Looking for ways to increase your organization’s stability and restart your programs? Learn how fully secured borrowing can work for you.
We know that non-profit arts organizations across the country face an
unprecedented
challenge and the road to recovery will be rocky. Their
primary source of income — program earnings and contributions — have been devastated by the on-going coronavirus pandemic. Cultural programs have been postponed or cancelled, and the ability to fund raise has been limited
.
"Many in the cultural sector have not taken advantage of fully-secured borrowing, but they should," said ArtsWA Executive Director Karen Hanan. "We want to show how fully secured borrowing can help non-profit arts organizations as they work to recover from this crisis."
In 1998 the Northwest Folklife Festival found itself in serious financial trouble. But its Board President Irene Namkung urged the board to adopt Richard and Anna Linzer’s approach to fully secured borrowing. Within weeks, Northwest Folklife was solvent and back to the business of running the largest free festival in the Pacific Northwest.
Join Linzer and Namkung as they describe how “fully secured borrowing” can help non-profit arts organizations regain stability in these uncertain times.
The Creative Borrowing webinar is hosted by ArtsWA, Oregon Arts Commission, and Arts Idaho. It will be held on Wednesday, June 10, 2020 at 1:00 p.m. (PST)
.
Registration is free
.
Click HERE to register.
The webinar is limited to 500 participants but will also be live-streamed on TVW, Washington State's public affairs television network.
