This session is part of the 2017 Minnesota Council of Nonprofits Annual Conference. Attendees must be registered for the conference.
The nonprofit sector has never been under more pressure to innovate and adapt to a shifting environment. Yet current funding for innovation rarely reflects the type of capital seen in traditional VC, tech startups, or even challenges like Y-Combinator and our local MN Cup. Join Damon Runnals, former Executive Director for the Southern Theater, as he discusses learning points from the creation of ARTshare – the Twin Cities first all access performing arts membership program. This session will look at if what it might look like if foundational support took more chances and was similar to what the tech sector has come to expect in their innovative endeavors. This workshop will examine strategies for going without funding and explore the risks involved when launching major initiatives while still running your nonprofit. Lastly, this session will discuss what other / newer sources of revenue can be generated to support new programs.
Damon Runnals, Constructive Consultant, Next In Nonprofits, Minneapolis, MN; Jamie Schumacher, Executive Director, West Bank Business Association