by pennextsteps | Apr 23, 2024 | Budgeting
How to Create a Project Budget What is a Budget? A budget is an estimate of income and expenses for a set period of time in the future. You can create a budget for your entire organization or individually for each of your projects/programs. Budgets are meant to be...
by pennextsteps | Apr 23, 2024 | Budgeting
How to Create an Operating Budget An Operating Budget in the Performing Arts An Operating Budget differs from a Project Budget in that it takes into account all of your project budgets, fundraising budgets, and general operating budgets in one report. This type of...
by pennextsteps | Apr 23, 2024 | Accounting for the Performing Arts, Budgeting
How to Complete a Cash Flow Statement What is a Cash Flow Statement? A Cash Flow Statement is a financial statement that tracks the movement of a company’s cash over a selected period of time. This is an all-inclusive statement because it includes the inflow and...
by Pentacle-nextSteps | Apr 23, 2024 | Choose a Fiscal Sponsor
Determining the Right Fiscal Sponsorship for You To get a fiscal sponsor, you will need to identify potential fiscal sponsors that align with your mission and work. Below are some things to consider. Research potential fiscal sponsorsLook for organizations with a...
by Pentacle-nextSteps | Apr 23, 2024 | Fiscal Sponsorship, What is Fiscal Sponsorship?
History of Fiscal Sponsorship Where does Fiscal Sponsorship in the United States Come From? Fiscal sponsorship, the practice of one nonprofit organization providing administrative and financial support to another organization or project that lacks 501(c)(3) status,...