November 16th, NYC: ‘Fiscal Sponsorships: An Alternative to Forming an Arts Nonprofit’

Volunteer Lawyers for the Arts
Fiscal Sponsorships: An Alternative for Forming an Arts Nonprofit
Wednesday, November 16, 2011, 6:00-8:00 pm

“Many independent artists, as well as small and new arts organizations, require public donations and contributions to carry out certain artistic projects. Without the requisite 501(c)(3) status, these artists and organizations face difficulties in raising funds from philanthropic individuals, charitable foundations, and government institutions. Fortunately, Fiscal Sponsorships exist which enable individual artists, as well as small and new arts organizations, to raise grants and tax-deductible contributions for their projects. Because Fiscal Sponsorships are regulated by the IRS, there are some complicated legal issues involved. Failure to comply with IRS regulations can create legal complications for the artist and/or organization. Additionally, a Fiscal Sponsorship creates an arrangement between artist and sponsor, thus calling for a written agreement where issues of liability and intellectual property will be clearly manifested.  This class will be taught by Sergio Muñoz Sarmiento, Esq., VLA’s Associate Director.”

Download the registration form here.

Fees: (there is a late registration fee of $10 if you register the day of the class)
$15 Artist VLA member
$20 Artists non-member
$75 Legal Professional VLA member
$100 Legal Professional non-member Free for YAM’s (Young Associate Members) and All You Can Learn Pass

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