by Pentacle-nextSteps | Apr 23, 2024 | Fiscal Sponsorship, What is Fiscal Sponsorship?
History of Fiscal Sponsorship Where does Fiscal Sponsorship in the United States Come From? Fiscal sponsorship, the practice of one nonprofit organization providing administrative and financial support to another organization or project that lacks 501(c)(3) status,...
by Pentacle-nextSteps | Apr 23, 2024 | Individual Donations, Make the Most of Your Fiscal Sponsor
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 deductibility to your campaign contributors can be the factor that pushes...
by Pentacle-nextSteps | Apr 23, 2024 | Individual Donations
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 of Crowdfunding websites make it free to begin so you retain most of...
by pennextsteps | Apr 23, 2024 | Become a 501(c)3 Non-Profit in the Performing Arts, Choose A Structure
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 owners or shareholders. This includes performing arts entities. Often...
by Pentacle-nextSteps | Apr 23, 2024 | Choose A Structure
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). This includes performing arts entities. As the name implies, sole...
