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...
Cultivating Individual Donors in the Performing Arts
April 23, 2024
Cultivating Individual Donors in the Performing Arts Development & Fundraising through Individual Donations Everyone needs money, and if you are an artist, nonprofit, or dance organization, a...
Determining the Right Fiscal Sponsor for You
April 23, 2024
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...
Running a Crowdfunding Campaign Through a Fiscal Sponsor
April 23, 2024
Running a Crowdfunding Campaign Through a Fiscal Sponsor Running a crowdfunding campaign through a fiscal sponsor can be a great way to raise funds for your project. Being able to provide tax...
Crowdfunding Versus Fundraising
April 23, 2024
Crowdfunding versus Fundraising What is the difference between Crowdfunding and Fundraising? Crowdfunding is exclusively online while fundraising could be either in person or virtual. The majority...
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...
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...