Profit vs. Nonprofit Arts Organizations: What�s Right for You?

10/24/07

6:00PM - 8:00PM

This workshop will provide information about the basic differences between profit and nonprofit entities, with a main focus on the requirements for organizing LLCs and for profit corporations. The federal and state requirements for starting a nonprofit organization will also be covered, such as articles of incorporation, bylaws, and the first organization meeting, as well as the IRS Code Section 501(c)(3), EIN, charitable contributions and restrictions on lobbying. An overview of fiscal sponsorships and the requirements for obtaining a fiscal sponsor will also be reviewed.

Speaker:
An attorney from Volunteer Lawyers for the Arts

Wednesday, October 24, 6-8pm
St. Francis College, Founders Hall Auditorium
180 Remsen Street (between Court and Clinton Streets)

by subway:
2,3,4,5 to Borough Hall, A, C, F to Jay Street/Borough Hall,
M, R, to Court Street.

To attend, please RSVP at 718 625 0080 or seminars@brooklynartscouncil.org.