Joe Patti published an entirely useful post at ArtsHacker on 2/11/2015 that provides wonderfully useful resources for calculating the value of volunteer time and using those figures, he walks you through some straightforward calculations that illustrate just how much volunteers, from board members through ushers, add to an organization’s bottom line.
If you have 25 volunteers helping at 8 performances a year at around 4 hours each performance, that is 800 hours right there. If 25 board members attend an average of 10 one hour meetings a year and 15 of them are engaged in an average of 2 hours of committee work a month, that is another 610 hours.
[…]
At the national average of $22.55, that is $31,795.50.
Patti’s article also includes resources for helping determine a fair value for a variety of occupations so running your own calculations becomes that much easier. All in all, it’s well worth your time thanks to a great deal of useful resource info packed into a short and sweet post.
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