100 – San Francisco Study Center on Using Fiscal Sponsorship to Launch a Community-Oriented Project
I often hear from music teachers who have aspirations to start nonprofit organizations or to have a non-profit component of their music schools. Their ideas are noble and awesome, but sometimes they never get very far off the ground because of the complexities that come with starting and maintaining an official tax-exempt organization, or 501(c)3, as it’s known here in the U.S.
Today’s guests are going to talk to us about why that tax-exempt status is so important and introduce us to a little-known model that could be a game-changer for music teachers who want to make their community-oriented ideas become a reality.
FiscalSponsorshipDirectory.org (directory managed by the San Francisco Study Center)
Fiscal Sponsorship: 6 Ways To Do It Right (3rd Edition) by Gregory L. Colvin and Stephanie Petit
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