From Janet Brown from her blog Better Together
Grantmakers in the Arts is in the midst of presenting Conversations on Capitalization and Community in five cities over two months so my mind is a bit warped with an excess of nonprofit financial health talk. Making a profit for nonprofits isn’t easy because we fight public perceptions that we should have no profits, funding criteria that punishes profit and a professional norm that encourages any profit be spent on making the product of the nonprofit better.