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 | Sep 3, 2021 | 501(c)3, Accounting, Financial Resources
How to create your own bookkeeping system for arts businesses Managing your organization’s finances can tend to be overwhelming. Who gave us funds for what? Who is getting paid for their services? How do I show a final report to stay compliant with the grant I...
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 | Aug 10, 2021 | Financial Resources
How to Apply for a Grant Through a Fiscal Sponsor Fiscal Sponsorship can help navigate the grant process Fiscal sponsors help open doors for nonprofit grants One of the many benefits of having fiscal sponsorship is the ability to apply for grants usually only...
by Pentacle-nextSteps | Feb 1, 2021 | Arts Relief, Financial Resources, Fundraising
Arts Action Fund: Covid Arts Resources Table Americans for the Arts Action Fund Summarizes Covid Arts Relief Americans for the Arts Action Fund is helping artists and artistic entities stay up to date on Covid Arts Relief. This organization has been consistently...