MNA offered a “snapshot” of responses made by the top of 2020 within the influence survey. It is persevering with to take responses for the examine within the hopes of accumulating a broader pool of responses from the state’s nonprofit sector and getting a way of the influence the second spherical of PPP and annual appeals which are closing out may have for nonprofits, Kuhn mentioned.
Over half of the nonprofits responding to the MNA survey mentioned they’ve six months or much less of working money available, Kuhn mentioned.
That is alarming, “but it surely supplies alternatives to consider options earlier than issues get right into a panic” with extra cuts or furloughs, programmatic cuts or worst-case state of affairs, shutting their doorways, she mentioned.
Fifty-three p.c of nonprofits reporting lower than six months of working money mentioned their principal income comes from annual fundraisers/occasions. One other 46 p.c depend on particular person donations as the principle supply of their funding. Fifty-five p.c are experiencing monetary misery and most estimate losses this yr of 11 p.c to 30 p.c.
Amongst different findings, the survey reveals that nonprofits are doing extra with much less. Over half of the nonprofits surveyed have expanded applications and/or launched new applications to satisfy group wants. On the similar time, 1 / 4 of respondents mentioned they needed to lay off or furlough staff, most of them program or administrative employees.
“When mixed, the responses to the survey inform (nonprofits’) story of resourcefulness and resiliency,” Kuhn mentioned. “They’ve needed to adapt and pivot program and repair supply … all whereas ensuring individuals are secure.”
The way in which nonprofits are delivering applications and providers could change for good, MNA mentioned. Over half of nonprofits responding anticipate holding a hybrid work tradition, even after restrictions are lifted.
MNA is sharing the outcomes of its survey, particularly across the variety of nonprofits with six months or much less of money reserves available, to foster broader considered options which are wanted, together with donors giving as a lot as they’ll and the significance of unrestricted grants to assist fund operations, Kuhn mentioned.
“Because the starting, nonprofits have been offering applications and providers that deal with points and clear up issues on account of the pandemic,” she mentioned.
“If nonprofits aren’t offering these providers, who will?”