Making the Most of Your Grant: Tax Tips for Artists

Are you an artist that won a grant award, but also received a 1099 from the grant organization? Watch this webinar to learn how receiving a grant as an individual—not under a nonprofit or fiscal sponsor—can impact your taxes, reporting obligations, and eligibility for public benefits. Dr. Elaine Grogan Luttrull of Minerva Financial Arts will break down essential financial concepts, offer potential ways to minimize your tax burden, and answer your questions so you can make informed decisions about applying for grant funding. Lessons shared are designed for USArtists International applicants that do not have non-profit status, but will also be broadly applicable to any individual artist receiving grant funds to support their creative work.

Support for this session is provided by the Emily Hall Tremaine Foundation.

This information is for educational purposes only. This information should not be relied upon for tax, legal or accounting purposes, or to avoid penalties under section 230. Tax laws are nuanced and specific and learning about these Itopics in a group setting is no substitute for consulting with a professional who knows the details of your unique situation.