5 Questions to Ask Your Auditor

by Pentacle-nextSteps | Jan 23, 2021 | Accounting for the Performing Arts, For 501(c)3 Arts Orgs, For Arts Administrators, For Individual Performing Artists

5 Questions to Ask your Auditor What are the key questions to ask an independent auditor?   Nonprofits are required to obtain an audit or review each year, depending on their budget size. The first step in any nonprofit audit or review is contacting an...

Checklist for Processing 1099’s and W2’s

by Pentacle-nextSteps | Jan 14, 2021 | Accounting for the Performing Arts, For 501(c)3 Arts Orgs, For Arts Administrators, For Individual Performing Artists, Taxes

Checklist for Processing 1099’s and W2’s End of Year Payroll Tax Forms: W2, 1099 Some of the most important payroll tax forms—W2 and 1099 forms—must be mailed out to your employees and contractors shortly after the calendar year ends. Any contractors who were paid...

5 Ways That You Can Benefit From Fiscal Sponsorship

by Pentacle-nextSteps | Jan 14, 2021 | Become Fiscally Sponsored in the Performing Arts, Fiscal Sponsorship, What is Fiscal Sponsorship?

5 Ways That You Can Benefit From Fiscal Sponsorship Fiscal Sponsorship Has Both Financial and Administrative Benefits   Fiscal Sponsorship has many financial and administrative benefits. Fiscal sponsorship refers to the practice of non-profit organizations...

Finding the Right Grant Funders for You

by Pentacle-nextSteps | Jan 8, 2021 | Institutional Funding, Making Money in the Performing Arts

Finding the Right Grant Funders for You: Essential Tips NEXTSTEPS GUEST WRITER: ANNA BRADY MARCUS Grant writing means finding the right grant funders for your organization Getting started with grant writing (or Institutional Development) is a daunting process, but...