In tough economic times, more and more nonprofits consider mergers. This can be a good move for organizations sliding into the red, such as Virginia Ballet Theatre mentioned in the article. However, the author points out that losses are often incurred when organizations merge. Some smart thinking here on the benefits and risks of entering into a union of two organizations.
Avoiding Messy Breakups: Merger Lessons for Charities
Sunny Widmann
NAS Director
Sunny believes that arts participation engenders empathy and builds cross-cultural understanding, and is interested in how the arts work in different communities across the globe. Sunny likes to spend her time practicing yoga with friends, or planning her next great adventure.