Arts Organizations Can Now Put Finances Under a Microscope
In newly available free analyses using Cultural Data Project info
The Cultural Data Project (CDP) recently launched a new, free tool to analyze the health of nonprofit organizations. It is available to all participants in the CDP. The Nonprofit Finance Fund Financial Health Analysis (FHA) is a suite of reports that provides an in-depth look at an organization's financial strengths, weaknesses, and business dynamics. It was developed in collaboration with financial experts at Nonprofit Finance Fund and is powered by the organization's CDP data. The Financial Health Analysis joins many other automatically-generating CDP reports, including those allowing a nonprofit organization to review their finances over years or to compare themselves to similar organizations.
California is the third state to participate in the Cultural Data Project. More about the California CDP.
To access the new FHA, just log in to the CDP and click on the gold My Reports button on the left sidebar. You will find the Nonprofit Finance Fund Financial Health Analysis beneath a new section called Powered by CDP.