The Opportunity Arts/Pentacle Partnership Opportunity Arts provides fiscal sponsorship opportunities for Association of Career Artists members through our partnership with Pentacle, a not-for-profit infrastructure support organization based out of New York City with over 40 years of experience providing fiscal services to the arts community. With this venture, Pentacle’s Fiscal Sponsorship program, Unique Projects, will be available to A.C.A. Members, providing additional perks and support.
What is Fiscal Sponsorship Fiscal Sponsorship offers individual artists and companies the legal and tax-exempt benefits of a 501(c)(3) organization without the challenges of incorporating.
Benefits of Being a Fiscal Sponsorship Partner: Automatic membership to Pentacle's basic sponsorship program, Unique projects.
Ability to accept tax deductible donations
Ability to apply for corporate/foundation funding and certain grants
Discounted studio space
No membership fees
Dedicated Administrator
Free professional development webinar on Fiscal Sponsorship for your constituents
As an A.C.A. Member, you have access to membership in Pentacle's basic sponsorship program, Unique Projects at no extra fee. Some benefits of accessing this membership are the ability to accept tax deductible donations, ability to apply for corporate/foundation funding and certain grants, and discounted studio space.
More About Fiscal Sponsorship
Unique projects: Unique projects is a basic sponsorship program which gives artists the ability to receive tax deductible donations and eligibility to apply and receive foundation grants. Artists work with a dedicated administrator to clearly, reliably, and efficiently process their donations and send acknowledgments on their behalf. This service is ideal for emerging or established artists with project-specific fundraising needs. An administrative fiscal sponsorship fee will be applied to all incoming donations/grants received by Unique Projects on the artists' behalf - 5.5% fee for unincorporated artists and 7.5% fee for incorporated artists.