Elevate Your Film
Through Fiscal Sponsorship
What is Fiscal Sponsorship?
Fiscal sponsorship is a legal and financial arrangement where a nonprofit organization helps individuals or groups raise funds for projects that align with its mission. Through this partnership, the nonprofit allows the sponsored project to use its tax-exempt status, enabling donors to make tax-deductible contributions.
By working with Black Film Space, you can use our 501(c)(3) status to accept tax-deductible donations, helping you to create opportunities to attract donors and achieve your fundraising goals effectively.
How It Works
You fundraise for your project under our nonprofit’s 501(c)(3) status.
Donors receive tax-deductible receipts for their contributions.
We handle the administrative tasks, like tracking donations and issuing receipts, while providing basic promotional support for your project.
Why Choose Us?
Mission-Driven Support: We’re dedicated to empowering Black filmmakers and helping their stories come to life.
Low Fees: We only take a 7% administrative fee, which is lower than many other fiscal sponsorship programs.
Comprehensive Help: From donor management to promotional support, we’re here to simplify the administrative side of fundraising.
Increased credibility for fundraising campaigns.
Eligibility Requirements
To qualify for our fiscal sponsorship program, your project must meet the following criteria:
Fundraising Goal: Your project must aim to raise at least $25,000.
Mission Alignment: The project should align with our mission and values, contributing to a charitable, educational, or cultural purpose.
Nonprofit Compliance: All funds must be used exclusively for nonprofit-compliant activities. Funds cannot be used for personal expenses or activities that do not align with nonprofit purposes.
United States Based: Your project must be based in the United States We are unable to sponsor projects operating exclusively outside of the U.S. due to compliance with nonprofit regulations and oversight requirements.
Submit an Inquiry Form
Complete our online inquiry form with details about your project, fundraising goals, and plans for using the funds.Application Review & Calls
We’ll review your application to ensure it meets our eligibility requirements. If your project qualifies, we’ll schedule up to two calls to discuss your project and clarify next steps.Sign the Fiscal Sponsorship Agreement
Once approved, you’ll sign an agreement outlining the terms of our partnership, including our 7% administrative fee and compliance expectations.Launch Your Fundraising Campaign
With our support, you’ll begin fundraising under our 501(c)(3) status. Donors will receive tax-deductible receipts, and we’ll handle administrative tasks to streamline the process.Receive Funds & Execute Your Project
As donations come in, we’ll disburse funds to you according to the terms of the agreement. You can then focus on bringing your project to life while keeping us updated on your progress.
Questions? E-mail us at fiscal@blackfilmspace.com
Frequently Asked Questions
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The 7% fee covers the administrative support we provide, including:
Processing donations and issuing tax receipts.
Ensuring legal compliance with nonprofit regulations.
Providing basic promotional support for your fundraising efforts.
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The process typically takes 2–4 weeks, depending on the complexity of your project and the completeness of your application.
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We prioritize projects that align with our mission and values, particularly those focused on filmmaking, storytelling, and cultural impact. However, all projects must meet our eligibility requirements to be considered.
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If your project doesn’t meet the minimum fundraising goal, we will work with you to determine next steps. Funds already raised will remain earmarked for your project, but all disbursements must follow nonprofit compliance guidelines.
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Yes! You can use crowdfunding platforms, but donations must be routed through our fiscal sponsorship program to ensure they qualify as tax-deductible. We’ll provide the necessary instructions to set this up.
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You can submit a disbursement request, detailing how the funds will be used in compliance with nonprofit regulations. Once approved, we will transfer the funds to you.
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No. All funds must be used for the purposes outlined in your approved project proposal and must comply with nonprofit regulations. Personal expenses or activities not aligned with your project are prohibited.
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Yes. We require periodic financial and project updates to ensure funds are being used as intended and to maintain compliance with nonprofit regulations.
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We provide basic promotional support, such as featuring your project on our website and sharing it on our social media platforms. However, you are responsible for driving your fundraising efforts.
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Yes, you can reapply if your project is revised to meet our eligibility requirements. We recommend reaching out to discuss how to strengthen your application.
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If your project is delayed, we will work with you to adjust timelines and plans. If it’s canceled, we will discuss options for redistributing any remaining funds to align with nonprofit regulations.