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.
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