Dynamic Adaptability: Arts and Culture Puget Sound

Dynamic Adaptability > Cultural Capital

Cultural Capital: Tools for Managing Revenue and Risk

February 8, 2010, Town Hall, Seattle, Washington

This session featured an opening plenary by Clara Miller, President and CEO of the Nonprofit Finance Fund (video below). Clara focused on fresh ways to apply nonprofit financial management and capital strategies to building and sustaining healthy cultural institutions. Afternoon workshops provided opportunities for Northwest nonprofits and funders to delve deeper into these ideas.

Watch Clara Miller's Keynote Presentation

Materials

• Enterprise Finance for Artistic Vibrancy in Changing Times
  (Slides of keynote by Clara Miller, President and CEO, Nonprofit Finance Fund)
  Keynote Plenary, Presented by Clara Miller, President and CEO, Nonprofit Finance Fund
• Funder Role in Adaptation to Change
  (Funder workshop presentation slides)
  Presented by Clara Miller, President and CEO, Nonprofit Finance Fund; and David Greco, Vice President, Nonprofit Finance Fund
• Capitalization tools and Strategies for Cultural Organizations in a Changing Economy
  (Cultural organization workshop presentation slides)
  Presented by Kristin Giantris, Vice President, Northeast Region, Nonprofit Finance Fund; and Nicole Simoneaux, Senior Associate, Western Region, Nonprofit Finance Fund
• Capitalization tools and Strategies for Cultural Organizations in a Changing Economy
  (Cultural organization workshop presentation slides)
  Presented by Rebecca Thomas, Director, National Advisory Services; and Paula Smith-Arrigoni, Manager, Western Region, Nonprofit Finance Fund
• Follow up Webinar and Q & A with Rebecca Thomas from Nonprofit Finance Fund, March 11, 2010
  
  View a video of the webinar or view the presentation slides (.pdf)

Background Readings

• Top Ten Finance Essentials. Nonprofit Finance Fund.
• “The Equity Capital Gap,” by Clara Miller. Stanford Social Innovation Review. Summer 2008.
• “America's Greatest 'Public Works',” by Clara Miller. The Chronicle of Philanthropy. January 15, 2009.
• “More from Nonprofits Now Means Less in the Future,” by Clara Miller. The Financial Times. December 9, 2008.

Related Resources in the GIA web library

• Puget Sound Funders Act Together: The impact of the economic recession on cultural organizations
• In the Face of Recession, What Are Arts Funders Doing?: A Snapshot View
• Graceful Exit: Thoughts on End-of-Life Issues for Arts Organizations
• Getting Beyond Breakeven: A Review of Capitalization Needs and Challenges of Philadelphia-Area Arts And Culture Organizations