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 | 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...
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...
by Pentacle-nextSteps | May 22, 2023 | Build Your Startup
What is a Board of Directors and What to Consider When Creating One What is a Board of Directors? A board of directors is a group of individuals who are elected to govern and oversee the organization’s operations. The board is responsible for setting the...
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...
