Remove Budget Remove Consultant Remove Liability Insurance
article thumbnail

What’s the Cost Behind Starting a Nonprofit Organization in 2025?

Grant Writer Team

That’s why thorough planning and budgeting are so important. Consultation Services: Professional assistance with the application can range from $1,000 to $3,000, depending on complexity. Marketing Materials: Budget $500 to $1,500 for printed materials, social media ads, and outreach efforts.

article thumbnail

What Are 7 Common Nonprofit Startup Costs?

GrantNews

Most nonprofits set aside a percentage of their annual budget to go toward staffing. This number can vary depending on the size of the nonprofit, but for most, this is anywhere from 60-90% of their annual budget. The price of this insurance can vary depending upon the coverage plan chosen.

article thumbnail

Does Revenue Diversification Actually Work for Nonprofits?

Peak Proposals

If you have a number of active grants, you might be able to cover your unrestricted costs if each of your awarded grants allows for at least a percentage of the budget to go toward overhead costs. capped at 10%)—or if several of your grants don’t allow overhead costs at all—then you can quickly run into budget difficulties.