by Brittany Couch | Aug 13, 2021 | Accounting, Fundraising
3 Accounting Terms Every Artist Should Know These terms are essential for artist accounting Chart of Accounts It is important that your organization’s money moves are informed and precise. In coordination with your Budget and Financial Reports, a consistent...
by Pentacle-nextSteps | Jan 23, 2021 | Accounting
5 Questions to Ask Your Auditor What are the key questions to ask an independent auditor? Nonprofits are required to obtain an audit or review each year, depending on their budget size. The first step in any nonprofit audit or review is contacting an...
by Pentacle-nextSteps | Jan 23, 2021 | 501(c)3, Accounting
New York City Fiscal Sponsors List of Fiscal Sponsors in New York City Organizations that act as fiscal sponsors provide a vital service in the cultivation of new projects and entities. Any project or entity can be sponsored by a nonprofit fiscal sponsor if both...
by Pentacle-nextSteps | Jan 14, 2021 | Accounting, Volunteers & Interns
Checklist for Processing 1099’s and W2’s End of Year Payroll Tax Forms: W2, 1099 Some of the most important payroll tax forms — W2 and 1099 forms — must be mailed out to your employees and contractors shortly after the calendar year ends. Any contractors...
by Pentacle-nextSteps | Jan 14, 2021 | 501(c)3, Accounting, Financial Resources
5 Ways That You Can Benefit From Fiscal Sponsorship Fiscal Sponsorship Has Both Financial and Administrative Benefits Fiscal Sponsorship has many financial and administrative benefits. Fiscal sponsorship refers to the practice of non-profit organizations...
by Pentacle-nextSteps | Jun 18, 2020 | Accounting, Arts Relief, Financial Resources
Paycheck Protection Flexibility Act Adds Key Features to Existing Payroll Protection Program (PPP) New Law Improves Provisions for PPP Loan Forgiveness PPP Applications Accepted until June 30 The Paycheck Protection Program (PPP), provides short term loans to small...
