What’s the first step to raise revenue? While it’s natural for nonprofit organizations and boards to start combing through their contacts to make the ask, it’s important to take a step back and look at the big picture first. Not all revenue is created equal – and focusing on your highest-potential funding opportunities is key for sustainable growth.

Spectrum Nonprofits is hosting a free webinar on January 17th that can help you:

One of the last acts of the prior Congress was to pass a $1.7 trillion omnibus spending bill (H.R. 2617) to fund the federal government for the remainder of the fiscal year (through September 30). Unfortunately, despite nonprofit advocacy, Congress did not include several nonprofit sector policy priorities in the law. Specifically, the omnibus spending bill does not restore the universal charitable deduction and two other incentives for charitable giving that expired at the end of 2021, nor does it retroactively restore the Employee Retention Tax Credit, which Congress terminated after the third quarter of 2021. It also does not reinstate the enhanced child tax credit.

Along with our colleagues nationally, MANP will persevere in building relationships with lawmakers and advocating for policies that recognize the vital contributions--and continuing vulnerabilities--of Maine nonprofits. You can read about the National Council's 2023 public policy agenda here.