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 1, 2024 | Taxes
Key Differences Between a Financial Audit & Financial Review A financial audit and review are two different types of financial assessments conducted by professionals to evaluate the accuracy and completeness of financial statements. The main difference between an...
by Pentacle-nextSteps | Apr 23, 2024 | Institutional Funding, Making Money in the Performing Arts
Tips for Obtaining Institutional Funding Development & Fundraising through Institutional Funding Everyone needs money, and if you are an artist, nonprofit, or dance organization, a good chunk of your income is probably raised through fundraising. In the nonprofit...
by Pentacle-nextSteps | Jun 12, 2023 | Build Your Startup
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 artistic services. Employers can also input their annual budget to see...
by Pentacle-nextSteps | May 22, 2023 | Build Your Startup
Top CRMs for Non-Profit Entities Salesforce Salesforce is a widely used CRM system that offers robust features and customization options. Nonprofits can use Salesforce’s Nonprofit Success Pack (NPSP), which includes features tailored to the needs of nonprofit...
