Financial Audit Vs. Financial Review
May 1, 2024
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...
What is Fiscal Sponsorship?
April 23, 2024
What is Fiscal Sponsorship? Definition of Fiscal Sponsorship in the Performing Arts Fiscal sponsorship is a relationship in which a nonprofit organization (the fiscal sponsor) agrees to accept and...
When to Choose Fiscal Sponsorship Over 501(c)3 Incorporation
April 23, 2024
When to Choose Fiscal Sponsorship Over 501(c)3 Incorporation If you have a short-term or one-time project, or are just starting out as a creator, incorporating as a 501(c)(3) is not the most...
History of Fiscal Sponsorship
April 23, 2024
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...
Renting Studio Space at a Discounted Rate
June 27, 2023
How to rent studio spaces for discounted rates Rent Studio Space at a Discounted Rate Fiscal sponsors typically rent studio space at a discounted rate through negotiations and partnerships with...
Performing Arts Grants Database Listings
May 16, 2023
Grant Database Listings for the Performing Arts Below is a list of websites serving as databases for funding sources. If you’re interested in applying for a performing arts grant, filter through...
What Do I Need to Apply for Fiscal Sponsorship?
April 23, 2023
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...
Workers Classification in the Performing Arts: Why Does It Matter?
May 19, 2022
Workers Classification in the Performing Arts: Why Does It Matter? NEXTSTEPS GUEST WRITER: STEFI GEORGE How You Classify Workers Can Make a Big Difference for Workers Compensation and Tax...
Understanding A Balance Sheet
January 13, 2022
Understanding a Balance Sheet What is a Balance Sheet? A Balance Sheet is a financial statement that summarizes the company’s assets, liabilities, and equity at a specific point in time. The Balance...
Understanding A Profit and Loss Statement?
January 7, 2022
Understanding A Profit and Loss Statement What is a Profit and Loss Statement? A Profit and Loss Statement (P&L) is a financial statement that measures the revenues, costs, and expenses incurred...