What is fiscal sponsorship and why is it needed?
Fiscal Sponsorship gives an artist or emerging arts organization access to funding opportunities and other resources through an affiliation with a tax-exempt 501(c)(3) organization. Fiscally sponsored artists and organizations can apply for grants from foundations or corporate funders that are usually restricted 501(c)(3) tax-exempt organizations. And individual donors who support a fiscally sponsored artist or organization enjoy the tax incentives of making a charitable donation.
