Springboard for the Arts Fiscal Sponsorship
Operatunity Theatre - "OPERA ON THE RIVER" is a sponsored project of Springboard for the Arts, a nonprofit arts service organization. Contributions on behalf of Operatunity Theatre - "OPERA ON THE RIVER" may be made payable to Springboard for the Arts and are tax deductible to the extent permitted by law.
Springboard’s Incubator is a fiscal sponsorship program that provides sponsorship for arts groups and individual artist projects that...make it possible for groups to receive tax-deductible grants and donations as they grow. In addition, Incubator artists receive support for their fundraising and marketing efforts, legal referrals, and networking support.
Incubator is designed for arts groups and individual artist projects that have a nonprofit purpose and/or are looking at becoming their own tax-exempt nonprofit organization. Sponsored projects must be artist-led, fit with the mission of Springboard for the Arts, and be based in or producing work in Minnesota.
The main and major benefit of being fiscally sponsored by Springboard for the Arts is that we will be able to use their resources to accept tax-exempt grants and donations on our behalf while we, Operatunity Theatre, are in the process of obtaining our own non-profit tax-exempt status.
Operatunity Theatre has been officially listed in Springboard for the Arts Incubator Directory in the Music section and are creating our GiveMN.org online fundraising campaign page to raise funds around the clock through this summer.