by pennextsteps | May 14, 2024 | Accounting for the Performing Arts, Bookkeeping with Quickbooks
What is a Chart of Accounts (COA)? Why is a Chart of Accounts (COA) important for your bookkeeping practices? A Chart of Accounts (COA) is a list of the accounts that an organization has identified for recording and allocating transactions in its general ledger....
by Pentacle-nextSteps | Apr 23, 2024 | Fundraising Events
Q&A: Marketing your Performing Arts Fundraising Event Unveiling the Power of Event Fundraising: Elevate Your Fundraising Efforts! Hosting an event stands out as one of the most collaborative ways to raise funds. From planning to execution, various steps and...
by Pentacle-nextSteps | Apr 23, 2024 | Make the Most of Your Fiscal Sponsor
How to Apply for a Grant Through a Fiscal Sponsor Fiscal Sponsors Help Open Doors To Nonprofit Grants Fiscal Sponsors Give You the Ability to Put Your Work Before More FundersOne of the many benefits of having fiscal sponsorship is the ability to apply for grants...
by Pentacle-nextSteps | Apr 23, 2024 | Become a 501(c)3 Non-Profit in the Performing Arts, Choose A Structure
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, all of the money earned is used to keep the organization running and...
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...