by Pentacle-nextSteps | May 1, 2024 | Taxes
Key Differences Between a Financial Audit & Financial Review A financial audit and review are two different types of financial assessments conducted by professionals to evaluate the accuracy and completeness of financial statements. The main difference between an...
by Pentacle-nextSteps | May 22, 2023 | Register & Apply
Timeline and Steps Towards 501(c)3 Incorporation Incorporating as a 501(c)3 nonprofit organization can be a lengthy and complex process. Below is an outline of the general steps and timeline toward achieving non-profit status. We recommend working with a lawyer to...
by Pentacle-nextSteps | Apr 23, 2023 | Become Fiscally Sponsored in the Performing Arts, Choose a Fiscal Sponsor, Fiscal Sponsorship, Register & Apply
What Do I Need to Apply for Fiscal Sponsorship? The specific requirements for applying to different fiscal sponsorship programs will vary depending on the nonprofit that is offering fiscal sponsorship. There is no downside to contacting a prospective fiscal sponsor...
by Pentacle-nextSteps | Aug 20, 2021 | Build Your Startup, For 501(c)3 Arts Orgs, For Arts Administrators, Taxes
Employee vs. Independent Contractor What’s the difference between an employee and an independent contractor? The payment for an independent contractor is performance-based and is determined by the completion of the service they provide while an employee’s...
by Pentacle-nextSteps | Jan 23, 2021 | For 501(c)3 Arts Orgs, For Arts Administrators, For Individual Performing Artists, Volunteers & Interns
5 Questions to Ask When Hiring an Intern It’s key to ask an intern these questions before hiring them. Here are a few questions for employers to ask a potential intern, in order to learn about their work ethic and history: 1. Why did you apply for this...
