There are other many ways to monetize your website:
1) You can put Google ads in it.
2) You can put affiliate banner and links within the pages.
3) You can monetize it by letting other people put their ads for a fee.
4) You can make it as a squeeze page to get information, and sell a product to the visitors..
There are lots of ways.. But, first you have to learn the basics of these.. Just surf around and you can get some ideas relating to these..
Thanks