It Takes Fundraising

Without fundraising, a symphony has virtually no chance of running its day-to-day operations. A symphony can approach fundraising in a couple of ways; by receiving donations and/or by charging admission for events. 

Types and Sources of Fundraising
Symphonies have several different prospects for financial support. The three most common are:

1. Donations
2. In-kind contributions
3. Grants

This funding might come from sources such as:

• Government Agencies
• Corporations
• Foundations
• Federated Campaigns
• Churches
• Local Businesses
• Fraternal or social clubs
• Individuals

Symphonies can also create revenue by charging a fee for the services they provide, as long as these services are still in line with their public benefit mission.

The symphony should always be aware of the donor's purpose and intended use for the contribution, and the symphony must manage them accordingly. In general, funding is categorized into three types;