Legal Entities 101:Legal Entities for Creative Businesses
Friday, January 21, 2022 | 10am – 12:00pm on Zoom
Whether you’re a new art school grad or a seasoned veteran, managing the business of your creative practice can be overwhelming, and maybe even a little scary.
In this workshop, we aim to take some of the mystery out of being a small business owner by introducing you to basic, common legal entities. We’ll discuss traditional business structures—sole proprietorships, corporations (including benefit corps and co-ops), and limited liability companies (LLCs)—the advantages and disadvantages of each, and general formation and maintenance requirements. Artists and Creatives of all experience levels and creative disciplines are welcome!
Legal Entities 102: Charitable Nonprofit
Monday, February 14, 2022 } 9:00am – 10:30pm on Zoom
What’s the difference between a nonprofit corporation and a for-profit corporation? Do “nonprofit” and “not-for-profit” mean the same thing? What is a “501(c)(3)”? Why do I need to file a return if my company is exempt from taxes?
Whether you’re hoping to create a brand-new charitable nonprofit or you’re currently a leader in an existing one, if you’ve also struggled with any (or all) of these questions, then this workshop is for you!
All start-up nonprofits are invited to attend this workshop led by experienced nonprofit attorneys, where we’ll walk through the fundamentals of the important (but complicated) process of establishing a charitable, tax-exempt, nonprofit corporation.
Topics include:
• For-profit vs. nonprofit organizations
• Fiscal sponsorship
• Nonprofit corporate structure
• 501(c)(3) federal tax-exemption
• Duties of nonprofit directors and officers
• State and federal reporting requirements
The Connecticut Office of the Arts (COA) has partnered with the Arts & Business Council of Greater Boston to develop and implement a Volunteer Lawyers for the Arts (VLA) service program for the arts sector across Connecticut. The Connecticut Volunteer Lawyers for the Arts will provide legal services, advice, and educational programming to artists, creative entrepreneurs, and arts organizations throughout Connecticut. Learn more on the COA website.
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