Nonprofit Finance Fund Professional Development Program

About the Program:

In 2011, the Nonprofit Finance Fund (NFF) launched the second year of an initiative to strengthen the nation's leading arts and cultural organizations. NFF has provided members of TCG, Dance/USA and the League of American Orchestras with financial guidance, tools, training and support to address the challenges precipitated by the economic downturn. The services offered were customized based upon need.

NFF Professional Development Program Services' information is posted on the NFF Group website where you can find general information, updates and the ability to register for upcoming events. If you are a TCG Member Theatre and would like to access the NFF Group website, please email Rachel Hutt.

All of the NFF Professional Development Resources were generously funded by MetLife Foundation.

NFF Professional Development Program Services:

Webinars
Workshops
NFF Office Hours
Webinar & Workshop Archive

Webinars

One-hour webinars are available to download and focus on key areas of financial concern. Webinars are not "live." Related and relevant Q & A can be addressed on the NFF Group website.

Webinars Created Specifically for TCG Member Theatres

Endowments and Capitalization

This webinar discusses the basics of how endowments relate to theatres. The webinar provides some useful tips on deciding whether or not an endowment is right for your theatre as well as offering some alternative ways to help strengthen your theatre's capital structure.

Endowments and Capitalization is available for download.

Facility Projects: Planning, Funding and Financing Strategies

This three-part webinar demystifies the various fundraising and financing strategies available to pay for a facility project. Learn how acquisitions can have impact on your organization's mission, programs, structure, operations, fundraising and financial health. Topics include: planning for your upcoming project and understanding its impact on your organization; the relationship between operating, project and fundraising budgets; an overview of cash flow statements; and the lending process and various financing options.

Session 1: Impact on Operations - How to understand the impact of a project on the current operations of your organization.

Session 2: Building the Project - How to create and manage the critical budgets of a facility project.

Session 3: Financing Your Project - How to pay for your project using several different financing sources and how to understand the loan underwriting process.

Current NFF Downloadable Webinars

To access the following webinars go to the NFF group website. If you are a TCG Member Theatre and would like to access the NFF Group website, please email Rachel Hutt .

Strategic Alliances and Partnerships in the Arts

While it is commonly assumed that strategic alliances always involve mergers, there are many options that not-for-profits can use to develop partnerships to help them achieve mutual goals. Mergers and alliances are powerful leadership tools that can greatly support common mission by building organizational strength. Participants will learn how to use a nationally-recognized framework to decide what type of collaboration to pursue, and they will be better equipped to discuss options for collaboration with other not-for-profits.

Critical Elements in Nonprofit Financial Statements

The purpose of this webinar is to increase the comfort of not-for-profit managers and board members in reading and interpreting not-for-profit financial statements. Learn to balance your organization's mission with its financial realities. You will receive a crash course on interpreting your financial statements to reveal the business underpinning your programs; follow a real-life not-for-profit case study, with financial information drawn to demonstrate how the choices you make impact your organization's financial health and viability; and review the use of financials in articulating your resource needs to stakeholders.

For the corresponding study guide click here.

Cash Flow Planning

This webinar provides participants with tips and tools to understand how to appropriately plan and monitor cash needs by analyzing your incoming and outgoing cash including a detailed lesson on how to use a monthly cash flow projection.

For the corresponding study guide click here.

Sound Financial Planning

This practical webinar provides participants with tips and tools to lead their organizations during challenging times. Using real world examples, NFF offers guidance to enhance staff's understanding of the interplay between financial risk, revenue reliability and fixed costs. It also reviews how this information can be used to inform planning and decision-making organization-wide.

For the corresponding study guide click here.

Accessing and Managing Credit

This practical webinar will offer nonprofit leaders the insight and tools on how an organization is assessed for credit-worthiness, how to leverage financial information for communicating the organization's financial needs and repayment strategies to creditors and how to manage credit effectively.

For the corresponding study guide click here.