EO Impact: Is There an Existential Threat to Nonprofit Status?
Summary by American Alliance of Museums
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EO Impact: Is There an Existential Threat to Nonprofit Status?
Charitable giving may fluctuate year to year, tourism ebbs and flows, your museum’s endowment will perform better some years than others. That’s normal and expected, and nonprofits have traditionally cobbled together a diverse set of income streams to buffer themselves from the vagaries of any one source. Bundled together, the four pillars of income—government, earned, charitable, and investment—create a stable base for museum operations, with o…
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