You Probably Need To Be Spending More On Overhead

For decades now there has been a belief that the lower the ratio of non-profit’s overhead expenses to program expense, the better run the non-profit is.  As a result, a low overhead ratio has been viewed as something of a virtue and non-profit organizations have used all sorts of accounting tricks and parsed terminology in an effort to  redefine what constitutes an overhead expense. Likewise, funders have rewarded non-profits who can exhibit low overhead expense ratios or they disallow the use of funding for overhead altogether. This has created what many have … Read more

A Smarter Way To Crumble Browser Cookies

Clearing browser cookies is just one of those things you need to do every now and then but clearing them out in bulk can be a serious hassle, such as losing all of your saved login info. 🤬 Fortunately, there’s been a multi-step trick to use for clearing cookies on a per-URL basis but after years of consistency, the most recent Google Chrome update has changed the process (for the better). This is so useful, I recommend keeping it at the top of your bookmark list and if you use a bookmark … Read more

Keeping Your Books Audit Ready

For arts managers outside the finance team, the idea of an audit may seem either terrifying or mundane. Even some inside the finance teams, of organizations of all sizes, the annual external audit process can consume a significant portion of staff time and mental energy for several months of the year. The external audit process results in a document known as the audited financial statements, which provides a professional opinion that the organization’s accounting records are clear of misstatement. Institutional funders, charity watchdog agencies, and other entities look to this document for … Read more