Getting Beyond Breakeven

A review of capitalization needs and challenges of Philadelphia-area arts and culture organizations

Commissioned by The Pew Charitable Trusts and the William Penn Foundation, Getting Beyond Breakeven is the result of research and analysis of the financial health and financial literacy of 158 arts and culture organizations located in the Greater Philadelphia region. The study found that when it comes to capitalization, strong financial literacy does not translate into robust financial health, and delves into TDC’s latest thinking on the practice changes at individual organizations and within the system as a whole that could bridge this disconnect. The report also offers a review of basic capitalization concepts and five organizational profiles, which were each designed to illustrate methods of financial analysis and integrated strategic business planning.