Barbara M. Tagg
- Published in print:
- 2013
- Published Online:
- May 2015
- ISBN:
- 9780199920686
- eISBN:
- 9780190268350
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:osobl/9780199920686.003.0006
- Subject:
- Music, Performing Practice/Studies
This chapter suggests ways a nonprofit children’s choir or youth choir organization can successfully navigate the financial world. When a new choir is established, artistic planning should be ...
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This chapter suggests ways a nonprofit children’s choir or youth choir organization can successfully navigate the financial world. When a new choir is established, artistic planning should be accompanied by responsible financial planning while a solid financial structure is necessary to sustain it. Managing balance sheets, revenue streams, grant writings, audits, and annual budgets is important in securing a strong financial structure for the choral organization. The founding director will likely have a good understanding of what specific resources will be needed because he knows what the vision will be for the choir.Less
This chapter suggests ways a nonprofit children’s choir or youth choir organization can successfully navigate the financial world. When a new choir is established, artistic planning should be accompanied by responsible financial planning while a solid financial structure is necessary to sustain it. Managing balance sheets, revenue streams, grant writings, audits, and annual budgets is important in securing a strong financial structure for the choral organization. The founding director will likely have a good understanding of what specific resources will be needed because he knows what the vision will be for the choir.
