2004
DOI: 10.1016/j.jom.2004.07.008
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Operational, economic and mission elements in not‐for‐profit organizations: the case of the Chicago Symphony Orchestra

Abstract: The term not-for-profit often brings to mind the idea of an altruistic organization serving society. The reality is that the notfor-profit is a far more complex organization that is responsible to diverse groups of stakeholders. Unlike for-profit organizations, not-for-profit (NFP) organizations have to focus on dual, and often conflicting, goals relating to fulfilling their overall mission while also generating enough revenue to maintain their operating structures. In order to better understand the nature of … Show more

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Cited by 22 publications
(19 citation statements)
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“…Donors and sponsors have their own motivations for supporting the arts, and failure to take these motivations into account will lead to a poor outcome (Thomas, Pervan, & Nuttal, 2009). This clearly illustrates the fact that, in the arts as well as in the not-for-profit sector generally, there is a potential for conflict between the mission of the organization and economic imperatives (Olson, Belohlav, & Boyer, 2005); while in the arts an organization's mission is to realize an artistic goal without trying to sat-isfy the market, the organization must take revenuegeneration imperatives into account in order to balance its budget. In this particular market the requirements of donors/sponsors must be considered.…”
Section: Sponsorships and The Promotion Variablementioning
confidence: 99%
“…Donors and sponsors have their own motivations for supporting the arts, and failure to take these motivations into account will lead to a poor outcome (Thomas, Pervan, & Nuttal, 2009). This clearly illustrates the fact that, in the arts as well as in the not-for-profit sector generally, there is a potential for conflict between the mission of the organization and economic imperatives (Olson, Belohlav, & Boyer, 2005); while in the arts an organization's mission is to realize an artistic goal without trying to sat-isfy the market, the organization must take revenuegeneration imperatives into account in order to balance its budget. In this particular market the requirements of donors/sponsors must be considered.…”
Section: Sponsorships and The Promotion Variablementioning
confidence: 99%
“…For its part, market performance refers to visitor perception and evaluation of the museum in terms of satisfaction, interest in the museum's activities or reputation. Finally, the social perspective of performance addresses the mission orientation of cultural organizations (Olson et al 2005). This mission is non-profit organizations' raison d eˆtre, from a social as well as legal standpoint.…”
Section: Relationship Between Organizational Innovation and Technologmentioning
confidence: 99%
“…During the recent development of medical information systems, researchers targeting hospital information systems have gradually placed more b on the establishment of a complete hospital information system by achieving the balance between technology and humanity and serving different needs through effective communication [2,3,6]. Moreover, in the present day, where patient safety is concerned, the establishment, utilization and integration of hospital information systems (HIS) are an inevitable trend as well as an issue that modern medical institutions at different levels must face, in order to provide accurate clinical information for medical personnel, enhance the quality and efficiency of medical operations, ensure patients’ rights to seek medical care, and prevent medical malpractice [3,7,8].…”
Section: Introductionmentioning
confidence: 99%