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 (a performance of a concert or play), that transaction is earned revenue. If not, it’s contributed. Even … Read more

When A Ballet Master Goes Viral

If you’re active on any social media platform, you’ve probably seen this TikTok of ballet master Tomas Karlborg from Staatsballett Berlin. @staatsballettberlin Ballet master Tomas Karlborg taking the lead during #worldballetday #ballet #staatsballettberlin #balletdancer #ballettok #balletclass #balletchallenge #ballerina #Dance ♬ Originalton – STAATSBALLETT BERLIN This is not a new video — it is from World Ballet Day 2021 — but it was recently posted on TikTok. (If you’re a ballet nerd like me and would like to watch the entire class, you can do so here.) However, it is a great behind-the-scenes … Read more

ALERT: Google Domains Shutting Down And Selling To Squarespace

On June 15, 2023 Google unexpectedly announced they sold Google Domains to Squarespace. Not only did this come as a shock to the online provider community, but it comes as especially bad news for nonprofits. Must-Have Details Any domain names you or your organization have registered at Google will be transferred to Squarespace. The timeline has not been defined but information from Google indicates it will be as soon as Q3 2023 to Q1 2024. Squarespace is not a dedicated domain registrar. The registration service is tied to maintaining a paid Squarespace … Read more