Select Page

SDM Accounting Insights: Making Your Nonprofit’s Special Event Profitable

SDM Accounting Insights: Making Your Nonprofit’s Special Event Profitable

 
 
00:00 / 00:03:05
 
1X

As in the for-profit world, sometimes not-for-profits need to spend money to make money. This is particularly true when it comes to fundraisers. At the same time, it’s critical that you make a budget and stick to it. Estimate expenses for such items as facility rental, food and drinks and entertainment, and then scrutinize the list for what can be reduced or cut. You might be able to find a business sponsor to help defray costs. Just be careful. Don’t promise too much in sponsor benefits, such as free advertising. It could lead to unrelated business income tax problems. Contact us for more tips.

Contact Us
close slider

GET IN TOUCH

Would you like to contact us? Just submit your details and we’ll be in touch shortly.



Do NOT follow this link or you will be banned from the site!