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What is Fiscal Sponsorship?
> Legal agreement with a 501(c)(3).
> Open the door to more fundraising opportunities.
> Contributions are paid to sponsor and held in restricted fund
> Eliminate the barrier of applying for 501(c)(3) status.
Fiscal Sponsorship is a formal arrangement in which a 501(c)(3) public charity sponsors a project that lacks exempt status. This is an alternative to starting a nonprofit which allows M. Chapel Projects to seek grants and solicit tax-deductible donations under the sponsor’s exempt status. Fractured Atlas is the country’s largest arts fiscal sponsor. They work with thousands of artists and arts organizations to provide education and support for raising funds. Fractured Atlas empowers artists, arts organizations, and other cultural sector stakeholders by eliminating practical barriers to artistic expression, so as to foster a more agile and resilient cultural ecosystem.