Behind the Screen: Understanding the Financials

In the latest Behind The Screen — a peek behind the Crandell’s velvet curtain — the Crandell’s Treasurer and Chair of the Finance Committee Viki Sand follows the money. “I really don’t understand the numbers.” “I certainly wouldn’t want to be treasurer. I’m not good with numbers.” These remarks are often made by those associated with not-for-profit organizations. At the Crandell we have another view. We want everyone to understand the numbers and have confidence in the care with which their contributions are managed and how financial information is used to make decisions. Our goal is that information be accurate, timely, and readable. For the past several years the Crandell has shown a cash surplus at the end of each fiscal year. This has been possible through a combination of earned revenue from weekly box office receipts, concessions, and slide…

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