Over four rounds of surveys we’ve observed critical changes in the contraction of organizational budgets, offices closing and staff furloughs and layoffs.
Between January and March the first two surveys showed consistent financial impact with many respondents reporting 60% to 100% of their budgets being affected. The third survey painted a slightly better picture although this may have been because some organizations had already closed.
More than 60% of respondents had not found alternate revenue sources by the third survey in May. In addition, more than 60% had furloughed staff.
By survey 4 in October, organizations still standing, strongly felt the volatility of the sector and possible risk of closure. Many reported providing services for alternative revenue, and 64% were either actively seeking or considering mergers or other partnerships.

