How exactly does fiscal sponsorship with Arts Engine, Inc., work?
Once your project has been awarded a grant or receives a contribution, the funds are mailed to Arts Engine, Inc. We then deposit the funds in our tax-exempt bank account. Within the next 15 days, a check is written to the Project Director or the production company. Checks are disbursed to one name only. Your responsibilities: • Provide Social Security and/or Tax ID information to Arts Engine, Inc. once admitted to our fiscal sponsorship program. • Handle your own production accounting. • Conform to the production guidelines specified in the grant when using received funds. • After making use of the full grant, or at the end of the calendar year, supply Arts Engine, Inc., with an expense report that indicates how funding regranted by us was spent. • Maintain proper tax records, allowing Arts Engine, Inc., to provide tax authorities with the necessary paperwork in the event of an audit. • Credit Arts Engine, Inc., as a fiscal sponsor in the end credits of your film. Arts Engine will repo
