Non-Profit Analysis

This chapter deals with the case study of the target organization with a lot of history and reputation spanning three decades.

The Public Theater has been a staple of the New York City theater community for over 50 years now. Part of The Public’s core values include providing great content for the community and making sure that content is accessible to as wide an audience as possible. This mission is highly appealing to potential donors and foundation committee’s as it provides a very transparent place for donations to land and be used to directly improve the community. Through a clear mission, a great legacy and a proven track record of community centered engagement, The Public Theater’s clearly has a great capacity to fundraise.

As an intern for the accounting office of one of the most renowned non-profit organizations in America, I worked directly under the comptroller of the organization performing various accounting-related tasks for the office. These tasks include managing and imputing Accounts Payable, updating and posting Journal Entries, transferring and condensing financial data onto spreadsheets for management purposes, and taking responsibility for protecting large cash deposits and sensitive employee information. Through this internship I gained knowledge of various financial software such as Oracle's PeopleSoft and

In this paper, I will explain why the Olympic Games are so costly to a city’s economy and are an extremely risky investment. I will then proceed to explain some misconceptions about economic analyses, and conclude by showing

This paper examines the economic benefits and costs of hosting the Olympics. The net benefits are found to be positive and large relative to the investment in the bidding process.

Financial Management is a critical aspect of any business in order to achieve a sustainable and efficient cash flow. It is essential in maintaining the link between a business’s future financial goals (profit maximization) and the resources that it has in order to achieve its objectives. Businesses demand certain common goals that increase a bussiness's all around achievement, Some of which involve; growth amongst assests, An increase in efficiency in all areas of the business whether it be management or not. And the ability to meet short term and long term debts. Finacial management undertakes the responsibility to implement and acheive these goals for the business using a range of strategies shaped to meet the needs of the business and

There are many indexes regarding non-profit organization analysis, and financial evaluation focus on below aspects.

For businesses, the use of the trademark of the Olympic Games within the period can be effectively promoted to sales or corporate image, and it can make the brand reaching billions of people in over two hundred countries and city throughout the world. So that the IOC released a programme named “The Olympic Partner Programme” (TOP Programme). Its revenue generated by commercial partnerships can accounts for more than 40%

Every four years the world goes into a clamor for the Olympic Games, and cities aggressively bid for the right to host these events. Cities literally fight for the right to hold these games and spend exorbitant amounts of money in the hopes of bringing the worlds Olympiad’s to their municipality. But, is the prestige of being the host worth it for the host city? It is becoming more apparent that these endeavors are detrimental to the economy, if you look at the five most recent summer Olympics; Rio de Janeiro, London, Beijing, Athens, and Sydney. Many of these cities apply with the hopes of a positive long-term impact, many in recent times to be severely disappointed.

As the year of 2014 winded down, with the ending of the Sochi Olympics, the Executive Board of the International Olympic Committee devised a list of 40 recommendations with the intention of shaping the future and the direction of the Olympic Games. These recommendations provide a strategic guideline to follow heading into the Tokyo 2020 Summer Olympics. These recommendations can play a key role in improving sport and sport marketing in countries around the globe. Furthermore, recommendation #26 “To further blend sport and culture” can impact sport marketing in the country of Russia.

Sponsorship can be defined as a business relationship that is mutually beneficial between the sponsor and the sponsored (Olkkonen and Tuominen, 2006). Sport sponsorship is considered to be one of the essential forms of sponsorship that involves sponsoring sport associations, teams, athletes, facilities, events, leagues and competitions (Tsiotsou and Alexandris, 2008). Over the last decades corporate investments on sponsorship have increased dramatically as well as the rapid increase in sponsorship expenditures worldwide from $2 billion in 1984 to $28 billion in 2004 (Carrillat et al., 2005; Koo et al., 2006).

The Olympic Organising Committee and the UK Government reports following the London 2012 Olympics showcase the themes discussed in the data analysis section. The themes confirm the long-term employment effect of the 2012 Olympics on London’s event sector. The Olympic Organising Committee note the role of

Financial management refers to the efficient and effective management of money in such a way so as to timely accomplish the essential objectives of the organization. It is the specialized function directly associated with the top management. Finance may also be defined as the management of money in such a way that it is exactly available at the time it is required. Every organization, big or small, needs funds or money to carry out its day-to-day business operations and attain its previously defined goals. In fact, finance affects not only the survival and growth but also virtually the whole existence of almost any business organization be it financial or non-financial, private or public, large or small, profit seeking or non-profit organization. It is indeed this significance of finance that it has led to the emergence of the concept of corporate finance, popularly known as financial management. Financial management deals with financial planning, acquisition of funds, use and allocation of funds, and financial

Evidently, sport events have been used by regimes to promote tourism and economic growth within the host region (Dobson, 2000). As previously mentioned, the desire to host such events is often associated with city regeneration and the perceived economic benefits (Getz, 2005; Hall, 2004; Misener & Mason, 2008 Misener & Mason, 2009). In the United States, the media often reports most international sport events as having significant positive impacts (Wilson, 2006). Nonetheless, the magnitude of the event’s impacts, either positive or negative, are often dependent on the event’s size (Taks, Kesenne, Chalip, Green, & Martyn, 2011). Large events are often thought to attract media attention, investment and subsequent economic growth; however, they are also associated with negative impacts such as the disruption of local businesses, crowding out effects and overspending. Solberg and Pruess (2007) noted that regional economic benefits are sometimes lost due to the large expenditures on event-related infrastructure. Negative impacts associated with small or medium-sized events may not be as apparent due to the relative low cost compared to large events (Mondello and Rishe, 2004). According to Gratton, Dobson and Shibli (2000) sport events can be categorized as either type A, B, C or D. Type A events such as the Olympic games are one-off, international mega events that are perceived to have a significant economic impact and attract mass media attention. For the purposes of this

BRUNET F, An economic analysis of the Barcelona ’92 Olympic Games: resources, financing and impact, In The