Minnesota nonprofits brace for a worse 2021

20November 2020

Minnesota nonprofits brace for a worse 2021

Minnesota nonprofits brace for a worse 2021

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Minnesota nonprofits are bracing for 2021, with growing concern that government, foundations and corporations that stepped in to alleviate their plummeting revenue in the pandemic won’t sustain that another year. About 40% of nonprofit employees filed unemployment claims from March to September after furloughs, layoffs or reduced hours, the Minnesota Council of Nonprofits reported this week. State data show the nonprofit workforce shrinking by 10% this year. Now, with coronavirus cases skyrocketing and the latest restrictions announced Wednesday by Gov. Tim Walz, nonprofits fear a comeback isn’t imminent. “The consistent theme now is concern for 2021 or for 2021 and…. See article below.

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Source: https://www.startribune.com/minnesota-nonprofits-brace-for-a-worse-2021/573121431/

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