Common Points of Confusion Between the Accounting and Development Teams

As our organizations grow, the number of donations and the number of financial transactions grow along with it. On top of that, the accounting function, if it hasn’t already, likely will move from cash basis to the more complex accrual basis. This growth leads to the need for specialization among staff and often a separation of the gift processing and bookkeeping functions. It is very appropriate and desirable for internal control purposes to have separate ...

Development

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Review: 2023 Nonprofit Technology Conference

In mid-April 2023, your correspondent attended NTEN’s Nonprofit Technology Conference (NTC) in Denver, Colorado. This was the first in-person instance of NTEN’s annual conference since 2019 (though this instance kept the hybrid option introduced in 2021). There were reportedly over 2,000 attendees across both options, with over half of us gathered for three days in Denver. This review consists solely of my own opinions and reactions to the conference. In full disclosure, I received a ...

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NTEN

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Important Financial Management Elements of a Guest Artist Contract

It’s spring, so your artistic operations team might be in the thick of drafting and sending contracts to next season’s guest artists. Regardless of your contracting cycle or when you read this article, here are four important elements of a guest artist contract that your finance team will appreciate having included. Disclaimer: What is a blog post about a legal or financial topic without a disclaimer? This is not legal advice. You should not be ...

Arts Admin, Contracts, Finance

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