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Revenue Generation Plan

Freeborn County Historical Society
Albert Lea, MN, USA
Freeborn County Historical Society
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Freeborn County Historical Society
Albert Lea, MN, USA

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Cause
Arts & culture
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Finance Strategy consulting

Posted July 17th

Revenue Generation Plan

Project details

What we need
  • Assessment and recommendations for income-generating activities that will complement the Organization's current mission and existing programs
  • Actionable steps necessary to implement recommendations, alongside estimates of upfront time and monetary investment required
  • Identify challenges & potential risks in pursuing the plan
What we have in place
  • We currently have some programs established as well as a fair amount of sponso, which should make it easy for you to get started. We also have a vague idea of where we would like to go, and the ability to provide any other information you need.
How this will help
This project will save us $10,242 , allowing us to utilize our current staff to be out in the community we serve developing partnerships.

This project will assist us in growing our programming, research and exhibits enabling us to reach more members and community members and allow us to expand our staff to ensure we can reach our goals.

Project plan

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Prep: Recommendations
  • Professional provides recommendations for promising sources of revenue with Volunteer Manager providing feedback selecting a single revenue stream that should be prioritized
  • Professional evaluates revenue potential of recommendation by taking into account costs and other required organizational investments such as programming, staffing, technology, and communication materials
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Milestone 1: Delivery of Plan
  • Professional provides actionable steps, time estimates, and operating model necessary for developing revenue generation strategy
  • Professional outlines key milestones and performance indicators to help assist the Organization as they execute the plan
  • Professional outlines challenges to be aware of as the Organization executes on plan should also be laid out such as operating costs
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Milestone 2: Distribution of Prep Materials
  • Volunteer Manager provides all relevant marketing and branding materials, including but not limited to annual reports, financials, fundraising collateral, website copy and information on representative stakeholders such as donors, advocates, and constituents served
  • Available materials with Professional should include Market Analysis, Financial Plan, etc.
3
Milestone 3: Analysis and Feedback
  • Professional and Volunteer Manager brainstorm potential revenue-generation streams and potential target markets
  • Professional provides analysis of Organization’s existing approach to funding and program beneficiaries and a competitive benchmarking of peer organizations
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About the org

Freeborn County Historical Society
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Causes
Arts & culture Education
Posted by
SK
Stephanie K.

Executive Director

Our mission

Building the future by preserving the past.

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