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Event Date: 12.16.2020
As cultural organizations work to sustain their critical role in their communities through turbulent times, collecting and analyzing financial data is more important than ever to help you weather the storm and prepare for a successful future. We know that many arts leaders take on their roles with great passion for their organizations’ missions, but limited knowledge of the basics of the financial management. This Building Blocks series attempts to fill in the gaps in your financial knowledge, one piece at a time.
In this session, we will explore the concept of a chart of accounts: how it’s directly related to the budget process, how to create and modify, and how to use segments and classes to capture details. All are welcome, but this session is especially geared toward smaller organizations and arts managers with little financial knowledge and experience, and will include time for questions about budgeting and other financial topics. This session is free and available to any cultural nonprofit in Massachusetts.
Captioning is available upon request. If you have additional questions or access requests, please contact Michael Ibrahim.