Nonprofit news from around the web: May 15 – 19, 2023

Exempt organizations and the corporate alternative minimum tax 
The Corporate Alternative Minimum Tax is a 15% tax on certain corporations. Although many would assume that exempt organizations would be outside of this regime entirely, the statute does not provide a blanket exclusion.  

How leaders should prepare for the rest of 2023 
The economy will continue to be the top issue nonprofit leaders must contend with for the rest of 2023. The best approach to weathering economic uncertainty is to plan, anticipate challenges, and take steps wherever possible to build resilience. Here are actions nonprofit leaders should take now. 

An introduction to Bing tools for nonprofits 
Nonprofits are well familiar with Google Analytics, Google Ads, and Google Business Profiles, but most do not know the basics of Bing Webmaster Tools, Microsoft Ads, and Bing Places. 

Don’t let overhead costs go over your head 
The desirability of having low administrative costs is an unfortunate myth that continues to circulate within the nonprofit industry. This dangerous belief has led numerous nonprofits to under-invest in their administrative processes. This, in turn, affects how well an organization can perform and often compromises its chance for long-term sustainability.