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How to Make Your AMS a Revenue Generator, not a Cost Center

MatrixG

I attend a lot of webinars and conferences about non-dues revenue, including Non Dues-A-Palooza. I realized recently that hardly anyone is talking about AMS (association management system) as a revenue generator ; this makes no sense to me! So why isn’t your AMS part of YOUR association’s non-dues revenue strategy? Hard to know.

Revenue 105
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3 ways to generate non-dues revenue

Association Success

The American Society of Association Executives (ASAE) Foundation regularly reports on association sources and ratios. According to a November 2016 report , revenues from membership dues were down to 45% of total revenue for trade associations and a meager 30% for professional associations. A LA CARTE MEMBERSHIP PERKS.

Revenue 148
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Funding Your Mission: 4 Nonprofit Financial Management Tips

NXUnite

Your team likely plans and launches multiple fundraisers throughout each year to bring in enough revenue to fund the various initiatives associated with furthering your mission. Let’s break down the two sides of an operating budget—revenue and expenses—in more detail.

Tips 130
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BDO Report: Nonprofits Prioritizing Long-Term Resiliency

Associations Now

Among the ways they’re ensuring resiliency: by updating their mission, diversifying revenue sources, and investing in technology. Some of the ways that nonprofits are addressing these challenges are by shifting the scope of their missions, investing in technology and cybersecurity, and seeking new avenues of revenue.

Report 80
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Skyrocketing Costs Squeeze Event Budgets

Velvet Chainsaw

Travel costs are rising due to strong demand (led by the leisure sector). Following are considerations gathered from industry media, meetings market surveys and anecdotal reports from Velvet Chainsaw Consulting clients. As the cost of jet fuel and gasoline increases those costs are borne by the meeting organizer.

Cost 59
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Don’t stop learning: How to repurpose content for long-term revenue

Freestone

Read our blog to discover how your continuing education program can repurpose content from live events, drive long-term revenue, and attract new learners. Drive more revenue By repurposing your continuing education program content, you can generate additional revenue. What does it mean to repurpose content?

Content 78
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What Associations Can Do to Close the Nondues Revenue Gap

Associations Now

Nondues revenue can be crucial for an association’s financial stability. Accounting for a substantial portion of many organizations’ budgets, it covers operational costs, staff salaries, and program expenses. Without nondues revenue, associations could face difficult decisions.

Revenue 64