Broward Cultural Division is hosting two half-day sessions designed to build stronger financial health and vibrancy in the nonprofit arts sector. The first session is for grantees and nonprofit organizations; cultural executive directors, development staff and board members are encouraged to attend. The second sessions is for funders in the arts; public and private arts funders of all sizes that are invested in the well-being of the nonprofit arts sector.
In the arts and cultural sector, many nonprofit executives and board members aim for financial stability but struggle to make ends meet. Their organizations must adapt to changing community interests and needs but lack the resources for risk-taking and risk-management. While balanced budgets are expected, arts and cultural organizations require working capital and long-term savings to innovate and thrive in a changing operating environment. This three-hour session for grantees will look at what it means to be a well-capitalized organization achieving financial health and vibrancy within their marketplace.
Hosted by Grantmakers in the Arts and Broward Cultural Division, this highly rated workshop develops a common vocabulary about capitalization and identifies its universal application for financial health of the nonprofit arts sector in the local marketplace. This discussion reveals how nonprofits can approach funders about financial need that is not programmatic.
Tickets and additional information available HERE.