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Strategic Budgeting & Scenario Planning with the Nonprofit Finance Fund

 

Date: Thursday, November 2, 2023

Time: 10:00 a.m. – 11:30 a.m.

 

As our landscape has endured foundational changes over the past three years, arts & cultural organizations have had to quickly pivot and adjust. A crucial tool for navigating a rapidly changing environment is a flexible budget that provides visibility into risks, changes, and the “what ifs.” Join ArtsFund and the Nonprofit Finance Fund for a Strategic Budgeting & Scenario Planning webinar.  

This training will focus on budgeting techniques and tools that can increase visibility and enable timely decision-making. In this 90-minute session, NFF consultants Meadow Didier and Sarah Stricklin, will guide participants through:

▪ Strategies for identifying risks and opportunities within existing budgets

▪ Budgeting strategies and formats that increase the utility of budgets for decision-making

▪ Scenario budgeting and planning tools to navigate unknowns

This training will help participants improve the flexibility of their budgets and add visibility for risks, timing considerations, or potential triggers for decisions.

All participants will also receive a worksheet to help create and prioritize scenarios and a scenario planning tool with instructions.

Please note that this webinar will be recorded and will only be distributed to registrants after the event. If you are interested in the content, but unable to make this time, we encourage you to register to receive the recording after the event.  

Follow-up Group Coaching Sessions

ArtsFund is pleased to host follow-up, drop-in zoom group coaching sessions, facilitated by the Nonprofit Finance Fund (NFF). These sessions are offered subsequent to the Strategic Budgeting & Scenario Planning webinar, and are intended to be unstructured conversations, guided by your questions. Attend to ask your specific questions and learn from NFF and your peers.

Please note that attendance at Strategic Budgeting & Scenario Planning on 11/2 is not required to join this unstructured conversation.

When?

▪ Group Coaching Session 1: Strategic Budgeting & Scenario Planning, November 7, at 9:30 a.m. This session will be geared towards organizations with budget sizes over $1 million but is open to all.

▪ Group Coaching Session 2: Strategic Budgeting & Scenario Planning, November 27, at 2:00 p.m. This session will be geared towards organizations with budget sizes under $1 million but is open to all.

Accessibility

Automatically generated captioning will be provided. There is space on the registration form to indicate any additional accessibility features needed to participate.

Accessibility

ASL Interpretation

Closed Captions 

Visual descriptions

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About the Nonprofit Finance Fund

For over 40 years, the Nonprofit Finance Fund (NFF) has been working to connect money to mission, providing nonprofits with strategic financial management consulting services, access to capital, and thought leadership and advocacy.  

NFF has always asserted that creating a strong, well-capitalized, and durable nonprofit sector is crucial to delivering mission-driven programs and services. Organizations using clear, accurate, and relevant financial data in decision-making can better understand their ability to handle risk and pursue opportunities; therefore, they are better able to create sustainable and successful business models that deliver effectively and meaningfully on mission. NFF’s methodology centers on ensuring that nonprofits not only have financial data that accurately reflects their true operating performance, but also have the tools and understanding to use this information. 

Presenters

Meadow is smiling at the camera. She is a white woman with mid-length brown hair and a teal shirt.

 

 

Meadow Didier

As a member of the Consulting team at NFF, I support nonprofit leaders in creating the space they need to think strategically about financial issues, with the goal of strengthening their ability to deliver impact. Nonprofit organizations are the ones on the front lines fighting for justice and vital social change, and I’ve spent my career wading through the weeds of nonprofit finance to make those jobs easier. When I’m not wearing my finance hat, I’m volunteering with my local community, reading through precariously balanced piles of books, and exploring the outdoors. 

Stricklin is has shoulder-length brown hair, gold earrings, and an olive-green collared shirt. They are standing indoors and smiling at the camera.

Sarah Stricklin

Sarah Stricklin (they/them) is an enthusiastic Manager on the consulting team, eager to serve the nonprofit sector alongside the kind and noble-minded people at Nonprofit Finance Fund. Sarah is an arts administrator, focused for the last 15 years on producing and managing nonprofit arts and culture. Their expertise includes leading mission and board formation, process and program development, strategic planning, and financial management. In 2020, they founded the Center for Cultural Community, which continues to build and cultivate support for creative people in Central Arkansas. They are a professional vocalist and musician and an arts evangelist taking any opportunity to advocate the immense potential of our creative community. They hold a Master of Arts in Arts Administration from Indiana University’s O’Neill School of Public and Environmental Affairs and serve on multiple boards.

Thanks so much and really looking forward to working with you!

About ArtsFund

ArtsFund supports the arts through leadership, advocacy, and grantmaking in order to build a healthy, equitable, and creative Washington. Over its grantmaking history, ArtsFund has supported more than 650 arts organizations with more than $115 million in grants and championed leadership and advocacy for the cultural sector through programs such as Board Leadership Training, the Cultural Partners Network, and Building for the Arts capital funding. Join us and learn more at www.artsfund.org.

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