In my new job at Drexel as Professor of Arts Administration, I've been able to research a question that has been of particular interest to me. Is the traditional not-for-profit, 501(c)3 (NFP) so cumbersome in its structure as to actually impede the very promise of its original intention? I've recently had the luxury to delve into this question, and in the process of examining it, have found what I believe are some startling flaws, but also some promising alternate structures.
So, is the NFP too cumbersome in its structure to impede the flow of artistry it is created to facilitate? As a one-size-fits-all model, the answer is absolutely "YES." For small start-ups, and for perpetual start-ups, the requirements to achieve NFP status, as well as the ongoing requirements, from financial reporting to maintenance of a fiduciary board, often overshadow the creation and presentation of artwork. Read More
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