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Nonprofits may need to spend about one-third of their budget on overhead to thrive – contradicting a rule of thumb for donors

  • Written by: Hala Altamimi, Assistant professor of Public Administration, University of Kansas
Nonprofits may need to spend about one-third of their budget on overhead to thrive – contradicting a rule of thumb for donorsTo serve the public, museums need to spend money on outreach.Barry Chin/The Boston Globe via Getty Images

Nonprofits that spend more on information technology, facilities, equipment, staff training, program development and fundraising tend to be more successful than those that scrimp on these"overhead expenses.“ But many donors are reluctant...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

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Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

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Click Frenzy returns with a free EOFY sale event for retailers this month

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The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...