Museums Specialization
Your Success Is Our Finest Creation!
We provide financial statements as visually compelling and packed with meaning as the works you exhibit.
We help museums and historical sites of every kind achieve their goals!
For over 30 years, Arts and Culture organizations have trusted YPTC to give them timely and accurate financials and help them understand and share the story those numbers tell. The result is a compelling narrative that helps museums meet their mission, achieve their strategic goals, and motivate donors.
Helping Museums and Historical Sites
“YPTC’s Government Funding Department provided our organization with an opportunity to apply for a grant that seemed unattainable,” stated the African American Museum’s President & CEO Ashley Jordan.
You protect, preserve and share humanity’s treasures.
We protect and preserve your treasury and help you share its stories.
Our offerings encompass customized ongoing or interim accounting and Controller/CFO solutions, as well as specialized services, including:
Reporting
We work with you to develop financial reports and visualizations that are meaningful for management and the board. Our Data Visualization team can build custom dashboards to illustrate your progress towards your DEAI goals, visitor data / ticket sales, community engagement, financial results, and grant reports. We are synonymous with best standards and practices for additional note disclosures, like the use of proceeds of deaccessioned collection items, or any aspect of your financials and audits and will help you track all information to stay audit ready year-round!
Revenue
We provide analysis for managing advancement, admissions, education programs, gift shop sales, rentals, and investment revenue. We ensure your donor restricted revenues are tracked properly, so that you can ensure optimal donor stewardship and management. We are experts at the complexity of revenue recognition, especially from endowments, advanced sales, special events, donor restricted and conditional grants. We also provide advisory services to help you maximize your revenue diversification. We even have a government funding department that can give you the capacity to locate and apply for a variety of government or foundation grants.
Technology
We can help you get the best financial information from your accounting system, patron and donor management software, and other software applications. We ensure your data and reporting matches across all your systems! We also improve the efficiency and timeliness of your reporting by providing process improvements and recommending and implementing automation solutions that save you money while giving you information more quickly.
Budgeting and Forecasting
We understand that you must plan multiple years into the future, especially with special exhibits and publications, and update those forecasts. We take the burden off you and train your team to become expert budgeters and support them until they are. We understand that cash forecasting and budgeting is even more important when you are curating exhibits far in advance of admissions revenue or receiving grants and contributions to support them.
Read What Our Clients Have To Say:
Justine Townsend, Manager, and Leader of YPTC's Arts & Culture Specialization
Justine Townsend, CPA, is a lover of the arts and has worked with many arts organizations, she is also an adjunct professor of Financial Management of the Arts for the University of Houston’s Master of Arts Leadership program. She has served in financial leadership roles and as an auditor for nonprofits for over 16 years. Justine uses her in-depth knowledge of nonprofit financial management and passion for service to the arts, to assist arts organizations achieve their missions. In addition, Justine is backed by numerous colleagues at YPTC who are passionate about the arts and have experience helping museums reach their full potential.
