Financial leadership for the arts : sustainable strategies for creative organizations

Book 2024

"This accessible, practical textbook will prepare leaders in the arts to make the best possible decisions for the financial sustainability of their organizations. Designed for individuals without formal training or previous on-the-job experience in nonprofit management or accounting, Financial Leadership for the Arts makes organizational finance simple and clear, freeing creative leaders to do their important work for communities. Governing board...

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Arts Finance

Arts Management

Finance Methodology

Nonprofit organizations Finance

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ISBN:

9781469678788
1469678780

Description:

xii, 270 pages : illustrations ; 24 cm

Notes:

Includes bibliographical references and index

Contents:

Introduction to finances for arts and cultural nonprofit organizations
Budget process basics for the creative mind
Preparing operating budgets that perform
Stubs and subs: sources of revenue for nonprofit arts organizations
Liquidity and managing cash flow in arts nonprofits
Singin' in the rain: why you need a rainy day fund
Spotting opportunities or trouble: understanding financial statements
Managing the audit and selecting an external auditor
Financial statement analysis for arts leaders
More than just audience satisfaction: measuring organizational performance
Accountability and governance for arts stability
Worth a pound of cure: preventing fraud and abuse in arts nonprofits
Short- and long-term trade-offs: investing funds and managing debt
Keeping the arts alive: adapting to turbulent times and developing resilience
Creativity takes courage: making great financial decisions for arts leaders

LCCN:

2024000448

Control Number:

3373858

Other Authors:

Sloan, Margaret F., author

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