
Fiscal Receiver
In 2015 The Alternative partnered with Arts Wisconsin and signed a fiscal receiver agreement. So what is a fiscal receiver agreement? Fiscal receivership is a financial and legal system by which a legally recognized 501(c)(3) public charity (such as Arts Wisconsin) provides limited financial and legal oversight for a project initiated independently by an artist. That “project” might be a one-time project or an independent artist or an arts organization that does not have its own 501(c)(3) status. Once sponsored in this way, the project is eligible to solicit and receive grants and tax-deductible contributions that are normally available only to 501(c)(3) organizations.
Their mission, to speak up and advocate for all the arts in Wisconsin, connects us with, and helps us serve, the wide-ranging, diverse and creative constituency of people, organizations and communities making the arts come alive in every corner of Wisconsin.
The Alternative is excited about the opportunity to work with them and continue to provide opportunties for others to be exposed to the arts while continuing to serve people under our own personal mission and receive funds to do so.
For more information on Arts Wisconsin please visit their website http://www.artswisconsin.org/ or to donate please click the following link http://www.artswisconsin.org/programsservices/fiscal-receiver-services/the-alternative/. Thank you.
