The Nonprofit Centers Network is a peer-learning community of nonprofits in shared space across North America. In order to ensure, shared space managers and projects in development are well informed, we recently issued the State of the Shared Space Sector survey and the results are in! Mission-driven shared spaces, like those we see in Denver, are growing in number, size, and impact across North America. The full report is now available to download from the NCN website, but a few highlights from it include:
- Shared spaces are growing in number. Since 2011, when we first surveyed the field of nonprofit centers, the number of shared spaces in operation has nearly doubled. Some centers are newly created, while others have recently made themselves known to the larger community
- Shared space has measurable impacts on its tenants. In a survey of the executive directors of organizations housed in nonprofit centers, 82% report that they are better able to achieve their organizational goals as a result of being in shared space. Additionally, tenant organizations reported substantial improvements organizational credibility, cost savings, staff morale, staff retention, and program size and scope after moving into the nonprofit center[tweetthis display_mode=”box” remove_url=”true”]82% of Executive Directors say they are better able to achieve their goals in a #sharedspace[/tweetthis]
- Shared spaces are financially sustainable social enterprises. Over half of nonprofit centers are running a budget surplus, while another 21% are financially break-even. In total, 77% of centers have revenues that meet or exceed their expenses.
Download and read the report to learn more about the impacts that shared spaces are having on their communities or check out the survey infographic below.