Archive: Fiscal
May is Asian and Pacific Islander (AAPI) American Heritage Month! Join us this month in celebrating the staff and artists who make up Pentacle’s diverse community. Get to know our newest Artist Services staff member, Erin Kenna! She has already been a wonderful addition to our staff and is instrumental in… Read More
May is Asian and Pacific Islander (AAPI) American Heritage Month! Join us this month in celebrating the staff and artists who make up Pentacle’s diverse community. Get to know Fiscal Associate, Sarah Suzuki! As many of you know, Sarah’s expertise in all things fiscal has helped numerous Pentacle… Read More
STAYING UPDATED ON BEHALF OF OUR COMMUNITY New York Senators Chuck Schumer and Kirsten Gillibrand lead a virtual Town Hall in late April, outlining how they are representing the special needs of New York State nonprofits in Washington. Over 1700 nonprofits… Read More
Form 990 now due July 15 The Internal Revenue Service has now extended the deadline for tax-exempt organizations to file their federal Form 990 to July 15. Form 990s are usually required to file the Form 990 no later than four and a half months after their… Read More
CARES ACT EXPANDS ECONOMIC INJURY DISASTER LOAN PROGRAM The Small Business Administration’s Economic Injury Disaster Loan Program (EIDL) is helping small businesses with loans up to $2 million to help recover from temporary loss of income due to COVID-19. Read more at nextSteps… Read More
Apply For Emergency Funds through The Actors Fund Pentacle supports and recognizes other organizations giving arts relief to artists during emergencies. Many need support that goes beyond the administrative help we provide. This week, we profile The Actors Fund, one of the industry’s best-known and trusted organizations. Read… Read More
Tips for Maintaining Good Financial Health as an artist Market downturns can be scary, but there are ways to ease those fears. In addition, there are concrete steps you can take as an artist to maintain good financial health. Julian Schubach, longtime friend of Pentacle, answered a few Frequently… Read More
Providing immediate and comprehensive financial arts relief In response to a prevalent need in the community for immediate and comprehensive financial relief for arts nonprofits and individual artists, Pentacle’s Financial Urgent Care will now offer pro bono financial assistance… Read More
LEARN MORE ABOUT HOW YOU CAN APPLY FOR UNEMPLOYMENT INSURANCE As numerous performing arts companies and individual artists have lost vital streams of income due to the Coronavirus pandemic, many of us now need to file for unemployment. As of March 27, 2020, unemployment benefits have been extended for some… Read More
Tax Deadline Extension helps with Arts Relief Pentacle knows many of our artists have intricate tax seasons due to multiple income sources and therefore file extensions. The IRS has extended the deadline to file and pay federal income taxes to July 15,… Read More