There are two days of the calendar that are very close together for most arts organizations but that elicit completely different emotions from me and from many other arts executives I know: the first day of the new season and the first day of the new fiscal year.
When a strong board isn't developed and nurtured, the staff leadership will almost always find them deficient. Artists and arts managers alike will complain that the board is not generous. This will lead to budget constraints, cash flow problems and worse.
Children often fill in the blank with a myriad of respectable positions -- doctor, lawyer, police officer, teacher, etc. -- but few proclaim their intent to be an art historian. I was that rare exception.