The governing body of a corporation

A group of individuals without voting rights who advise a board of directors on their areas of experience

A group with non-voting rights that perform a function (usually fundraising) for a not-for-profit organization

An honorary title given to a person who has retired from regular service but retains the title of that office

"By virtue of office or position." A member of a governing board who serves on the board because of a particular position they hold.

The legal responsibility to act wisely on behalf of the organization

Which of the following is not one of the three duties of fiduciary responsibilities

Condition that exists when the personal interest of a member of the board or staff differs from their obligation to the organization is called a conflict of 

A year as reckoned for tax or accounting purposes

Person or group affected by the organization and its decisions

Boards commonly assign each member to sit on or even chair a committee to be active in its work, this is known as 

Which mode of governance is primarily concerned with the stewardship of the organization's resources and missions (budget, legal issues, accountability?

Which mode of governance is focused on creating new ideas for the organization

Which mode of governance helps the organization set priorities, allocate resources, and plan programs?

The practice of grouping routine business reports into one agenda that can be passed with one vote instead of filing motions for each item 

Process of identifying prospects and making calls on potential donors

A committee, often mandated in the organization's bylaws, that has a continuing existence

Committees or other entities that come into existence for a particular purpose and disband when they have completed that purpose

Assigning an experienced board member to an inexperienced one for purposes of training

Programming that takes as its goal the accomplishment of the organizational mission rather than profit

Arts organizations that host performances by touring companies

Performing arts organization that creates original plays or concerts

Defined by several criteria depending on the organization's mission, using "strategic . . . measures of success and general artistic principles"

Who is ultimately in charge of the artistic direction of an organization?

It is important to involve artists in administrative functions such as the board of directors, committee work, and procedure manuals.

Artists consider providing artistic work for free fair compensation for market exposure.

Used in the organizational sense to mean the characteristics that make humans different from each other

The guarantee of fair treatment, opportunity, and the advancement for all while working to eliminate barriers that have limited fair treatment

The purposeful process of ensuring that all individuals can fully participate in all aspects of the organization, including the decision making process

A financial award from a foundation of government source is a 

A charitable organization that manages funds and grants them according to the mission

Gifts of goods and services are called

Another name for the fundraising function within a not-for-profit organization

Any not-for-profit organization that already holds a 501 (c) (3) exemption and has agreed to accept contributed funds for non-exempt organizations, for example, arts councils.

The act of giving to charitable causes

The largest percentage of donations comes from

A legal structure in which money to be used for a particular purpose is protected

A foundation, formed with personal funds, that gives grants compatible with the interests of the donor or donors

A type of foundation in which funds from various donors are pooled and granted to causes that benefit the community

According to a fundraising maxim, how many years does it take to get a gift from a donor?

Which association sets ethical principles for fundraising?

Keeping a list of potential donors, along with detailed information on the priorities and application procedures is called

Goals are approved for each type of fundraising that goes into the organization's contributed income mix.

Which of the following is NOT one of the three Whys of an appeal letter?

A monetary gift to a not-for-profit organization from a legal entity such as a foundation or government agency upon submission of an application or proposal is called a

Arts proposals that give the impression that the program should be funded just because it is "good art" often fare well in the granting process

Some grantors request applicants to explain how funding will be obtained for the project once the grant has expired.

When seeking a corporate sponsorship, who is your competition?

With an initial corporate visit, an organization will often present possibilities at different costs for different types of exposure.

The process of giving equitable access to everyone along the continuum of human ability and experience

The acknowledgement that cultural differences between people exist, without assigning positive or negative attributes to these differences

A delivery method with both live and virtual options

Which audience and community consideration is or isn't being considered in the example of an audience member complaining about mosquitos during an outdoor performance?

Which measure of success is being used in this example, a discount on a season subscription for patrons who attend the annual holiday performance?

Extended research to determine whether an organization has the resources to achieve a successful new program

Something that is produced; in a planning sense refers to the results of a program or activity without evaluation against goals or objectives

Results; used in a planning sense to evaluate goals and objectives

A document that outlines in graphic form the planning process for a program and the relationship of inputs to outcomes

Evaluation that takes place while an event is taking place to measure if it is progressing towards its goals

Evaluation that takes place once an event is completed to form conclusions about future programs

Evaluation that involves numbers and hard data.

Intangible measures, such as anecdotes and observations, to evaluate an event

Results that can be quantified

Which type of evaluation method is being used in the example of sampling random people from the public "to find out how much they know about upcoming programs, and then sample again after a marketing campaign or introduction of a new program."

The act of taking care of resources that have been entrusted to people or organizations

A donation that must go to for a specific program or purpose

A donation for which the donor has made no restrictions on the use of funds

Bookkeeping method in which each transaction is recording as affecting two opposite categories

Income exchanged with a buyer for goods or services as in ticket sales, merchandise sales, admissions

Income gifted in support of the mission

Things a business owns that has cash (material) value

What the organization owes to others

Transactions are entered into the accounting system at the time of completion like a checkbook

Transactions are entered into the accounting system at the time they are initiated

An income item that has been promised but not yet received

An expense that has been initiated but not yet paid

Annual report, entitled Return of Organization Exempt under 501 (c)(3) required by the IRS for non-profit organizations

Lists the income of the organization has received and the expenditures that have been made during a particular financial reporting period

Shows assets and liabilities, a snapshot of the organization's financial status at a particular time, used to assess the organization's financial health

Assets that can be converted into cash in the fiscal year

Assets that are not easily convertible into cash, for example, a building

On the statement of position, assets minus liabilities equals

Projections that allow an organization to predict when income will come in and when expenses will be incurred

A permanent savings account set up so that the original funds are never touched, but interest from the savings account can be used for the intended purpose