How to make money at a virtual gala

How to Plan a Profitable Virtual Gala

How to Plan a profitable virtual gala | If you are a nonprofit leader who has had to cancel your event due to, oh let’s say, a global pandemic, you have probably heard the term “Virtual Gala” be thrown around. You’ve likely been scouring YouTube for…

If you are a nonprofit leader who has had to cancel your event due to, oh let’s say, a global pandemic, you have probably heard the term “Virtual Gala” be thrown around. You’ve likely been scouring YouTube for examples. But you are probably wondering, how the heck do you actually plan one?

I have been helping organizations just like yours transition from their in-person events to virtual galas since March of 2020 and have seen what works and learned to make them profitable. What if your organization could raise $50,000 or $100,000 or even over $500,000 through a 30-45 minute Virtual Gala streamed from your home or office?

These results are 💯 possible (and actual results of clients of mine).

The work your organization does is so important and I want you to be successful and meet your goals so you can continue to serve our communities, so in this post I am going to share some tips on How to Plan a Profitable Virtual Gala.

This post may contain some affiliate links. See my affiliate disclaimer if you have questions.

How to Plan a Profitable Virtual Gala

Select a Date

When will you hold your event? Is it going to be on the same night as your in-person event was or are you picking a new date all together? If you have announced the date for your gala and your guests already have that night set aside for your event, stick with the original date if you can. However, if your initial event has already been postponed, select another date. The good news is that based on what I’ve seen in the industry so far, it doesn’t matter if your event is on a weeknight or a weekend. In fact, you will probably have less competition on a weeknight to get your donors to come to your event. My advice is to pick a date and move forward confidently planning.

Decide the level of production you want at your event

Are you going to try to produce it on your own or hire a professional production company? You can produce your live event on a DIY basis with nothing but a Mac and a $25 Live Streaming Program or you could go with a professional production team which would run anywhere from $5,000-$20,000 depending on your vision for your event. Either way, whatever you do it will be for a fraction of the cost of your in person event (and that’s amazing news)!

Select a Mobile Bidding Company

There are so many amazing Mobile Bidding Companies out there and to be honest, after several months of running Virtual Events I have seen them evolve and adapt to this new way of fundraising so well. In fact, if it weren’t for our Mobile Bidding partners, we would never have been able to move to Virtual Galas so quickly. You can do your research on which company to choose, but the companies I see and work with the most often are: OneCause, Greater Giving, Clickbid and Auction Harmony.

One thing you’ll need to decide before meeting with and selecting these companies is if you will want your live stream embedded in the mobile bidding platform, because some companies do this and others don’t. The benefit to it is that it’s all in one spot and people don’t have to have multiple tabs open. Many clients are fine streaming to YouTube and asking their donors to go a different website for the bidding and giving. It comes down to personal preference.

Hire an Auctioneer experienced in Virtual Galas

Virtual Galas are a lot faster and a lot more focused than an in-person event, so you will need to find an auctioneer that is:

  1. Comfortable with speaking to an audience through a camera (it’s a different skill than leading a live crowd)

  2. Specialized in Fund-A-Needs. Many auctioneers will have an excellent chant and can sell items, but all items are being sold via mobile bidding, so your main focus should be on an auctioneer who is a true fundraiser and can effectively communicate your message to donors and call them to action

  3. Able to help you set your goals and help you craft your organization’s message in an engaging way

  4. Willing to host or emcee your event as needed. An auctioneer’s role in Virtual Galas is essentially to maintain the energy throughout the entire event, and take each element of your program and continue to bring it back to the heart of your organization and use it to call donors to action. This will help you increase revenue at your event.

Pick your streaming platform

Where will your donors see this livestream? Will it be on YouTube, Facebook Live, embedded on your mobile bidding platform or website? My recommendation is to plan to stream it on YouTube. Donors won’t need an account to watch it. They simply follow a link you send them via email and they are there! Selecting YouTube also allows you to have the option of easily embedding it onto your website or a mobile bidding platform.

Determine your Fundraising Focus

What are you raising money for? I know your organization does a lot of things, but pick one thing to focus on that night. Virtual Gala’s are fast and furious. Extensive studies in people’s interaction with digital media tells us that their attention spans are shorter online than they are in person (you know when you feed them and close the ballroom doors so they can’t get out). So you won’t have time to share every part of what your organization does. Pick one, set a goal based on how much that will cost to fund, and…..

Build your program around your Fundraising Focus

When you build your program around your Fundraising Focus you can effectively tell your story so guests will feel connected and more inclined to give in this format. What stats can you share about your Fundraising Focus? What stories can you share that help emphasize your Fundraising Focus? Your program should be built around this so you can engage donors and inspire them to action.

Market your Virtual Gala

One of the biggest success factors in virtual galas is an organization’s ability to get guests to show up to their event. Seems obvious, but it is important to state. Because you aren’t reserving a ballroom and paying for catering, the ability to get donors to commit to coming is more challenging, which is why you need to take a multi channel approach to marketing your event. Mix traditional and digital methods of marketing and empower your biggest supporters to reach out and get people excited about it.

NOTE: Nonprofits are seeing unprecedented levels of NEW DONORS come in through these virtual events. It’s very cool, and it’s likely because nonprofits are needing to invest more in marketing and advertising. It’s also because virtual galas are sharable. Meaning your supporters simply share a link and BOOM their entire social network can be involved too. Don’t miss out on this opportunity to spread your message and acquire new donors.

Have a plan to engage your “Tech-Challenged” donors

The biggest hurdle for clients to transition to Virtual Events is that they assume their supporters are too “tech-challenged” to figure it out. While this may have been true back in March, now even our oldest community members have been thrust into digital communications. They talk to their grandkids through zoom. Their daughter got them set up on a Facebook account to keep in touch. Digital platforms are the best way we are keeping our more mature (or the people you think are “tech-challenged”) community members safe and engaged! So, while you might fear they won’t be able to figure it out, I encourage you not to doubt them. However, I recommend coming up with a plan to make it easy for them and to teach them how to register, bid and give through your digital platforms. This will help you involve some of your more “mature” donors and ensure you don’t leave any money on the table.

Assume it will work

Finally, I want to let you know that mindset is important here. I know this sounds a little cheesy, but it really does matter. If you go into it with a “let’s see what happens” attitude, your donors will pick up on that and it won’t feel as inspired or motivated to attend or support your organization. However, if your plan and mindset is that this Virtual Gala is going to succeed because there is no other option, you can move forward in planning with confidence and treat it like it’s a BIG FREAKING DEAL and your donors will catch on to that energy and follow you into the unknown. You’ve got this!

Need more help?

Maybe you're not sure whether or not virtual galas are right for your organization and worry that no one will show up. Perhaps you wonder if your donors are tech-savvy enough to join in a virtual format.

Imagine if:

  • You could create a 30-40 minute Virtual Gala that was engaging AND profitable

  • You had a marketing checklist that helped you reach your donors

  • You had tools and techniques to engage even your most tech-challenged donors so you didn't miss out on any revenue

All of this is possible for your Organization with The DIY Virtual Gala Course

5 Ways Virtual Events Make Money for your Nonprofit

5 ways your virtual gala will make money for your nonprofit.  | nonprofit fundraising | virtual events | virtual gala | how to plan a virtual gala | sarah the auctioneer

We’ve been in the midst of a global pandemic for 3 months now and I am surprised when people are still asking “are virtual events profitable” or considering “taking a risk” on them. Can you make money with a virtual event? HECK YES!

How can a nonprofit make money with a virtual event?

To be honest, it’s a lot of the same ways your organization would make money with an in-person event. Granted, people won’t likely pay $125 to attend a virtual event, so your revenue from ticket sales won’t be as high (you likely won’t charge for tickets at ALL), but your cost to produce the event will be a FRACTION of the cost! Here are some ways you will make money at your virtual gala:

  1. Open Donations

    The place you will make the majority of your revenue will be from Open Donations during the Fund-A-Need Appeal during your event. Remember, the purpose of your virtual event is to educate, inspire and entertain your guests. You’ll educated them about the problem you solve, who it impacts and then inspire the donors to partner with you in solving the problem through their financial contribution.

    Some fun trends about Fund-A-Needs or Giving Moments during virtual events: while live auction item revenue is down, Fund-A-Need giving is UP! Also, nonprofits are seeing an increase in NEW DONORS! Allowing people to join in on your event virtually at no cost, paired with social media sharing from current supporters is showing an increase in giving from new donors. While these donations are at lower-level, if stewarded well, these new donors can become your future BIG donors. How exciting is that?!

    Learn the 4 Elements of a Successful Giving moment Here.

  2. Silent and “Live” Auction

    People are bidding on silent auction items like it is their job! When your nonprofit opens the auction (about 3 days before the event), your virtual gala guests start registering for your event and get started on bidding. Don’t be discouraged if giving seems slow at the beginning, that’s normal for ANY auction. It will pick up during the virtual event and the hour before you close the auctions.

    Live auction revenue is down for a couple reasons. In a virtual auction, there is no way to replace the excitement and momentum a good auctioneer. The “Live” Auction items or “premier” auction items are higher ticket experiential items you’d normally place on your Live auction at your event, but are added to the mobile bidding platform and sold the same way as silent auction items. They are not selling as well in this format because you can’t build the same momentum, but also because these items tend to rely on experiences that include travel, crowds or restaurants (all things that people are stepping back from during COVID). Does this mean you should just get rid of them? NO! They are still a way to bring in thousands of extra dollars to your organization, but I want to you to know what to expect as you are planning your budget.

  3. Sponsorships

    This is huge! When I first transitioned clients to virtual events they were concerned about how their sponsors would feel about it. Would they get enough recognition for their sponsorship level? Turns out there are so many MORE ways for sponsors to gain recognition for their sponsorship for your organization. With things like the pre-show slides, social media and email blasts, naming rights to the event, and more. Come up with all the ways you can feature your sponsors and create a PDF to share with potential sponsors that will allow them to see what different levels of sponsorships will benefit them.

  4. Underwritten costs

    You can have sponsors or individual donors underwrite different parts of your event to cover the costs, so that from the beginning your event is profitable. Maybe your AV Crew costs $5,000, reach out to loyal supporters who are practical and let them know this underwriting opportunity is available. I offer a flat rate so that my clients can get my fee underwritten prior to the event even starting. No surprise fees or percentages to worry about. It’s a great way to include donors and make sure 100% of proceeds can go to supporting the work your organization does!

  5. VIP or Optional Ticket sales

    While I don’t recommend charging admission for a virtual gala, there are options to make some revenue on ticket “sales.” You can do a “choose your price” ticket and allow guests to select what they want to pay. Many people will not pay anything, however you will find some people will pay $5, or $25 or even $100 on a donation basis. Remember, you want to get most of your costs underwritten prior to the event so you won’t need ticket sales to cover event costs.

    At the time of registration, you could also offer the regular admission (aka FREE) and a VIP package. The VIP package could be $25 and offer a grab bag or a separate zoom meeting with the Executive Director of your organization. Maybe it would include a separate “after party” with special content. Either way, it is a great opportunity for you to give people an option to pay while offering them greater access to educate them on the work you do.


Still wondering if your event will be profitable? Stop. It WILL be profitable. You still will have to do the hard work of building into sponsor and donor relationships prior to the event, but it’s very similar to how you make money at an in-person event. Additionally, virtual events are very effective at obtaining NEW donors which you can develop and grow into committed donors after the event.

Hosting a virtual event is not a RISK. It is a low cost way to connect with donors and hit your revenue goals for this year.