Difference Between Non-Profit and For-Profit Entities
April 23, 2024
Difference Between Non-Profit and For-Profit Entities What is a Non-Profit Entity? A non-profit, not-for-profit, or NPO, is an organization that does not seek to earn profit for its owners. Rather,...
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...
What is a LLC?
April 23, 2024
What is a LLC in the Performing Arts? Definition of LLC A Limited Liability Company (LLC) is defined as a legal business entity that limits the company’s members from risk of loss. The owners of an...
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...
What is a C Corp?
April 23, 2024
What is a C-Corp? What is a C-Corp, and how does it differ from other types of corporate structures? A C corporation (C corp) is defined as a legal business entity that is taxed separately from its...
What is a Sole Proprietor?
April 23, 2024
What is a Sole Proprietor? Definition of Sole Proprietor for Those in the Performing Arts A Sole Proprietor is an entity that is not incorporated (as a C-corp, S-corp, or other corporate structure)....
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...
New York City Fiscal Sponsors
January 23, 2021
New York City Fiscal Sponsors List of Fiscal Sponsors in New York City Organizations that act as fiscal sponsors provide a vital service in the cultivation of new projects and entities. Learn more...
5 Ways That You Can Benefit From Fiscal Sponsorship
January 14, 2021
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...