Nonprofit Spelunking

You can register for the individual webinar here: https://lnkd.in/gHttkpks You can become a member of Nonprofit Spelunking at https://lnkd.in/gtZAUZyK

Webinar is coming up this Friday Not only is this great for fundraisers, but funders and board members too. https://lnkd.in/gv7R3gP4

Join the webinar next Friday on Cost Per Dollar Raised.

What kind of information do you think would one learn by participating in over 40 charitable raffles? Guess what, we did it for you! Kirk Schmidt talks on August 28th about online charitable raffles based on two decades of experience on the operational side of charities as well as participation in a bunch of raffles. We'll go through the experiment (and how the idea even started!), what we learned, and how this could affect how rules and compliance may need to change in the future. You can register for the webinar at: https://lnkd.in/gAdmMjF7 Subscribers of the Nonprofit Spelunking Patreon at the "Webinars and More" level get automatic access to the webinars - no further registration required.

We have two upcoming webinars ‣ Why Cost Per Dollar Might be the Most Important Metric July 26 (Fri) at 10am MST Based on the original talk at NTC 2023, this is a critical look at how Cost Per Dollar can be used to promote growth within an organization, without using it as an efficiency metric. It affects how we decide what investment to make, and how to budget. ‣ Breaking Charitable Raffles August 28 (Wed) at 10am MST Over this summer, we will have participated in over 40 charitable raffles (over 25 already) to perform an experiment. At the end of August we're going to talk through the results, what it means for charitable lotteries, and how we can improve them to reduce potential abuse as online raffles become more prolific. *** Registration links for each of these webinars are below. Subscribers of Nonprofit Spelunking at the "Webinars and More" level will get free access to them, with the link shared on the Patreon page the morning of the webinar. Become a Subscriber: https://lnkd.in/gtZAUZyK Registration for Cost Per Dollar: https://lnkd.in/gv7R3gP4 Registration for Raffles: https://lnkd.in/gHttkpks

Last year I did at talk at NTC called "Why Cost Per Dollar Might be the Most Important Metric" and I'm doing it again online at the end of July. Cost Per Dollar is not an efficiency metric nor should it ever be treated that way. But, you can use it strategically to promote growth. Come learn about how to think about it differently, how to look at spending strategically, and why "cutting your way to prosperity" will almost never ever work. This webinar is hosted by Nonprofit Spelunking

Quantiles give you gift buckets of equal size. Histograms give you gift buckets of equal size gift range. However, you CAN still do analysis when buckets are not equal size, and it's especially useful for when you've done an AB test on your ask strings to determine movement. It's one thing to look at number of gifts and total amount, but it's another to look at whether people select different amounts or write in their own at high frequency. Check out the video on gift buckets to see more, or our video on quantiles to look specifically that those. #fundraisingmetrics https://lnkd.in/grFbNpGZ

Over 3.5 hours of Fundraising Metrics content is available to subscribers of Nonprofit Spelunking, with an average of two videos *per month* talking about measurement and analysis of fundraising. Want to know more about Nonprofit Spelunking? Here's a quick FAQ How do you become a subscriber? Go to https://lnkd.in/gtZAUZyK How much does it cost to subscribe? If you want the Fundraising Metrics videos, it costs $12 Canadian per month (I don't know what that is in US or UK but it would be less than 12 USD or pounds). This tier would be for ANY videos that we produce. Will the price go up? The plan is to eventually grow more content and more content creators, but to not drastically change the fee (and ideally not change at all). Who does the Fundraising Metrics videos? Kirk Schmidt does the metrics videos. He is a fundraiser, mathematician, and fundraising operations expert who has spoken at AFP ICON, NTC, and many other conferences over the years. Can I see an example? Sure. Kirk did a bit of a math experiment on vacation but made the video the same way as the rest of the fundraising metrics videos. You can see it here: https://lnkd.in/ga79tGc6 Is it easy to cancel? Sure! The whole thing is run on Patreon, which is designed for being able to support content creators as long as you would like to. They make it easy to sign up and cancel. Anything else I should know? There's lots planned and in the works. Fundraising Metrics is the first part of what is hopefully a much larger and more engaging set of content and community.

Over 3.5 hours of Fundraising Metrics content is available to subscribers of Nonprofit Spelunking, with an average of two videos *per month* talking about measurement and analysis of fundraising. Want to know more about Nonprofit Spelunking? Here's a quick FAQ How do you become a subscriber? Go to https://lnkd.in/gtZAUZyK How much does it cost to subscribe? If you want the Fundraising Metrics videos, it costs $12 Canadian per month (I don't know what that is in US or UK but it would be less than 12 USD or pounds). This tier would be for ANY videos that we produce. Will the price go up? The plan is to eventually grow more content and more content creators, but to not drastically change the fee (and ideally not change at all). Who does the Fundraising Metrics videos? Kirk Schmidt does the metrics videos. He is a fundraiser, mathematician, and fundraising operations expert who has spoken at AFP ICON, NTC, and many other conferences over the years. Can I see an example? Sure. Kirk did a bit of a math experiment on vacation but made the video the same way as the rest of the fundraising metrics videos. You can see it here: https://lnkd.in/ga79tGc6 Is it easy to cancel? Sure! The whole thing is run on Patreon, which is designed for being able to support content creators as long as you would like to. They make it easy to sign up and cancel. Anything else I should know? There's lots planned and in the works. Fundraising Metrics is the first part of what is hopefully a much larger and more engaging set of content and community.

It's time to expand. Since February, we have been putting out Fundraising Metrics content to start building the Nonprofit Spelunking membership and work out some bugs. But the goal for Nonprofit Spelunking was always to create a place where content can exist for all things fundraising and nonprofit. Which means we're looking for other people who want to generate content. So if you've thought of starting videos, podcasts, articles, or other forms of content, and would be interested in trying it out, please reach out to Kirk Schmidt. We intend to run a fully transparent model where contributors are paid via revenue sharing, subscription prices stay low to make the barrier to entry low, and we can have regular professional development for people in the sector.