The Financial Integration and Resilience Model: Building the Museum Financial Ecosystem

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Dr. Ashley Amos (Senior Financial Manager, United States Holocaust Memorial Museum) Jon Carver (Chief Financial Officer, United States Holocaust Memorial Museum)

The Financial Integration and Resilience Model

Building the Museum Financial Ecosystem

Dr. Ashley Amos (Senior Financial Manager, United States Holocaust Memorial Museum), Jon Carver (Chief Financial Officer, United States Holocaust Memorial Museum)

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English

Rowman & Littlefield Publishers
24 July 2025

Library & information sciences; Museums & museology; Economics & Business

Series: American Alliance of Museums

Over the past several years, the global pandemic, environmental events and changing economic conditions, such as rising inflation and market volatility, have created unprecedented financial uncertainty in even well-resourced institutions. Museums face mounting challenges to sustain their operations as costs continue to rise and fundraising becomes more competitive. The financial operations of a Museum can no longer be viewed as a support function that merely processes revenue and pays bills. A strong financial foundation must be elevated to a strategic priority alongside the highest order mission and values of an institution. This book will explore how to create a Financial Integration & Resilience Model (FIRM), based on best practices and innovative approaches (including the use of Artificial Intelligence) for any Museum. The FIRM approach is unique because it leverages best practices in both the non-profit and Federal and state government sectors. The FIRM has been developed to break down organizational silos by using a strategic and risk-based approach; it ensures that all Museum offices participate in the model to ensure fundraising, strategic priorities and the budgeting are not segregated processes but a connected ecosystem. This connectivity creates a shared goal of resilience across the institution, and does not replace individual program goals or mission objectives. Financial resilience cannot exist without integration, and these two powerful forces together will generate positive reverberations across the institution. No matter the size of a museum, financial resilience is now a core value. This book will provide institutions with strategies and best practices for financial resilience and a blueprint to overcome gaps in financial integration that are essential to any Museum’s future.

By: Dr. Ashley Amos (Senior Financial Manager United States Holocaust Memorial Museum), Jon Carver (Chief Financial Officer, United States Holocaust Memorial Museum)
Imprint: Rowman & Littlefield Publishers
Country of Publication: United States
Dimensions: Height: 254mm, Width: 178mm,
ISBN: 9781538198308
ISBN 10: 1538198304
Series: American Alliance of Museums
Pages: 168
Publication Date: 24 July 2025
Audience: Professional and scholarly , Undergraduate
Format: Hardback
Publisher's Status: Forthcoming

Preface Part I: The Current State of Financial Management Chapter 1: Navigating a Dynamic Financial Environment Part II: The Foundation Chapter 2: Financial Literacy Part III: The Integration Pillar Chapter 3: Integration Building Block 1: Budgeting Chapter 4: Integration Building Block 2: Strategic Planning Chapter 5: Integration Building Block 3: Governance Chapter 6: Integration Building Block 4: Change Management Part IV: The Resilience Pillar Chapter 7: Resilience Building Block 1: Risk Management Chapter 8: Resilience Building Block 2: Financial Tools Chapter 9: Resilience Building Block 3: Scenario Planning Part V: The Future of Financial Management Chapter 10: Resilience Building Block 4: Multi-year Budgeting Chapter 11: Connecting Communities into the Future Bibliography Index About the Authors

Jon Carver has over twenty years experience leading cultural and entity-wide systemic changes in budgeting, financial management, procurement, risk management, endowment investing, information security and information technology systems development. This includes, significant executive level leadership experience in a wide range of disciplines, that include treasury services, institutional and government lending, cybersecurity, customs enforcement, Federal and state government administration, educational institutions and museums. Ashley Amos currently works as Senior Financial Manager at the U.S. Holocaust Memorial Museum in Washington, DC, where she leads process-driven, people-centered approaches to foster communication and integration across organizational boundaries. Throughout her career, she has leveraged her expertise in multidimensional analysis of budgetary, financial management, policy, legislative, operational, and legal issues to design and implement strategic initiatives that are adaptive to various mission needs and organizational settings.