Did you know I am a contributor to ArtsHacker, a website dedicated to offering all sorts of solutions to arts organizations?
Did you know that a volunteer’s time is worth an average of $22.55/hour and may be worth more in your locale?
Did you know you can actually claim each volunteer’s time on grant reports and financial reporting that you submit?
Did you know I wrote all about these things in a post that appeared on ArtsHacker last Wednesday?
Did you know that a meme about volunteering featuring the World’s Most Interesting Man makes your post more interesting?
Well, hey, now you do.
All kidding aside, volunteer hours are very valuable to an arts organization both as a result of the effort they expend on its behalf and for the value you can claim on various financial documents. And with even just a few volunteers working for you, it can add up to quite a lot.
There are accounting rules, of course, that limit what and how much of a volunteer’s time you can claim. But even if you use this information for nothing more than helping your organization recognize the true value of a volunteer’s effort, calculating this number can be worth it.
Do you know the value of your volunteers’ time?