Your contract with Shunpike is valid for one year; however, you may renew your contract each year to remain fiscally sponsored indefinitely. Your renewal will be accepted as long as you:
- Are actively engaged in producing and presenting artistic activity that has a public benefit
- Meet yearly fundraising minimums
- Pay your annual maintenance fee
- Submit your required annual renewal form and budget
If you stop any of the above for a period of twelve months, your fiscal sponsorship account with Shunpike will be closed and any applicable close-out fees will apply.
On the anniversary of your application date, you will be asked to provide Shunpike with up-to-date information on your group, its anticipated artistic programming, and financial plans for the coming year. This information helps us to assess the continued eligibility of your group and make any recommendations for your future development.
Groups who do not submit a renewal form by the date specified by Shunpike will not have their fiscal sponsorship account renewed and Shunpike can no longer accept contributions on their behalf.