Fiscal Sponsorship
Become a member with fiscal sponsorship. Take your creative projects to the next level and join a dynamic, arts community.What is membership?
Membership at Intersection includes fiscal sponsorship, discounts on workshops, arts coaching, coworking space, and staff support. Plus, you join a dynamic community of people making art happen in the Bay Area.
What is Fiscal Sponsorship?
Fiscal Sponsorship is a partnership in which a 501(c)3 nonprofit (“the fiscal sponsor”) sponsors a project so the project can access grants and tax-deductible contributions.
We provide administrative support in return for a 10% fee on the fiscally sponsored projects’ income. Whether you’re on the path to become a nonprofit, aren’t ready to become a nonprofit, or simply don’t want to, our fiscal sponsorship program empowers you with resources and knowledge to realize your goals.
Apply
We fiscally sponsor projects across many disciplines and backgrounds.
- Your project relates to arts or culture
- Your project is non-commercial in nature or has a community benefit
- You want to access funds from charitable sources such as foundations or individual donors
- Your project will take place in the Bay Area
- You have a committed project director
The next cycle for application reviews will begin on April 1, 2023. Applications can be submitted before April 1, 2023, however, they will not be considered until the review cycle begins.
Click here to submit questions about the Fiscal Sponsorship Application.
Member Benefits
- Access to grants and tax-deductible contributions
- Dedicated staff support for all questions and concerns
- Free grant reviews for all grant applications
- Discounted rates for workshops and arts coaching
- Discounted rates for coworking and space rentals
- Help tracking expenses and managing 1099 forms
- Ability to securely receive online donations through Flipcause (learn more about what you get through Flipcause)
- Monthly account statements
- Formal tax acknowledgment letters to donors
- Shout-outs on our social media
How it works
Cost of Membership
- $50 nonrefundable application fee
- $100 intake fee due at contract signing (if project is accepted)
- 10% fee on the fiscally sponsored projects’ income (see FAQ for details)
- $100 annual renewal fee
Timeframe
The application review and onboarding process takes 2-3 weeks.
Application Process
Before you submit:
- Download and complete the Budget Form (use Adobe Reader – it’s a free download)
- Gather materials: work samples, resume(s), and completed budget form
- Tip! Write your answers in a separate document. When you’re ready to submit, copy and paste your answers into the application form fields.
After you Submit
- We review your application to determine if your project meets our criteria
- We set up an in-person interview to learn more about your project
- We determine whether to approve the project
If accepted, you will
- Attend an orientation meeting with Intersection staff
- Designate one person to be your project’s legal representative
- Complete an intake form
- Review and sign a contract for a trial period of one year
- After one year, you can choose to renew your project
Frequently Asked Questions
Why would I need fiscal sponsorship?
To fund your creative projects and art practice.
Most private and public funders only grant funds to projects that are a 501c3 nonprofit or that are fiscally sponsored by a 501c3 nonprofit. With our fiscal sponsorship, you’re held under Intersection’s tax-exempt status. While we focus on the administration, you can focus on your art and mission.
Why should I get fiscal sponsorship instead of becoming a 501(c)3 nonprofit?
501(c)3 nonprofit status comes with bureaucratic responsibilities that can be hard for individuals and organizations to manage. For most individuals and small teams, fiscal sponsorship is a better alternative. Whether you want to become a 501(c)3 nonprofit or not, we help you achieve your goals.
Do I have to run all of my project income through my Intersection account?
You must run donations and grants through your Intersection account. You’re not required to run earned income (such as ticket sales, merchandise sales, and contracted service fees) through Intersection. However, many members choose to run earned income through Intersection because it simplifies bookkeeping processes and often lowers their taxes.
Can I have multiple fiscal sponsors?
No. Intersection’s fiscal sponsorship contract is exclusive. This also helps you stay organized.
How does Intersection manage my project funds?
We set you up with an Intersection account. Money coming into your project will go into this account. You can then use funds in this account to pay yourself, others, and project expenses. We provide you with financial reports of your account activity.
How do I pay myself and others?
We set you up with an Intersection account that contains available funds. To use these funds, you submit check requests to Intersection. We process checks weekly, and can mail checks directly or have them available for pickup at Intersection’s office.
Can I have multiple projects with Intersection?
Yes.
Should I set up a bank account for my Intersection project?
This is up to you. Some members find it beneficial to keep their project finances separate from their personal finances. For smaller-scale projects, it’s usually not necessary.
Do I pay taxes on money I receive from Intersection?
Yes. You will pay taxes on money you earn as an independent contractor (i.e. artist fees, administrative support, or other contracted services). Intersection issues 1099 forms to you and all of your contractors every January.
You will not pay taxes on reimbursements for expenses paid out-of-pocket. These are not tax-eligible and will not appear on your 1099.
Can I apply under my LLC, corporation, non-profit corporation or sole proprietorship?
Yes.
Members
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