3 Tips to Better Manage Accounting for Your Ticket Sales
Arts & Cultural organizations tend to have more unique revenue streams than any other type of nonprofit. So, today I'll share a few tips to better manage accounting for your ticket sales.
What Are Admin Expenses?
Employee salaries, purchasing office supplies, and paying the electric bill so the lights keep working are all examples of the admin costs.
GAAP for Nonprofits: Why the Numbers Differ and How to Explain the Gap to Your Board
Have you ever had your board members scratch their collective heads when the development and finance teams report their results? Do you get questions on why the two never match up?
Nonprofit Accounting Compliance: Why Grant-Funded Organizations Need Fund Accounting
Don’t jeopardize your nonprofit compliance with a commercial accounting system. Grant-funded organizations know nonprofit accounting compliance is a must-have for [...]
When School Systems Can’t Support the Future You’re Building
Change is rarely about novelty. For school leaders, it’s about purpose. Across independent schools, there’s a familiar moment when leaders [...]
Best Practices for a Stress-Free Fund Accounting System Implementation
You’re done with juggling multiple spreadsheets just to track your restricted funds. You’re finished with manual approval processes for expenses. [...]
How to Manage Your Arts and Cultural Nonprofit’s Revenue Streams in Uncertain Times
Arts and cultural organizations have spent the last few years rebuilding audiences, reopening doors, and restoring programs. But even as [...]
4 Common Fund Accounting Mistakes and How to Avoid Them
Your nonprofit has different goals and purposes than businesses do, and your accounting should reflect that. Where commercial accounting focuses [...]
Internal Controls Are Your Secret Ingredients for Grant Funding Success
If your organization receives federal grant funding, internal controls are the quiet infrastructure holding everything together. They shape how decisions [...]
Why Fund Accounting Makes Restricted Funds Easier to Manage
If you’ve ever tried to keep track of restricted donations using a mix of color-coded spreadsheets and a little bit [...]