#Latest news with #artsgroupsCNA3 days agoBusinessCNAMore arts groups transforming into Institutions of Public Character to encourage more donationsMore arts groups are turning into not-for-profit organisations - specifically, Institutions of Public Character. From before the COVID pandemic to 2023, there has been a nearly 20% (17.3%) rise in arts groups getting this status. Doing so gives tax benefits to their donors, which could encourage more donations and provide more funding for their programmes and performances.
CNA3 days agoBusinessCNAMore arts groups transforming into Institutions of Public Character to encourage more donationsMore arts groups are turning into not-for-profit organisations - specifically, Institutions of Public Character. From before the COVID pandemic to 2023, there has been a nearly 20% (17.3%) rise in arts groups getting this status. Doing so gives tax benefits to their donors, which could encourage more donations and provide more funding for their programmes and performances.