ARLE 30203 Financial Management and Fundraising in Arts Organizations
Prerequisites: ARLE 20103. This course covers two important areas of leading a nonprofit arts organization or managing your own artistic career. Financial management includes establishing internal controls, risk management, accounting and financial information systems and professional standards, financial statements, budgets, endowments and restricted funds, earned income, and external reporting through audits and the 990, and tax laws for nonprofits arts organizations. Fundraising and development include trends and motivations of donors to arts organizations, the board's fundraising responsibility, fundraising campaigns, and support systems, planned giving programs, donor relationships, grant writing and management, and fundraising ethics and professional standards.