FY2024 Impact Report
We are a large and growing field.
A query in Candid’s IRS database yields about 600 organizations that reference “fiscal sponsorship”.
Our Community
Our member community is also growing.
In FY24 we supported 62 active members, a growth of 200% in number of members from the previous fiscal year.
Our members support a community of 2,800 projects.
And represents diverse reach.
We saw higher representation at the local, regional, and international levels, than evidenced in the 2023 field scan sample data overall.
Our members offer diverse supports across varying portfolio sizes, and program life cycles: start-up, scaling, established, and winding down.
Impact Commons FY24 Members
Fiscal Sponsor Field Scan 2023
Our Impact
Direct advisory support to members
Over FY24 we provided…
3,600 hours of advisory support, with 78% of all hours dedicated to finance and operations and the next largest portion (7%) to technology-related matters
Support to 4 members transitioning to our Sage Intacct platform and support to 3 other members in improving their respective Sage Intacct instances
Tools and guidance documents
Over FY24 we provided members access to…
Our growing member library offers over 50 self-service tools, templates, and guidance documents for fiscal sponsors accessed over 1,300 times in last year
Created more than 12 new guidance decks on topics such as:
Shared governance
Project governance and advisory bodies
Whole cost and portfolio analysis
Sponsor-project relationship management
Spin-out readiness assessment
Contract review and compliance
And many others…
We kicked off our research work
alone was downloaded at least 2,500 times.
Field building continued to grow
We facilitated…
22 community conversations, attended by 630 unique participants, 30% of whom represented member organizations.
4 sessions at the annual National Network of Fiscal Sponsors conference in New Orleans, LA.
The rollout of a Jobs Board with over 50 job opportunities posted by the community and reviewed by over 3,500 unique visitors.
Delivering 16 webinars and trainings (30% more than the previous year) to funders and other nonprofits about the field of fiscal sponsorship and management commons practices.
Presenting at 7 nonprofit and philanthropic conferences and convenings.
Working with Candid offering guidance and input on the expanded capabilities of their platform, which will allow for both sponsors and projects to be visible. The pilot is planned for 2025.
Our direct advocacy work continued
Including indirect advocacy
Engaged with PR firm Burness to reach out to media, resulting in earned coverage of the field scan and other fiscal sponsorship topics in:
The Chronicle of Philanthropy
Alliance Magazine
Proximate Press
Dorothy A. Johnson Center for Philanthropy
National Network of Fiscal Sponsors
Issue Lab
Nonprofit Financial Commons
Fiscal Sponsorship Directory
Magic Cabinet
And many of our members’ websites and blogs
And we published a vision paper
Informed by conversations with our members, the 2023 Fiscal Sponsor Field Scan, and broader trends and issues facing the nonprofit sector…
We published a paper positioning fiscal sponsorship as an engine for equity, greater impact, and a path to reorganizing nonprofit infrastructure overall.
posted on our website, was visited by 691 people.
We conducted a survey of our Organization Members at close of FY24 and received responses from 42 unique members.
100% of respondents say our work has either positively impacted their practices (89%) or for many newer members "too soon to tell" (11%);
Overall we received a Net Promoter Score of 70 out of 100.*
(*) In a Net Promoter Score scale, above 0 is “good”, above 50 is “excellent”, and above 70 is “world class”.
