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Explore dozens of articles, member resources, and On-Demand Programs on financial sustainability in museums.

Striking a Balance at the Oakland Museum of California

The Oakland Museum of California has changed its financial decision-making to prioritize social cohesion. This article originally appeared in Museum magazine’s May/June 2024 issue, a …

Museum Philanthropy & Fundraising Tipsheet

This tipsheet summarizes the transcript of a webinar presented by Charles Katzenmeyer, Eowyn Bates, Amy Burt, Shannon Joern, and Ginevra Ranney. It was developed with the help of ChatGPT. …

Planning for Sustainable Success: Building a Development Plan for Museums

A strategic annual development plan is the document every nonprofit organization should have to identify how much money it needs to raise and how it will successfully secure those …

Why Museums Need Internal Audit

How do you feel when you hear the words “internal audit”? For many people, the answer is a sense of anxiety and perhaps even a muttered “uh oh.” As a group of museum internal auditors, …

60 Ideas in 60 Minutes: Museum Philanthropy & Membership Post Pandemic

Building museum resilience begins with diversifying revenue sources and creating long-term philanthropic partnerships. Philanthropy—and its symbolic and lucrative community-centered …

What makes a successful museum cafe?

The Museums Association (UK) blog posted this article interviewing George Ryle, head chef at the award-winning Garden Museum cafe about what makes a museum cafe …

Governmental Accounting Standards Board

Governmental Accounting Standards Board (GASB) establishes standards of financial accounting and reporting for state and local governmenta…

Get Smart About Art Donations

The majority of non-cash giving in the U.S. comes in the form of donated household goods, like gently used clothing, books, and blankets. But according to the Internal Revenue Service …

Financial Accounting Standards Board

The Financial Accounting Standards Board (FASB) is the designated organization in the private sector for establishing standards of financial accounting and reporting. Its standards govern …

Publication 956: How To Depreciate Property

The Internal Revenue Service’s (IRS) Publication 946: How To Depreciate Property (PDF) explains the general rules for depreciation and how to figure it. This resource was collected …

Nonprofit Audit Guide

The National Council of Nonprofits has created this Nonprofit Audit Guide© to provide charitable nonprofits with the tools they need to make informed decisions about independ…
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