Arts and Culture
Arts and cultural institutions are essential to making our communities vibrant.
They help provide meaning and fulfillment so that we can all enjoy a better quality of life. Providing this enrichment to our society, however, comes with a cost. Organizations need to plan for years in advance and make critical financial commitments, while being reliant on the generosity of donors. The BPM Nonprofit team is deeply experienced with arts and cultural institutions, helping them navigate the ever changing tides of industry updates and regulations. As the premier nonprofit accountants and consultants, we have worked with a number of world-class cultural organizations of varying types, including:
- Centers for the Arts
- Festivals
- Museums
- Performing Arts
- Visual Arts
Relying on public support, complying with regulations, building reserves, and establishing sufficient capacity and facilities are just a few of the financial and operational challenges that arts and cultural institutions must face. The BPM Nonprofit team understands the unique business model you have and can help your efforts become more effective. Our range of expertise includes:
- Alternative Investment Due Diligence
- Art Collections
- Audit
- Boards and Governance
- Capital Campaigns
- Cash Flows and Projections
- Cloud Computing
- Compensation Planning
- Dashboards and Benchmarking
- Endowments and UPMIFA
- Enterprise Risk Management
- IT Services and Outsourcing
- Nonresident Alien Taxation
- Pension Audits
- Planned Gifts
- Sales and Use Tax
- Tax
- Tax-Exempt Bonds
- Unrelated Business Taxable Income
