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glossing2 ([info]glossing2) wrote in [info]fandom_lounge,
@ 2007-08-03 10:35:00
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financial transparency in nonprofit works?
Does anyone have experience with non-profit fan enterprises? That is, those that need to show financial transparency? A friend is interested in doing a zine to benefit free-speech causes; we're probably going to accept micropayments through PayPal, but any advice on how to make the accounts public and transparent would be *very* much appreciated.

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[info]brown_betty
2007-08-03 10:56 pm UTC (link)
Well, one thing is that I don't think you actually want to be a non-profit in the registered sense of the word, since that costs a bit of money to set up. What you really want, I think, is merely to run this operation at cost and be able to show the people who buy services that you're not taking a cut. Is that correct?

(Reply to this)(Thread)


[info]glossing2
2007-08-04 01:40 am UTC (link)
Yes! I suspected I was unclear - this is a not-for-profit endeavor, we'd like those who pay to be able to assure themselves that the $$$ going where we say it will, but it's in no way a whole official Non-Profit ORG or anything.

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