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lcarlton

THIS IS HUGE - Columbus Saints | Fee Reduction & B-Flat Brass!

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Everything should be done for profit? Then there would be no members in the corps. Work all weekend, no pay, and you have to pay for right to do it. 

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39 minutes ago, cybersnyder said:

Everything should be done for profit? Then there would be no members in the corps. Work all weekend, no pay, and you have to pay for right to do it. 

Such great heights! 

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46 minutes ago, Poppycock said:

Such great heights! 

No idea what that means. 

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5 hours ago, cybersnyder said:

No idea what that means. 

Such great heights!

I’m sure you know nonprofits purpose is to raise money which is used to grow the organization and further support its mission.

In other words, any profit a nonprofit makes can't be returned to investors in the form of profits or dividends.

The business of nonprofits is to make money, structured as a for profit business under nonprofit status. But if your nonprofit makes money in ways that are unrelated to its mission, the income from those activities will be taxable. Successful nonprofits know how to diversify helping to raise or make more money related to its mission. 

With performance arts. Members pay for the experience that is being offered and the members will determine the value of that experience, don’t over promise and under deliver. Students will see right through that and they know ten people who know ten people etc. 

Profit is not a dirty word! 

Edited by Poppycock

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The IRS is way understaffed, they'll never take a first or second look at a drum corps that operates on a $40-50k annual budget. Nothing nefarious here, they just cut a trip to lower their costs to the marching members. 

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4 hours ago, Poppycock said:

Such great heights!

I’m sure you know nonprofits purpose is to raise money which is used to grow the organization and further support its mission.

In other words, any profit a nonprofit makes can't be returned to investors in the form of profits or dividends.

The business of nonprofits is to make money, structured as a for profit business under nonprofit status. But if your nonprofit makes money in ways that are unrelated to its mission, the income from those activities will be taxable. Successful nonprofits know how to diversify helping to raise or make more money related to its mission. 

With performance arts. Members pay for the experience that is being offered and the members will determine the value of that experience, don’t over promise and under deliver. Students will see right through that and they know ten people who know ten people etc. 

Profit is not a dirty word! 

Wth... “investors”? “Making money” by cutting a trip?

Edited by JimF-LowBari

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2 hours ago, JimF-LowBari said:

Wth... “investors”? “Making money” by cutting a trip?

They were bragging about saving money by not losing 3k by doing band exhibitions in Wisconsin for free. I pointed out that doing anything for free is poor judgment on behalf of the administration. Nonprofits should raise money to further support their mission not lose money.

Reducing fees never guarantees more members and usually creates an additional need for the organization to supplement the loss of revenue. Reduce tuition - increase supplemental revenue - more performance revenue, donors and sponsors are needed. Especially on a 40-50k operating budget. However this is a community outreach program first and foremost. Just saying! 

Edited by Poppycock

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