MyCake

24/06/2021

ooh, here's another lido I've not visited https://www.alfordsportshall.co.uk/

27/05/2021

Apply now for Heritage Compass!

Heritage Compass is a fantastic FREE business support programme made possible thanks to funding from the National Lottery Heritage Fund.

They are opening up applications to the programme once more, looking to welcome an extra 150 small to medium-sized organisations onboard.

You have the opportunity to develop essential skills in business planning, audience development, leadership and change management, as well as being part of an exciting new network of heritage organisations.

The programme is delivered in partnership with Cause4, Creative United & Arts Marketing Association.

Apply by 12pm 30th June!

Find out more on the website here:

https://bit.ly/3uskKm8

24/05/2021

How do you you think about data? From it's most detailed and then aggregated up ... or from a high level and then drilling down? It matters because it affects the metrics you run and your reference points for comparison, not to mention the way you build datasets in the first place. Here's our thoughts on why it matters and how we do things. https://www.mycake.org/news/is-your-data-inside-out-or-outside-in

Imagine you’re looking at a single organisation’s annual financial results: in the context of a sector level dataset – from the Outside In - that one organisation’s result could look excellent if they have turned over much more than the sector average. But from the point of view of the organ...

14/05/2021

Heritage Compass applications are now open again!

Heritage Compass is a fantastic opportunity to learn essential skills in business planning, audience development, leadership & change management.

Thanks to National Lottery Heritage Fund, Heritage Compass are reopening applications and are looking to welcome 150 more participants onto this free business support programme for small to medium-sized Heritage organisations.

Delivered in partnership with Cause4, Creative United and Arts Marketing Association.

Applications will be open until 12pm 30th June. Find out more and apply on the website here:

https://bit.ly/3xRbcnY

24/04/2021

The third version of our Arts & Culture Fundraising Benchmark report & dashboard is now out!
Delighted with this ongoing colalboration with Cause4.
https://www.mycake.org/news/arts-and-culture-fundraising-benchmark

The purpose of the Cause4 Arts and Culture Fundraising Benchmark report and dashboard is to support the leaders and trustees of arts organisations to compare and contrast their current performance to that of their peers. As a result of this we hope that a clarity of the strengths and weaknesses in

07/04/2021

How can we predict future financial health of charities and social enterprises? https://www.mycake.org/news/blog-post-title-two-s28sg

The non-profit sector forms a vital part of both the UK economy and the provision of essential services. The question we raise in this research is whether funding decisions, especially where public funding is involved, could be improved if both funders and delivery organisations had access to better

07/04/2021

What can we learn from social enterprises and non-profits which have closed? https://www.mycake.org/news/what-might-we-learn-from-organisations-which-have-closed

Behind headlines of the closure of a charity are the details of job losses, the cessation of services and the loss of networks, assets and hope of change. These are tragedies and the fact that we’ve been studying the data on closures is no consolation for those who’ve been affected. What we can ...

23/02/2021

23/02/2021

Could the level of salary spend at a charity or social enterprise be a predictor of financial fragility? https://www.pioneerspost.com/business-school/20210222/social-sector-closures-can-we-use-financial-data-help-others-steer-clear-of

Crunching the numbers from social sector organisations that have closed could help others to predict and prevent financial fragility. From salary spend to income type, financial benchmarking specialist MyCake suggests key questions to explore.

23/02/2021

Our first piece for Pioneers Post was published yesterday. It's all about how we can use data to learn from organisations which have closed .. ideally to help others before they reach this cliff edge! https://www.pioneerspost.com/business-school/20210222/social-sector-closures-can-we-use-financial-data-help-others-steer-clear-of

Crunching the numbers from social sector organisations that have closed could help others to predict and prevent financial fragility. From salary spend to income type, financial benchmarking specialist MyCake suggests key questions to explore.

19/11/2020

If you found the Success Guide to Retail useful https://lnkd.in/dERcH8t then I think you'll also enjoy this podcast about Ministry of Stories and Hoxton St Monster Supplies https://lnkd.in/dniHM-F

Hidden behind a secret door, in a fantastical shop, lies an ingenious organisation that is unlocking societal change …

13/11/2020

Harnessing the power of coffee in your community business - for commerce or for social impact ... the differences are often seen in the price of a cappucino.

https://www.powertochange.org.uk/research/build-back-better-it-starts-with-your-cappuccino/

New research commissioned by Power to Change has revealed that buying a coffee from a community business or socially-minded café not only keeps more money in the local area to support local people, it costs less too.

13/11/2020

Could you and your heritage org fundraise better?

's new Heritage Compass will work with 150 orgs to grow their fundraising, funded by

We'll be creating a benchmarking dashboard dedicated to heritage orgs. Get involved: https://bit.ly/3oflZn4

In 2020, Cause4 launches Heritage Compass - a brand-new Business Support Programme funded by the National Lottery Heritage Fund. Working with our consortium partners Creative United and the Arts Marketing Association this new programme has been designed to grow resilience and invigorate the heritage...

13/11/2020

Could you and your heritage organisation fundraise better?

03/11/2020

Since 2012 £155m has been invested by over 100,000 people via Community Shares offers with over 400 vital community organisations and businesses. An impressive 92% are still trading. This research led by Co-ops UK and funded by Power to Change is something we're very proud to have made a contribution to. https://www.uk.coop/comshares

Less than 10 years ago, community shares were almost unheard of.

30/10/2020

How can you use data to inform your thinking as you reshape your business model in the light of Covid impacts? Here's a bit of thinking from Michelle Wright of Cause4 and Sarah Thelwall of MyCake https://www.artsprofessional.co.uk/magazine/article/impact-covid-19-fundraising-should-we-tear-rule-book

Right now past data is a poor predictor of the future, but understanding the scale and nature of change while responding to issues and initiatives of importance to funders will be vital to future success, say Michelle Wright and Sarah Thelwall.

28/10/2020

What are the benefits of partnership working? Here’s the perspective from Alice and I - https://renaisi.com/2020/10/26/mycake-and-renaisi-partnership-interview/

Working in partnership creates additional capacity and expertise for our work but more than that, it brings new perspectives and challenges us to think differently. In this conversation Sarah Thelwall, MyCake Founder and Renaisi’s Head of Learning, Alice Thornton discuss the value of their partner...

23/04/2020

We've been working a first algorithm to look at financial resilience in non-profits .. see what you think ...https://mycake.org/wp-content/uploads/2020/04/Devising-a-Resilience-Rating-System-for-Non-Profits-FINAL.pdf

16/03/2020

Please do contribute your stories. There is little provision for the self employed and freelancers in the COVID elements of the budget and many are seeing work cancelled

https://twitter.com/tracybrabin/status/1239114566384128000?s=21

“Thank you to the 1000s of who responded to my call for evidence on how has affected them. I’m overwhelmed & humbled. Using your stories, I will be asking govt for a temporary universal basic income guarantee that includes & .”

19/11/2019

Things that influence fundraiser successes .... https://podcasts.apple.com/gb/podcast/50-things-that-made-the-modern-economy/id1172889381?i=1000457077415

‎Show 50 Things That Made the Modern Economy, Ep Fundraising appeal - 17 Nov 2019

09/07/2019

Last but not least 4 top tips for wanting to make the most of retailing http://ow.ly/uwRZ50uqkc4

08/07/2019

How do organisations who retail donated goods make it work financially? see p28-31 of http://ow.ly/rReZ50uqk9z

05/07/2019

How can you make a success of retailing to the visitors to your venue? See p26-27 of http://ow.ly/VSUw50uqk7w

04/07/2019

A engaged in 'pure retail' is meeting a community need where there has been a market failure. This means that there are going to be some challenges when making the business work financially. See p24 for some of these http://ow.ly/7pOU50uqk3O

03/07/2019

What can we learn from individual engaged in retailing - sell things your community needs and wants but can't otherwise access ... p23 for more details http://ow.ly/Ic4u50uqk0D

02/07/2019

The ratio of spend on direct costs : salaries is also an interesting one in with retailing activity. It's highest in re-use/re-cycle at an average of 47% of turnover and lowest in community shops at just over 10% http://ow.ly/brLu50uqjRe

01/07/2019

The spend on stock is very different when you look at 're-use/re-cycle' or 'in-venue' retailing within - not more than 10% of turnover in fact http://ow.ly/sEaB50uqjOm

28/06/2019

Looking at the costs of running a which has retailing as a major element of its then the spend on stock is of course key. 'Pure retail' organisations such as spend an avg of 75% of turnover on stock. http://ow.ly/PTXy50uqjK8