As We Prepare to Reopen
This letter was sent to the Snow Farm community on August 2, 2020.
Dear Snow Farm community,
We are days away from reopening, and I want to share an update.
During normal operations, Snow Farm:The New England Craft Program derives approximately 75% of its operating budget from earned income which comes primarily from residential craft workshops. As you probably know, Snow Farm is a relatively young nonprofit; the last four years were a period of strong growth. However, Snow Farm does not have an endowment or significant cash reserves. In 2019, in a financial wellness workshop series held by the Nonprofit Finance Fund and the Massachusetts Cultural Council, Snow Farm was identified as operationally healthy, but “vulnerable to shocks.”
We have seen tremendous generosity from our community over the last months with over $60,000 in gifts, including many first time donors and many who have doubled and tripled their annual gifts. Still, despite all our efforts, we are facing nearly $350,000 in lost earned revenue.
If you are able, we ask for your support at this critical time. All gifts are valued and make a difference.
I believe that Snow Farm is essential; I can't tell you how often someone says to me: I depend on Snow Farm to feed my soul or My visit to Snow Farm keeps me going all year long.
If Snow Farm is essential to YOU, please give generously.