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Lecture

Lecure Notes

by OC65

Department
Arts Management
Course Code
VPAA12H3
Professor
Anne Frost

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VPAA12
Jan 5, 2010
Course Content
1/3 audience development
1/3 government
1/3 fundraising
-profit versus not for profit
oin not for profit it is called a surplus not a profit if there is money left over. The
surplus must then serve the mandate
othe business cycle can differ in the two sectors
ono one owns a not for profit
-mandate driven is another term for not for profit
oarms length principal – you are not answerably directly to the politicians – the
funding body (councils) have money from the government -
odevelopment is also sometimes called advancement
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