by Pentacle-nextSteps | Mar 9, 2022 | 501(c)3, Accounting, Fundraising
Planning A Fundraising Event Event fundraising can be a great way to raise funds There are a number of ways to fundraise money for an organization or cause. One of the most collaborative ways to fundraise is by hosting an event. There are many steps to consider when...
by Pentacle-nextSteps | Feb 11, 2022 | 501(c)3, Arts Relief, Fundraising
Development & Fundraising for Artists How to Obtain Individual and Institutional Donations Development & fundraising through individual and institutional donations. Everyone needs money, and if you are an artist, nonprofit, or dance organization, a good chunk...
by Pentacle-nextSteps | Jan 24, 2022 | 501(c)3, Accounting, Financial Resources
Understanding A Cash Flow Statement What is a Cash Flow Statement? A Cash Flow Statement is a financial statement that tracks the movement of a company’s cash over a selected period of time. This is an all-inclusive statement because it includes the inflow and outflow...
by Pentacle-nextSteps | Jan 13, 2022 | 501(c)3, Accounting, Financial Resources
Understanding a Balance Sheet What is a Balance Sheet? A Balance Sheet is a financial statement that summarizes the company’s assets, liabilities, and equity at a specific point in time. The Balance Sheet is an essential tool used by organizational leaders, Board of...
by Pentacle-nextSteps | Jan 7, 2022 | 501(c)3, Financial Resources
Understanding A Profit and Loss Statement What is a Profit and Loss Statement? A Profit and Loss Statement (P&L) is a financial statement that measures the revenues, costs, and expenses incurred over a specific accounting period. P&Ls reflect an organization’s...
by Pentacle-nextSteps | Dec 22, 2021 | 501(c)3, Virtual Performances
Understanding Music Copyright for Dance It’s critical to understand how music copyright works for dance organizations. All popular music is protected by one of two performance rights organizations–Broadcast Music, Inc. (BMI) or American Society of Composers, Authors,...