Posts
Financial Sustainability
Explore dozens of articles, member resources, and On-Demand Programs on financial sustainability in museums.
What Works for Building Audiences? Let’s Review the Data.
One of the biggest issues museums face right now is diminished attendance. Years after most pandemic-induced closures have lifted, the majority of institutions have still seen only a …
Striking a Balance at the Oakland Museum of California
The Oakland Museum of California has changed its financial decision-making to prioritize social cohesion. This article originally appeared in Museum magazine’s May/June 2024 issue, a …
Museum Philanthropy & Fundraising Tipsheet
This tipsheet summarizes the transcript of a webinar presented by Charles Katzenmeyer, Eowyn Bates, Amy Burt, Shannon Joern, and Ginevra Ranney. It was developed with the help of ChatGPT. …
Planning for Sustainable Success: Building a Development Plan for Museums
A strategic annual development plan is the document every nonprofit organization should have to identify how much money it needs to raise and how it will successfully secure those …
Why Museums Need Internal Audit
How do you feel when you hear the words “internal audit”? For many people, the answer is a sense of anxiety and perhaps even a muttered “uh oh.” As a group of museum internal auditors, …
60 Ideas in 60 Minutes: Museum Philanthropy & Membership Post Pandemic
Building museum resilience begins with diversifying revenue sources and creating long-term philanthropic partnerships. Philanthropy—and its symbolic and lucrative community-centered …
What makes a successful museum cafe?
The Museums Association (UK) blog posted this article interviewing George Ryle, head chef at the award-winning Garden Museum cafe about what makes a museum cafe …
Governmental Accounting Standards Board
Governmental Accounting Standards Board (GASB) establishes standards of financial accounting and reporting for state and local governmenta…
Get Smart About Art Donations
The majority of non-cash giving in the U.S. comes in the form of donated household goods, like gently used clothing, books, and blankets. But according to the Internal Revenue Service …
Financial Accounting Standards Board
The Financial Accounting Standards Board (FASB) is the designated organization in the private sector for establishing standards of financial accounting and reporting. Its standards govern …
Publication 956: How To Depreciate Property
The Internal Revenue Service’s (IRS) Publication 946: How To Depreciate Property (PDF) explains the general rules for depreciation and how to figure it. This resource was collected …