by Pentacle-nextSteps | Apr 23, 2024 | Become Fiscally Sponsored in the Performing Arts, Choose A Structure, Fiscal Sponsorship, What is Fiscal Sponsorship?
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 manage funds on behalf of another organization or individual project...
by pennextsteps | Apr 23, 2024 | Accounting for the Performing Arts, Budgeting
How to Complete a Cash Flow Statement What is a Cash Flow Statement? A Cash Flow Statement is a financial statement that tracks the movement of a company’s cash over a selected period of time. This is an all-inclusive statement because it includes the inflow and...
by Pentacle-nextSteps | Apr 23, 2024 | Budgeting
Should My Dancers Be on Payroll? Legal Implications of Payroll Employees From the perspective of the New York Department of Labor, if you are a dance company and are dictating when and where your dancers are performing their services, those individuals are considered...
by Pentacle-nextSteps | Apr 23, 2024 | Accounting for the Performing Arts, Budgeting, Financial Resources
Creatives & Credit Creatives & Credit Workshop with Tierra Bonds For artists and creatives looking to build good money habits, this fiscal session teaches you how to reach your credit score goals. Have you ever wondered how credit works and how you can use it...
by Pentacle-nextSteps | Aug 20, 2021 | Build Your Startup, For 501(c)3 Arts Orgs, For Arts Administrators, Taxes
Employee vs. Independent Contractor What’s the difference between an employee and an independent contractor? The payment for an independent contractor is performance-based and is determined by the completion of the service they provide while an employee’s...
