Short Intensive Course - 20 hours over two weeks in January 2023
No matter what role you play in an arts and cultural organization, understanding its financial foundation is critical to your and the organization's success. Understanding how to best manage finances will help to ensure that the resources needed to plan and realize programming are secured and maintained. You will also be better equipped to communicate with a range of stakeholders including boards, funders, donors, members, lenders, etc. This course is designed to provide this basic understanding.
This course gives an overview, with case studies and examples, of the accounting and financial principles underlying sound management decision-making in non-profit arts organizations. It is divided into two sections:
The course is delivered online for two weeks in a hybrid synchronous and asynchronous format, combining self-paced independent work with interactive seminar and discussion opportunities. The instructor interacts with students and facilitates group discussions within the online learning platform. There are deadlines for readings and exercises.
Note: Excel is a key tool for financial management, so a basic knowledge of this spreadsheet program is valuable. And if you wish to learn more about bookkeeping, there will be supplementary readings.
This course is open to all applicants, however, ideal registrants will be people currently working within small-to-medium arts and cultural organizations, looking to enrich their experience with contemporary thinking and an in-depth approach.
Registrants should apply early as enrolment is limited. Deadline to register is Jan. 20, 2023.
Date: Jan. 23 to Feb. 4, 2023
Price: $250 (+HST)
Instructor: Heather Young
Heather Clara Young, CPB (Principal, Young Associates) has worked in the field of arts management for over thirty years and as a bookkeeper for most of that time. Her experience includes leadership roles with arts and heritage service organizations, theatre and dance producing companies, facilities, festivals and community organizations. Young Associates, founded in 1993, provides full-service bookkeeping and payroll as well as financial planning strategic planning, HR and data management services to not-for-profits and charities, with a special focus on the arts and culture sector. Heather teaches accounting and financial management in Humber College's Arts Management program, and has taught for Humber's Fundraising and Volunteer Management program and University of Toronto's Arts Management program. She was the 2012 recipient of the Sandra Tulloch Award for Innovation in Arts and Culture, and a 2004 recipient of Humber College's Continuing Education Award of Excellence for Outstanding Academic Contribution. Finance for the Arts in Canada (2005, 2023) is a unique self-study guide, reference source and textbook for the accounting and finance functions in cultural organizations.
