question archive The Business of the Arts   List and briefly define the four main revenue categories of an arts organization In one sentence, please explain how these categories are different from a for-profit business From the perspective of an arts or cultural organization, please provide three different definitions of the word "audit" Please define the following (from an arts perspective) Treasurer (from a board perspective) Secretary (from a board perspective) AGM Fiscal Year (or Financial Year) Accumulated deficit Earned Revenue HST Fiscal year-end Operating vs

The Business of the Arts   List and briefly define the four main revenue categories of an arts organization In one sentence, please explain how these categories are different from a for-profit business From the perspective of an arts or cultural organization, please provide three different definitions of the word "audit" Please define the following (from an arts perspective) Treasurer (from a board perspective) Secretary (from a board perspective) AGM Fiscal Year (or Financial Year) Accumulated deficit Earned Revenue HST Fiscal year-end Operating vs

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The Business of the Arts

 

  • List and briefly define the four main revenue categories of an arts organization
    • In one sentence, please explain how these categories are different from a for-profit business
  • From the perspective of an arts or cultural organization, please provide three different definitions of the word "audit"
  • Please define the following (from an arts perspective)
    • Treasurer (from a board perspective)
    • Secretary (from a board perspective)
    • AGM
    • Fiscal Year (or Financial Year)
    • Accumulated deficit
    • Earned Revenue
    • HST
    • Fiscal year-end
    • Operating vs. capital expenses
    • Endowment Fund
    • Income Statement
    • Balance sheet
    • Assets

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