Foundation for Independent Artists

Foundation for Independent Artists (FIA) is a comprehensive fiscal sponsorship program which offers nonprofit bookkeeping and business support. This program provides performing artists instant 501(c)(3) incorporation without the challenges of incorporating. It is ideal for those in need of bookkeeping, payroll services and insurance. Participating artists work with a dedicated administrator on a weekly basis to build their financial infrastructure and implement best business practices.

Benefits & Pricing

Bookkeeping & Financial Reporting
Daily Banking & Deposits
Bill Payments & Debit/Credit Card Disbursements
Management of Payables & Receivables
W2 & 1099 Preparation & Filing
Payroll Services & Administration
Worker's Comp, Disability & Unemployment Insurance
General Liability Insurance
Inclusion in an Audited Financial Statement
Receipt & Acknowledgement of Individual Donations
Eligible for Foundation/Corporate Funding
Dedicated Administrator
Access to NEA Funding
Access to NYSCA Funding
Recognition of In-Kind donations
Access to Discounted Rehearsal Space
Access to Materials for the Arts
40+ Years of Experience

Pricing: Instant incorporation at affordable fees

Fees for FIA are assessed at 5.5% of revenue, against a minimum base fee of $2750/year

“We are so grateful to have FIA/Pentacle's support during this incredible time of growth and transition for Literature to Life. For more than twenty years, we existed under the umbrella of larger organizations. Now we can operate as an independent organization, and FIA/Pentacle has helped make that possible by supporting us as fiscal sponsor and with all of our financial needs. Thank you for all you do!”

—Lisa Vettoso | Executive Director of Literature to Life

“We've loved working with Foundation for Independent Artists' team. They're easy to work with, super responsive and accessible, and we trust their business guidance. They've also recommended great consultants.”

—Erica Ruben | Director of Club Culture Foundation

“The Foundation for Independent Artists has been a great resource for me! It allows me to feel more secure that my dancers and I are protected and it takes a great administrative burden off of me. As an independent dance artist this kind of support is critical.”

—Beth Gill | Choreographer