Non-profit Business Structures in the Arts

Softcover
16 pages

The words "non-profit" often appear in relation to business structures in the arts. These words are not a reflection of the fact that arts organisations seldom manage to achieve profits, but that if any profit is achieved, it cannot be distributed to members of the organisation concerned: it has to be used for the purposes of the organisation, which must include an element of community benefit. This seminar discusses matters to consider in choosing a business structure and how to set up non-profit business structures such as unincorporated associations, incorporated associations, companies limited by guarantee, co-operatives and trusts.