Learned society sustainability was a topic for discussion long before the release of Plan S. Industry events and discussion forums abound that discuss the trends likely to impact the future role of societies as related to publications, but also professional meetings, education, communities, and more. There is no denying that societies are facing pressures from many angles, with long-term financial sustainability chief among them. With publishing revenue, the financial cornerstone for many, at risk, how do societies safeguard their future?
In this session, we’ll hear from three nonprofit societies on the challenges they face and how they’re addressing them. Specifically, how are traditional revenue streams being supplemented with new ventures and service models, and what impact is this having on their operations? What can other societies learn about balancing financial sustainability, organizational mission, and carving out a new niche in the future landscape?
