For many associations, the ability to face and overcome the many challenges brought on by the global pandemic centered on maintaining and building new revenue streams. Those most successful continued to prove their capacity to adapt and embrace novel and innovative approaches beyond the usual sources of income.
Association revenue has typically focused on membership dues and annual conference registration revenue, even in periods of stable economic growth. The lessons of the past year have taught us that these may not be enough to sustain the organization over the long-term.