From the blog of Rebecca Thomas, who delivers GIA’s Conversations on Capitalization and Community workshops, a new post provides an overview of risk capital and how it can be used by arts organizations:
How Arts Organizations Can Take Advantage of Risk Capital
Risk capital is unrestricted, board-designated money that allows organizations to take business risk or pursue artistic opportunities. . . . Capital for risk-taking plays an essential role as part of a comprehensive capitalization plan, which examines all priorities for cash and evaluates their importance in the context of financial, strategic and community imperatives.