A better idea would be to employ a tool used during many decades of Augustan history, wherein a contract was signed with a private company (The Hartwell Company, with Rodney Hartwell at the helm), charged with operating the Society's publications and headquarters, and permitting them to profit therefrom. The Augustan Society would continue under such circumstances, and that body's non-profit status would permit donations to the Society to continue as before.
A third option is for the Augustan Society to hire a strong [[Executive Director]], weaken the Board to the point they only confirmed the Executive Director's contract each year, and pay the Executive Director a percentage of gross revenue. It is not clear that even a hefty percentage would be enough to attract a qualified person.
This brief history shows that there are a number of ways of managing the goals of The Augustan Society tried over the years, and perhaps more yet to be tried. Time will tell if current operating practice is optimal, or even sufficient.