding Nonprofit Capital Structure
Originally published in Nonprofit Quarterly , March 21, 2003 Capital structure is the distribution of an organization’s asset, liabilities and net assets. Every organization has one, so ignoring it can be risky. This monograph highlights capital structure as a critical driver of mission and programs, as well as organizational capacity. It also illustrates how funders &hellip
Rising in Stages: How Steppenwolf Excelled, First on the Boards, Then in the Boardroom, and Ultimately on the Balance Sheet
From an 88-seat facility in a church basement to a nationally acclaimed theater.
Cultural Facilities Study Summary
Facilities dominate arts operations to an extent rarely seen in any sector. Their facilities are technically complex, expensive and time-consuming to build and maintain. While appropriate facilities are intrinsic to the health of arts organizations, we treat them as if they were peripheral. This denial means that we spend millions annually—intentionally or not—to build and &hellip