← 4 Funding Resources for Professional Artists

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By Janell Hazelwood | Published June 6, 2012 | Full size is 620 × 480 pixels

FISCAL SPONSORSHIP What It Is: A formal arrangement in which a 501(c)(3) public charity sponsors a project that may lack exempt status. The benefit of fiscal sponsorship is it allows you to seek grants and solicit tax-deductible donations under your sponsor's exempt status. Who It's For: Fiscal sponsorship is a good option for individuals or groups starting their own charitable programs, or artists who want to focus attention on the execution and delivery of a project rather than on corporate and tax compliance. For more information, visit Grantspace.org.

FISCAL SPONSORSHIP

What It Is: A formal arrangement in which a 501(c)(3) public charity sponsors a…