Community Theater Green Room Discussion Board: Stipend Question

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brianwolters
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Joined: 9/04/06
Location: United States
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Posts: 20

Topic: Stipend Question
Posted: 8/10/07 at 2:47pm

Got a question a little different from the current Stipend discusion.

Being non-profit, are you limited on what you can Stipend? And if the by-laws say nothing about it, if the Chairman directs a show, can they receive a Stipend or is that a conflict of interest?

Thanks...

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B-M-D
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Joined: 11/03/05
Location: United States
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Posts: 346

Posted: 8/15/07 at 7:12pm

None of what you mention would prevent your organization from being a non-profit or violate it's non-profit status. The stipend is considered an expense of doing business. Non-profit doesn't mean that you don't make money. It means that all "profits" go back into the oranization so that it can continue to do whatever it does. That's true whether it's finding a cure for cancer or putting on Hello Dolly.

I beleive that in a non-profit there simple aren't any share holders or owners to distribute the profits to. Money taken in ultimately goes back into the opperation of the organization.

In any event talk to an attorney that's more expert at these things than actors, wanabe directors, miscreants and generally shady entertianment folks.

"Dying is easy, comedy is hard."

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Gaafa
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Joined: 3/21/04
Location: Australia
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Posts: 1181

Posted: 8/15/07 at 9:22pm

Originally posted by B-M-D

In any event talk to an attorney that's more expert at these things than actors, wanabe directors, miscreants and generally shady entertianment folks.

I agree with B-M-D, not sure which dogergory I would fall into?
But as with the Local Government Act by the London Corporation passed in Elizabethian times.
'Players of entertainments & interludes should be regarded as Rogues & Vagabonds & be sent to whence they came' or words to that effect.
I think the only possible conflict maybe if your group does not normaly pay a stipend, as oposed to a perdium. Then the chairman has proposed the motion &/or voted on it, without excluding himself on a pecuniary interest bases.
But if it is general procedure previously agreed to, it is hardly 'members profiting from membership'.
But there again not being a Solicitor of the Courts or even theatre for that matter now, check it out legaly.

Joe
Western Gondawandaland
turn right @ Perth.
Hear the light & see the sound.
Toi Toi Toi Chookas {{"chook [chicken] it is"}
May you always play
to a full house}

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Money Talk
Community Theater Green Room Discussion Board :Theater Administration :Money Talk

Topic: Stipend Question( Topic Closed)