Financial Urgent Care helps artists navigate COVID-19’s impact
Pentacle’s pro bono service, Financial Urgent Care, has been helping artists navigate the impacts of COVID-19 since early April. The program works with artistic entities of all sizes to create a customized plan outlining what areas of assistance might be necessary to build a strong financial structure.
We caught up with Eryc Taylor Dance to hear more about their experience with Financial Urgent Care and what they’ve been up so far this year.
How has Financial Urgent Care affected ETD’s response to the impact of COVID-19?
Pentacle has been there for us, holding our hands when we didn’t know if we were going to have to close the door to the company, and reassuring us they would help us figure out a strategy to stay afloat. Pentacle was able to help us create a COVID emergency budget, guiding us through what to expect and insight on what’s to come. Since working with the Pentacle team, ETD has been able to stabilize, but we’ve also been able to set our sights on growth.
What was the most valuable part of your experience with Financial Urgent Care?
Pentacle provided ETD with immediate and comprehensive financial art relief. Because of the size of our operating budget, our options seemed somewhat limited at the onset of the current crisis. Pentacle was able to step in and assure me that we would be OK after all of a sudden, not seeing the monthly revenue we were used to. Pentacle also provided ETD with access to financial resources from experts in the field. We underwent an economic assessment by Clarissa Soto Josephs, who took a 360-degree look at the company. After she did a full, in-depth analysis of the company, she provided us with a comprehensive diagnosis and subsequent treatment plan complete with action items to help guide us through.
Check out the full interview to learn more about ETD’s work and Financial Urgent Care on our blog.
“Pentacle has helped ETD gain visibility around our operations, helping us streamline our financials and making it possible for us to keep the company afloat.”
—Eryc Taylor Dance
Sign up for Pentacle’s FREE Fiscal Summer Sessions!
Pentacle is ecstatic to be offering two FREE professional development workshops as part of our Fiscal Summer Sessions series. Both sessions will contain a presentation portion as well as a question and answer round. Join us for the session on Wednesday from 1-2pm EDT.
We will share the recordings on our website!
Partner with Pentacle for Marketing or Development support!
Looking for Marketing or Development support? Work with the Arts Management Training Fellowship to participate in the development of the next generation of arts leaders. We are also looking for mentors for the two Fellows. The program runs from October 1, 2020 to March 31, 2021. Learn more about working with a Fellow as an artistic entity or as a mentor.
Pentacle x Brooklyn Botanic Gardens performances
Missed the “Art in the Garden” performances at Brooklyn Botanic Garden? Pentacle was the curatorial partner for the series that just wrapped up in early August. Performances included Roster Artists Raphael Xavier and Dance Heginbotham, in addition to Company SBB and Urban Bush Women.
Share your thoughts with Pentacle! Enter to win a $50 gift card!
Pentacle remains dedicated to providing a high level of support to you during these extraordinary circumstances. As we begin to explore new initiatives, we want to hear directly from artists! We value your feedback as we continue to adapt our programs to what’s needed most at this time. Take the short survey today.