Financial Stability Resources

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Retrenchment

Retrenchment or Downsizing

American Alliance of Museums

The Alliance provides information for museums considering retrenchment or downsizing. The document addresses collections and human resources, and considerations for museums with non-museum parent organizations.

When Less is More

American Alliance of Museums

Museum magazine explains that staff reduction and shrinking budgets can lead to many museums prioritizing and focusing on doing good work, clarifying impact they want to achieve in communities, and focusing on quality and relevance.

Reduce Risk During Layoffs

Minnesota Council of Nonprofits

The Minnesota Council of Nonprofits answers questions about reducing the organization’s risk during employee layoffs.

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