Fiscal Sponsorship

Fiscal sponsorship allows individual artists and emerging arts organizations raise funds using NYFA’s 501©(3) tax-exempt status. Many funders only give their financial support to non-profit organizations, and by having NYFA as a fiscal sponsor you are opening up possibilities to access funding and make your work.

NYFA FISCAL SPONSORSHIP OFFERS
* The ability to apply to large-scale fundraising opportunities from foundations, government, and corporate funders that are usually restricted to 501©(3) tax-exempt organizations.
* The ability to offer individual donors a tax deduction for their gifts.

* A custom profile on NYFA’s Project Directory and ability to collect online donations.
* One-on-one fundraising strategy sessions with NYFA staff experts, including proposal writing, online giving, event planning, and board development.
* Financial services, including payroll services, and vendor payments.
* A monthly newsletter with upcoming deadlines and events.
* Access to NYFA’s wide range of services, resources, and professional development programs.

* A reputation for excellence and reliability as one of the oldest programs of its kind in the country.

Requirements

Artist Project applicants will need:
* A minimum project budget of $15,000. This money does not need to be committed before applying or being accepted into our program.
* A plan of how you will raise funds to accomplish your project.
* NYFA sponsors specific projects with a clear scope, start, and projected end date. (You can have multiple projects in fiscal sponsorship, and each requires its own application.)
* A social security number, or be incorporated as an LLC or corporation in the US.
* Cannot be enrolled in a degree-seeking program of any kind

Emerging Organizations applicants will need:
* A minimum annual budget of $15,000. This money does not need to be committed before applying or being accepted into our program. You will submit three years of your organizational budget.
* A plan of how the organization will raise funds to accomplish your mission.
* Incorporation as a nonprofit, or in the process of incorporating, at the state level (NYFA accepts applications from all states and US territories).
* To have the arts as their primary mission and focus.
* Cannot be enrolled in a degree-seeking program of any kind

Application Instructions

Applications for both Artist Project and Emerging Organizations will need to answer questions related to the following topics. Select the “Apply Now” button below for specific application questions:

• Brief project summary.
• Overview of project goals.
• Details about your audience, project timeline, and public benefit.
• Budget including income (with specific sources of funding listed) and a budget for expenses.
• Fundraising strategy clearly stating how you intend to raise money listed in your income budget and how you will utilize NYFA Fiscal Sponsorship in this plan.
• Resume(s) for principle artist(s)/or administrator(s).
• Work samples (from this project or a past related project).
• Up to three letters of support.

Deadlines to apply: 11:59 PM EST on March 31, June 30, September 30, and December 31. NYFA also accepts out-of-cycle applications; please email sponsorship@nyfa.org for details.

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