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...
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...
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...
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)....
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...
Determining Pay Rates for Your Team
June 12, 2023
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...