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 | May 22, 2023 | Register & Apply
Timeline and Steps Towards 501(c)3 Incorporation Incorporating as a 501(c)3 nonprofit organization can be a lengthy and complex process. Below is an outline of the general steps and timeline toward achieving non-profit status. We recommend working with a lawyer to...
by Pentacle-nextSteps | May 16, 2023 | Grant Opportunities, Latest Performing Arts Resource Listings, Making Money in the Performing Arts
Grant Database Listings for the Performing Arts Below is a list of websites serving as databases for funding sources. If you’re interested in applying for a performing arts grant, filter through these organizations’ grant listings to research prospective...
by Pentacle-nextSteps | Apr 23, 2023 | Become Fiscally Sponsored in the Performing Arts, Choose a Fiscal Sponsor, Fiscal Sponsorship, Register & Apply
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 sponsorship. There is no downside to contacting a prospective fiscal sponsor...
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...
