{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Built for Good","title":"The Art (and Law) of Fiscal Sponsorship with Lisa Burger of Independent Arts & Media","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/a1405ddb\"></iframe>","width":"100%","height":180,"duration":3616,"description":"In this episode, host Kian Alavi sits down with Lisa Burger, Executive Director of Independent Arts and Media. Lisa shares her winding journey from law to arts management, breaking down the ins and outs of fiscal sponsorship—a lifeline for many small nonprofits and grassroots projects. The conversation explores the various models of fiscal sponsorship, including legal, financial, and practical implications for project leaders and fiscal sponsors.Lisa gives real-world advice for nonprofits considering offering fiscal sponsorship, explaining key lessons learned around financial systems, HR management, compliance, and the importance of trust in sponsor-project relationships. The episode also explores common challenges, the importance of mission alignment, and the shift towards transparency and stability in the nonprofit sector, particularly in arts and media. Lisa rounds out the discussion with her personal motivations, current trends, and practical tips for potential applicants.Connect with Lisa Burger & Independent Arts & Mediawww.artsandmedia.net—Fiscal Sponsorship: 6 Ways to Do it RightBook by Gregory L. ColvinConnect with Schulman Consultinghttps://schulmanconsulting.com/Timestamped Overview00:00 Intro & Lisa’s Winding Path: Law to Advocacy04:30 Nonprofit Leadership Journey07:14 Restructuring Toward Mission Fulfillment11:34 Fiscal Sponsorship and IRS Compliance14:24 Fiscal Sponsorship Models Key Responsibilities16:07 Managing Growth in Fiscal Sponsorships20:30 Adapting Growth to Legal Changes23:22 W2 costs and budgeting26:18 Tracking Reporting and Relationships29:04 Learning Financial Oversight Systems33:54 Conflict Over Payments and Termination36:09 Fiscal Sponsor Fund Control Explained38:51 Streamlining training and onboarding44:20 Fiscal sponsorship upheaval persists46:25 Finding the Right Fit","thumbnail_url":"https://img.transistorcdn.com/dLdLeQKAsyhiksWGcx-_m-2IyLCFbGi6IazWw66ovWM/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8wMjcx/ZDM1NzY2MGE0MzI5/NGVhNDkwNzgwZjk3/NmNkMS5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}