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Can someone please suggest something to me? This is for a non-profit organization, and I think I should turn this over to the pros if I can't help them, but budget is a major concern.
Please let me know if you have any suggestions on how to manage this.
If the rss file comes from another site's feed then use the MSXML4 component read it, split the feed up into header and items and store them in database tables. You then write some pretty standard routines to view, edit, and insert records into a database. And at the end you write a page to read the database and rebuild the rss feed from the stored header and items.
It is possible to do the whole thing on the fly using the MSXML4 component but why complicate the solution by trying to do that.