Two opportunities from Elliott Davis
Managing finances is a critical component of running any business.
Arts and cultural organizations are no different, but most often differ in approach. Not to be overly general, but where their non-arts counterparts of all sizes might be owned or managed by business-school grads who know their way around balance sheets, an arts-based business is likely operated by creatives more familiar with drop cloths and sheet music than spreadsheets.
Nick Annan of Elliott Davis is inviting arts organizations to one of two late-October seminars in the Midlands to see whether they can benefit from the could accounting and best practices of QuickBooks online.
“For no cost, you will be able to learn about some of the time-saving features of the system and have the opportunity to ask questions of an Intuit product consultant,” Annan said.
QuickBooks, by Intuit, is an industry-leader in computerized financial management tools for business. There will be two events:
Annan said anyone thinking about using QuickBooks is welcome to attend, with the most appropriate attendee being the person from the organization most likely to use that system to manage finances (or an executive director). He and his team have had success working with arts and cultural organizations and see potential in the sector. A musician himself, Annan wants to combine his passions of music and arts with his love of his vocation.
The S.C. Arts Commission, South Carolina Arts Alliance, and the Gaylord & Dorothy Donnelley Foundation have partnered in the past to present “A Stronger Bottom Line” to SCAC grantee arts organizations with budgets between $200,000 and $750,000. While the upcoming QuickBooks Seminars are presented without respect to budget size, services from Elliott Davis for ongoing accounting and finance services can be determined through consultation.