Remove Budget Remove Liability Insurance Remove Utilities
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What Are 7 Common Nonprofit Startup Costs?

GrantNews

Most nonprofits set aside a percentage of their annual budget to go toward staffing. This number can vary depending on the size of the nonprofit, but for most, this is anywhere from 60-90% of their annual budget. The price of this insurance can vary depending upon the coverage plan chosen.

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Does Revenue Diversification Actually Work for Nonprofits?

Peak Proposals

Without unrestricted sources of funding, you cannot cover your executive director’s salary, the salaries of your administrative staff (which includes grant writers), or ongoing costs like rent and utilities for your office. Fundraising activities and events must comply with local laws and carry adequate liability insurance.