Phase I of the initiative, includes an in-depth field diagnostic and educational program, as well as capacity building and financial sustainability for IABD itself, resulting in immediate infrastructure and operating support to develop a business model. Thirty-five (35) member organizations will also participate in a sector landscape study to include a financial diagnostic, needs assessment analysis, and presentation of findings.
As part of the overall initiative, IABD will also partner with the Nonprofit Finance Fund (NFF) to pilot a capitalization project that moves beyond a conversation regarding the importance of equitable funding practices into strategy and action. NFF, with assistance by IABD President and CEO, Denise Saunders Thompson and Baraka Sele, Independent Arts Consultant, will conduct a collaborative program to deliver methodologies and resources to IABD members to strengthen their organizations. Analytical data, training, and planning for an inclusive and comprehensive blueprint to address long-term stability and capitalization needs will be provided by NFF for these critical dance organizations.
Read more here