WITH SUPPORT FROM 2 0 2 3 S T A

1 0 F I N A N C E S A R E T R E N D I N G D O W N W A R D S O N L Y S O M E N O N P R O F I T S H A V E M A R G I N A L I N C R E A S E S I N R E V E N U E , A N D E V E N T H A T I S S L O W I N G While over the past four years respondents report ing an increase in revenue has grown to half of respondents and those report ing a decrease has decl ined to a quarter of respondents, the rate of repor. [...] I t feels l ike we are regularly re-sett ing to near- zero.” O P T I M I S M F R O M 2 0 2 1 T H A T F I N A N C I A L S I T U A T I O N S W I L L I M P R O V E I S F A D I N G A S M O R E O F T H E S E C T O R E X P E C T S T H E I R F I N A N C I A L S I T U A T I O N T O G E T W O R S E Only a quarter of respondents reported that they expect their organizat ion’s f inancial s i tuat ion wi l l. [...] 2 1 N O N P R O F I T S , I N T H E I R O W N W O R D S : “[Our] biggest concern is the lack of consistent volunteers that wil l take on a leadership role in running an event or program.” “Expected to have a cont inuat ion of di f f iculty recruit ing new volunteers.” C U T B A C K S , W A I T L I S T S , A N D N O N P R O F I T C L O S U R E S R E M A I N I N L I N E W I T H L A S T Y E A R There. [...] C R E A T E A H O M E I N G O V E R N M E N T F O R T H E S E C T O R T O E F F I C I E N T L Y W O R K W I T H O N T A R I O ’ S 5 8 , 0 0 0 N O N P R O F I T S A N D C H A R I T I E S : Appoint an Associate Minister within the Ministry of Economic Development , Job Creat ion and Trade, supported by a Deputy or Assistant Deputy Minister in an Off ice representing nonprofi ts , chari t ies , and s. [...] S O C I A L I Z E T H E N O N P R O F I T B U S I N E S S M O D E L : Make i t c lear to communit ies and government the breadth, depth, and value of the sector and the sector ’s abi l i ty to provide high qual i ty and affordable publ ic ly-funded services.