by Pentacle-nextSteps | Jun 13, 2023 | Making Money in the Performing Arts, Taxes
Venmo and Taxes If you receive income through a currency exchange platform such as Venmo, you are required to report it on your tax return. This includes payment for any artistic or administrative work such as rehearsal pay or performance stipends. Even if you earn...
by Pentacle-nextSteps | Jun 13, 2023 | 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 | Jun 12, 2023 | Build Your Startup
Considerations for Determining Pay Rates Determining How Much to Pay Your Team Pentacle recommends using the W.A.G.E. calculator to get a sense for how much established institutions are paying for artistic services. Employers can also input their annual budget to see...
by Pentacle-nextSteps | May 22, 2023 | Build Your Startup
Top CRMs for Non-Profit Entities Salesforce Salesforce is a widely used CRM system that offers robust features and customization options. Nonprofits can use Salesforce’s Nonprofit Success Pack (NPSP), which includes features tailored to the needs of nonprofit...
by Pentacle-nextSteps | May 22, 2023 | Build Your Startup
What is a Board of Directors and What to Consider When Creating One What is a Board of Directors? A board of directors is a group of individuals who are elected to govern and oversee the organization’s operations. The board is responsible for setting the...
