Depreciation Basics for Non-Profit Arts Organizations

Depreciation, in the accounting sense, is the bookkeeping process of lowering the value of something that your organization owns over time. It is generally applied to physical or tangible objects that an organization uses long-term. Disclaimer: What is a blog post about a legal or financial topic without a disclaimer? This is not legal advice. You should not be getting your legal advice from a blog post. The purpose of this post is to give …

Finance

Leave a comment

No One Knows You’re A Non-Profit (Sometimes Even After You Tell Them)

While it has sort of been generally known that visitors to arts and cultural organizations aren’t fully aware of whether the organization is a non-profit or not, Colleen Dilenschneider recently posted research that qualifies just how few visitors are able to make that distinction, (subscription required) what the implication of that lack of knowledge is, and how to reverse that perception. Basically, even the disciplines with the best levels of awareness of non-profit status don’t …

How to Account Your Earned Revenue

In the not-for-profit world, there are two types of revenue (as defined by tax law and accounting standards): contributed and earned. Contributed revenue includes monetary donations from individuals and corporations as well as grants from foundations and government agencies. Earned revenue includes ticket sales, program and service fees, and media sales. A good rule of thumb is that if a transaction represents the customer receiving a distinct item (a CD, a branded mug) or service …

Level Up Your Accessible Text Over Images Design Skills

Regular readers know that web accessibility is a topic we’ve covered frequently, especially when it comes to color contrast. One of the real challenges is mastering the art of maintaining color contrast for text that sits above an image. The text will shift across different parts of the image across different device types and sometimes, it feels impossible to find a balance. Fortunately,  SmashingMagazine.com recently published an article by Hannah Milan that takes a deep …