The idea that all or most of your association’s revenue should come from membership dues is an outdated, inaccurate assumption. According to ASAE, dues made up only 30% of total revenue for professional associations in 2016, a steep drop from 95.7% in 1953. But if your association isn’t experienced with managing multiple revenue streams (or has only just begun to experiment by selling merchandise or event tickets), diversifying your sources of revenue might seem like a large, complex undertaking.
