Analytics Solution

Museum & Arts Financial Framework Toolkit

Management, board members and finance professionals are all scrambling to assess the impact of COVID-19 on the industry.
Software Integrations and Toolkits
Analytics Solutions
Modeling Data
How Will COVID-19 Impact Your Museum or Arts Organization?
No one knows the final answer, but predictive financial modeling can help you navigate these uncharted waters.

Benefits

Quick Highlights

Stress Test Modeling

Create stress-testing models showing how key financial metrics change through different scenarios

Customizable Outputs

Self-adjust data inputs related to sales, membership, operating gap analysis, endowment draw and fundraising

Freedom to Create

Unlimited scenario creation

Multi-level Access

Access to outputs for management, boards, audit and finance committees, etc.

Data Forecasting
Toolkit in Action

Your finance department can now forecast the impact of COVID-19 on your program revenue, fundraising and expenses — with the click of a button.

Optionality

Different Ways We Can Help

During these unique times, it is imperative that every museum and arts organization complete its own customized, predictive model that enables it to properly build a financial plan for the upcoming year. Several scenarios should be considered, and an individual framework run for each. Every scenario should be stress-tested, with the financial results made easily digestible for administrators, management and leadership. We offer several options outlined below.

FREE

$0

90-day trail*

Circle check Access to the Toolkit
Circle check Manually input data
Circle check Self create stress-testing model showing how key financial metrics change through different scenarios
Circle check Self-adjust data inputs related to sales, membership, operating gap analysis, endowment draw and fundraising
Circle check Unlimited scenario creation
Circle check Access to outputs for management, boards, audit and finance committees, etc.

MOST POPULAR

BASIC

$1,500

per year

Circle check Access to the Toolkit
Circle check Manually input data
Circle check Self create stress-testing model showing how key financial metrics change through different scenarios
Circle check Self-adjust data inputs related to sales, membership, operating gap analysis, endowment draw and fundraising
Circle check Unlimited scenario creation
Circle check Access to outputs for management, boards, audit and finance committees, etc.
Circle check Review of one model of your choosing with your designated representative (not to exceed three hours annually)



ADVANCED

$2,500

per year

Circle check Access to the Toolkit
Circle check Manually input data
Circle check Guided tour of up to three stress-testing models showing how key financial metrics change through different scenarios
Circle check Self-adjust data inputs related to sales, membership, operating gap analysis, endowment draw and fundraising
Circle check Unlimited scenario creation
Circle check Access to outputs for management, boards, audit and finance committees, etc.
Circle check Review of up to three models of your choosing with your designated representative (not to exceed five hours annually)
Circle check Guidance including strategic suggestions from an Armanino museum and arts expert for discussions with your management board of trustees, audit, and finance committees or others


All fees are fixed and must be paid by credit card. By using the dashboard, you agree to the Armanino End User License Agreement regarding the toolkit.
*After trial expires, you'll pay $299 annually if continuing with this option.


Don't see a solution that's right? We can create any solution you may need or add on service not shown. Just reach out to us using our general contact form and we'll be happy to assist you.


Five Steps to Get You Started

Once you've decided on an option above, follow the steps below to get started with the Financial Framework Tool:

  1. For Free package, fill in the required information on the form below. For the Basic or Advanced package, download the Engagement Letter (EL) here and proceed to step 2.
  2. Select the product option best for you, sign the EL then email it to [email protected].
  3. Receive an email confirming receipt of the EL.
  4. Pay the full fee by credit card per payment terms.
  5. Receive information from our museum & arts experts based on the option selected.

And that’s it! We want to make this process simple for you.

COVID-19 Resources
Regulatory and Industry News Alerts from Armanino
Article
To avoid penalties, pay at least 50% of the total 2020 deferred employer tax by year-end.

September 28, 2021
Shuttered Venue Operators Grants: Timing and Recognition for Nonprofit Organizations
Article
Know these key considerations for grant accounting, restrictions on use of the funds and Single Audit requirements.

September 27, 2021
Blog articles
Article
Depending on the situation, taking an early distribution from a retirement account may be a viable option.

August 04, 2021
Need to Talk?

We're Here for You

If you have any questions or just want to reach out to one of our experts, use the form and we'll get back to you promptly.