Workshop | Tax Tips for Arts Organisations
Gemma Robins
Tax Tips for Arts Organisations – Perth
Creative Partnerships Australia
Wednesday, 30 September 2015 from 9:30am – 11.30am
Real talk: tax is boring, but important. For arts organisations, navigating the sometimes muddy waters of taxation law, particularly in relation to fundraising, can mean the difference between an effective fundraising strategy that secures new revenue streams, and failure (not to mention breaking the law!).
To help you be the best the fundraisers you can be, we’ve teamed up with The Arts Law Centre of Australia and the Australian Tax Office to provide senior fundraising staff, general managers and finance managers with the essentials of fundraising tax law.
These two-hour workshops will hardly make your pulse race, but it’s knowledge you can use. And best of all, they’re FREE!
Who it’s for:
These workshops are essential for General Managers, Finance Managers and senior staff responsible for fundraising within arts organisations.
Note to artists: this workshop is for arts organisations. If you’re an artist thinking about becoming an entity or want information about options in this area, the workshop could be of value. Please note, however, that these workshops will not cover independent practices.
What you’ll get:
You’ll learn the essentials of fundraising law, including:
- How to best set yourself up to fundraise to support your practice and business
- Fundraising options and responsibilities for incorporated bodies
- Fundraising options and responsibilities for unincorporated bodies, including the Australian Cultural Fund, bequests, sponsorship and auspicing.
- Revenue opportunities – including donations of cash and other, bequests, Private Ancillary Funds (PAFs), foundations and the Cultural Gifts Program (CGP)
- Structural options for unincorporated bodies to help these bodies fundraise better; and the pros and cons of each in relation to developing new revenue streams
- The pathway to being incorporated and securing all the bells and whistles, including Deductible Gift Recipient (DGR) and Tax Concession Charity (TCC) status, the Register of Cultural Organisations (ROCO) and the Australian Charities and Not-for-profits Commission (ACNC).
We’ll address the following questions, and more:
- What are the pathways to being incorporated and securing DGR and TCC?
- What are the pros and cons of being an incorporated body? How can being one help us fundraise better?
- If we don’t want to be an incorporated body, what are our options if we want to fundraise?
- What are the most important rules of fundraising taxation law?
- Are we breaking the law when we fundraise? How do we make sure we’re doing things by the book?
- Representatives from all three organisations will be on hand to present the most common scenarios, options and responsibilities for both unincorporated and incorporated arts organisations, and answer any nagging questions you may have about the big scary world of tax law.
