It’s been a year since COVID-19 essentially shut down the film production world. The industry has opened up safely and slowly and more projects will go into production as vaccinations increase in each region around the world. This past year has been very, very challenging and support and assistance is still necessary for many performing arts professionals. Many funds sprung up immediately after last Spring 2020 and have since closed. This post highlights several programs and funds that are still open for emergency funding applications. Actors Fund Emergency Financial Assistance has given out over $20 million in emergency financial assistance to more than 15,000 people since March 2020. These funds…
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Financing your project: In-Kind donations
This series focuses on ways to finance your projects. This one highlights how In-Kind donations can help to get your film made. What are In-Kind donations? A recent post in this series focused on Fiscal Sponsorship and how non-profit organizations are able to give tax-deduction letters to any donors that support your film monetarily through their org. Many of those same groups can give tax deduction letters to entities that donate services, rentals, locations and goods to a production as well. If a restaurant donates free food for a shoot day’s lunches or a costume rental company donates free costume rentals for your web series, those companies can receive a…
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Financing your project – Fiscal Sponsorship
This is the first in a series about how to fund your feature, video, web series or short. Funding an independent project is always a challenge. This time we will focus on fiscal sponsorship, how it works and how it might be the right fit for your project. What is fiscal sponsorship? A fiscal sponsorship is an arrangement in which a 501(c)(3) organization (the fiscal sponsor) offers its legal and tax-exempt status to another group for a project related to the mission of the nonprofit organization (thanks to the Cullinane Law Group for this concise definition). In the United States, nonprofit organizations must work under specific criteria (i.e. charitable, educational,…
