Next Webinar Watch Party: Understanding Full Cost

Join New Jersey State Council on the Arts, Nonprofit Finance Fund, and other nonprofit leaders for a Webinar Watch Party series on key financial management concepts for arts nonprofits. Covering everything from cash flow planning to financial storytelling, this series is meant to give nonprofit arts leaders a comprehensive understanding of the techniques they need to run effective organizations for the long haul.

Each session will be a Watch Party during which nonprofit leaders will come together virtually, watch the webinar together, and have the opportunity to ask NFF staff members questions following the session.

Each session will be approximately 90 minutes. This series will be held through June 12, 2024.

Watch Party materials will be provided upon registration. Join us for the full series, or drop into the sessions most relevant for you and your organization!

PLEASE NOTE: Each session requires registration. You cannot register for the entire series at once.

Next Watch Party:

May 8, 2024 | 1:30 PM – 3:00 PM

Understanding Full Cost

Full cost refers to the true cost of doing business for nonprofits, including total expenses, working capital, and reserves. In this webinar, NFF will walk you through the full cost of operating your organization and communicating that cost to funders. We’ll define the components of full cost, provide language that names and claims nonprofits’ full cost needs, offer guidance for prioritizing your organization’s hidden costs, and share tips for discussing full cost with key stakeholders.

May 29, 2024 | 1:30 PM – 3:00 PM

Partnerships and Collaborations

Nonprofits are exploring new ways to work with like-minded organizations. In this webinar, you will learn how to recognize the conditions for successful collaborations, evaluate mission alignment, assess prospects, and facilitate productive conversations with potential partners. NFF will cover the difference between partnership and collaboration, strengths and full costs in partnerships and collaboration, value propositions for collaboration, partnership and collaboration finances, and potential barriers to forming new partnerships.

June 12, 2024 | 1:30 PM – 3:00 PM

Telling Your Financial Story to Different Audiences

Nonprofit leaders must know, own, and effectively articulate their organization’s financial story. By communicating this story well, leaders build trust and credibility, contextualize financial reports, connect finances to mission, and advocate for their organization’s needs. In this webinar, NFF will guide you through the process of crafting a compelling financial story for your organization with budgets, dashboards, financial statements, and other materials. NFF will also offer techniques for getting to know your various audiences, positioning your financial story for each of your audiences, and engaging your board and other stakeholders during times of crisis.

If you require accessibility services, please contact Access Coordinator Lindsay Dandeo by April 17, 2024. Phone: 609-984-7023 (NJ Relay 711)

Please note, Zoom's automated captioning feature will be available.

To learn more about offerings for artists and arts organizations, sign up for our monthly Opportunities for the Field email.

The New Jersey State Council on the Arts, created in 1966, is a division of the NJ Department of State and a partner agency of the National Endowment for the Arts. The Council was established to encourage and foster public interest in the arts; enlarge public and private resources devoted to the arts; promote freedom of expression in the arts; and facilitate the inclusion of art in every public building in New Jersey. The Council believes the arts are central to every element we value most in a modern society including: human understanding; cultural and civic pride; strong communities; excellent schools; lifelong learning; creative expression; and economic opportunity.

To learn more about the Council, please visit www.artscouncil.nj.gov.

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