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PostPosted: Fri Feb 09, 2018 9:42 am 
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Joined: Tue Jun 26, 2012 12:40 pm
Posts: 28
Proposal 1: Change art grants to be grants, not specific reimbursements for expenses.

We felt this worked well at Constellation and I'd like to propose that the Art Team consider this for PDF. Artists submit W9s and are sent 1099s if they receive more than $600 in art grants over the fiscal year. If they keep their receipts, I believe they can reduce the amount of income to declare, but artists should seek out a CPA for professional tax advice. Otherwise, artists are paid so long as they bring their piece to the event and it reflects their original submission.

Pros: It's a much simpler process for artists and the event financial team.

Cons: Artists are responsible for declaring income from the grants. Also, since some artists may not spend their full budget on their piece but are given the grant anyway, the cost of Art Grants may be higher than would be if they turned in receipts.


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