Candid

JUNE 24, 2025

Since 2019, U.S. To help navigate the increasingly complex challenges ahead, SMU DataArts analyzed trends based on financial data from 6,498 arts nonprofits that submitted a Cultural Data Profile between fiscal years 2019 and 2024. Here are the key findings and their implications for the field.

Budget

Blue Avocado

MARCH 3, 2025

Lower liability insurance limits First, the community-based nonprofit sector generally must carry lower limits of liability insurance. Most insurance companies have reinsurance in order to protect their solvency and transfer a portion of their liability to the reinsurer. The answer is fourfold.

Insurance

Get Fully Funded

MARCH 6, 2023

You don’t want to spend more than you raise, and poor planning can turn an event into a budget buster that wastes your most precious resource – time and volunteers. Tupperware parties, garage sales, and candle fundraisers will not sustain your budget. The RIGHT event: Raises 10-20% of your annual budget. BUT the flip side?

Fundraising