In this recording, discuss museum budgets and funding.
Some of the key discussion points in this video:
- A broad overview of the overall budgeting process
- Where do funds come from?
- How are funds distributed throughout the organization?
- Scalability, no matter what size budget you manage
Resources
Beyond the Numbers Budgeting for Museum Professionals
All museum professionals benefit from a more in-depth understanding of budgets. This book by Kristine Zickuhr helps make budgeting more approachable and is designed for individuals without a background in financial management.
This basic budget template was developed with the help of several museum professionals and can be found in From the Ground Up: A toolkit for starting a museum.
This book, revised by Cinnamon Catlin-Legutko with Hugh H. Genoways and Lynne M. Ireland, offers guidance about budgets, strategic planning, human resources, and facilities management as well as collections and programming. Using case studies and exercises they also tackle legal documents, legal and ethical issues, and challenges for today’s 2.0 world.
Museum Finance Issues, Challenges, And Successes
Museum Finance: Issues, Challenges, and Successes by Brian Alexander is intended to help museum leaders at all levels recognize and avoid certain financial minefields and realize that while there are financial hurdles in the museum world, they are solvable.
Edited by Sharon Smith Theobald, the updated edition of To Give and To Receive: A Handbook on Gifts and Donations for Museums and Donors, Second Edition provides up-to-date information on gifts to museum collections and related new and updated IRS regulations.
Where to find support for your museum
This helpful diagram offers up four areas where you can find financial support for your museum. This resource was pulled from From the Ground Up: A toolkit for starting a museum.
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