Insight and recommendations shared for Ohio’s nonprofit sector based on new survey findings
COLUMBUS, Ohio (September 18, 2012) — Today, Allen J. Proctor, principal of Proctor’s Linking Mission to Money®, released his report The State of the Ohio Nonprofit Sector based on online survey participation of more than 120 Ohio nonprofit leaders.
Ohio’s nonprofit leaders were surveyed on the current challenges and trends impacting their funding and organizational plans. Included in the report is information touching on the impacts of federal and state cuts and how nonprofits are making do.
“There is a pervasive shift in support from government corporations, individuals and foundations," Proctor explained. “Seeking more stability in their finances, Ohio’s nonprofits are actively reducing expenses and expanding into new services or new businesses."
Key survey findings included:
- Private giving is more than offsetting federal and state cuts at most Ohio nonprofits
- With ongoing federal and state cuts, Ohio nonprofits are eliminating their deficits, largely through salary cuts and freezes and draining reserves
- Ohio nonprofits are optimistic about 2012 giving
- Alarmingly, only a handful of Ohio nonprofits are using loans or angel funding to expand earned income, while the rest are still dependent on
grants or self-funding to finance growth or expansion to new services