Kate Barr, President & CEO of Propel Nonprofits, shares her notes on NCAR’s new bottom line report, including why small organizations are better able to adapt and manage expenses to match revenue.
In our new Expense Report, we find that within arts and cultural organizations nationally, a healthy portion of expenditures are for the people directly involved in delivering the organization’s mission-related programs
New NCAR Report Says Payment to Artistic and Production Personnel is the Largest Expense for Arts Organizations
This edition, which focuses on expenses related directly to the cost of programming, shows that two-thirds of total program-related expenses, or 42% of all operating revenue, goes to payment of program-related personnel.
The Boston Consulting Group (BCG) provided nine weeks of pro-bono consulting to assist NCAR in establishing a vision, mission, scope, governance and structure. The work resulted in a strategic plan for NCAR’s first three to five years, and BCG continues to support our efforts through representation on our Advisory Board.
