In December 2022, ArtsHacker published a guide to three small business travel rewards programs. Two of these three programs (the two airline programs) have had significant changes to the poi…
SOURCE: artshacker.com at 03:08PMWhat is the difference between campaigning, lobbying, and advocating for a certain policy position and on which of them, if any, should a nonprofit arts organization spend time and resources…
SOURCE: artshacker.com at 06:34PMIf your nonprofit arts organization hosts any fundraising events (that raise more than $5,000), you will need to complete Schedule G, “Supplemental Information Regarding Fundraising or Gam…
SOURCE: artshacker.com at 01:57PMIn late January 2024, your correspondent attended the Sphinx Organization’s SphinxConnect in Detroit, Michigan. The conference is billed as “the largest and longest-standing convening de…
SOURCE: artshacker.com at 12:24PMAccounting software will come “out of the box” with at least two accounts within the Equity (or Net Assets, in nonprofit terminology) section of your Statement of Financial Position (als…
SOURCE: artshacker.com at 08:57PMDepreciation, 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 ob…
SOURCE: artshacker.com at 03:00AMIn 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 ind…
SOURCE: artshacker.com at 10:41AMAs 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 m…
SOURCE: artshacker.com at 03:07AMIn 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 2…
SOURCE: artshacker.com at 07:04PMIt’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 rea…
SOURCE: artshacker.com at 01:58PMIf your programming runs from fall to spring/early summer, you most likely have a fiscal year that begins in mid-summer, and you most likely are presently in budget season. Here are two quic…
SOURCE: artshacker.com at 12:05PMDisappointingly to the broader nonprofit community, including many arts organizations, Amazon announced on January 18 that effective February 20, 2023, it is closing its AmazonSmile program.…
SOURCE: artshacker.com at 02:46PMIf you ever have employees or artists traveling to or from your organization’s home city, your organization should be earning small business travel rewards whenever possible. Many hotel ch…
SOURCE: artshacker.com at 01:29PMMany arts organizations will have artists as well as other vendors that need not only payment for their service fees, but also will incur various reimbursable expenses while providing their …
SOURCE: artshacker.com at 04:01PMEarlier this fall, Mastercard issued new rules for merchants processing recurring credit card charges on its network (essentially, merchants who process recurring charges to a Mastercard-bra…
SOURCE: artshacker.com at 12:19PMWe’ve all been there, on one end of the conversation or the other: it’s the end of the month and the finance team is missing receipts for charges on company credit cards. Cardholders get…
SOURCE: artshacker.com at 03:00AMFor 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…
SOURCE: artshacker.com at 03:00AM“I just love board meetings!” said no arts (or any other kind of) manager ever. While I can’t promise you will actually start to say that, I can offer a model that I’ve seen work wel…
SOURCE: artshacker.com at 03:00AM