Accounting for the Performing Arts

How to Create a Project Budget

How to Create a Project Budget

How to Create a Project Budget What is a Budget? A budget is an estimate of income and expenses for a set period of time in the future. You can create a budget for your entire organization or individually for each of your projects/programs. Budgets are meant to be...
How to Create an Operating Budget

How to Create an Operating Budget

How to Create an Operating Budget An Operating Budget in the Performing Arts An Operating Budget differs from a Project Budget in that it takes into account all of your project budgets, fundraising budgets, and general operating budgets in one report. This type of...
Should My Dancers Be on Payroll?

Should My Dancers Be on Payroll?

Should My Dancers Be on Payroll? Legal Implications of Payroll Employees From the perspective of the New York Department of Labor, if you are a dance company and are dictating when and where your dancers are performing their services, those individuals are considered...

Claiming Tax Deductions for Artistic Work

Claiming Tax Deductions for Artistic Work How to Claim Deductions for Your Artistic Work When it comes to claiming tax deductions for your artistic work, there are several factors to consider. Here are some general guidelines that may help you understand the process:...