Artists are fantastic multitaskers and project managers. Often, in the course of a single day, you might function as everything from a creator, to a curator, editor, manager, assistant, fundraiser, and gopher. Never mind going to the grocery store! So when it comes time to find people who will support your projects, it’s hard to find time to start. Thankfully, finding prospective donors to support your work isn’t as mystical as it seems. A little bit of research can go a long way!
One of the most amazing things about today’s artistic world is how collaboration can happen across borders; both state borders and societal ones. People who might never have met have the opportunity to work together toward beauty, inspiration, justice, peace—and pure creative exploration. Tools to facilitate collaboration unbounded by geographic location are increasingly ubiquitous in our everyday life.
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When you’re raising money as an artist, it’s easy to spend all your energy on soliciting new donations. Whether you’re busy leveraging connections, creating crowdfunding campaigns, writing solicitation letters, crafting elegant social media communications, or all of the above, it can feel like a full-time job. Once the donation finally comes in, however, things are just getting started.
Fiscal sponsorship is something that a lot of folks don’t know about or realize can be an option for funding their work. At its core, fiscal sponsorship is a relationship with a 501(c)(3) nonprofit organization that enables individuals, collectives, and other groups to enjoy some of the benefits of the sponsoring organization’s nonprofit tax status.