We’re excited to announce that we recently signed an agreement for a fiscal sponsorship with the nonprofit organization Independent Arts & Media (IAM)!
This arrangement makes us eligible for grants, lets us receive tax-deductible donations through IAM’s nonprofit structure, and gives us access to new tools, mentorship, and networking opportunities.
Our partnership with IAM will help us fulfill our purpose of publishing inclusive books. We’re still Thinking Ink Press and we’re not becoming a nonprofit.
Until this opportunity came up we didn’t even know what fiscal sponsorship was. Wikipedia has a longer explanation if you’re curious to know more.
We’d like to extend special thanks to our publishing mentor Johanna Vondeling, who recommended that we apply for a fiscal sponsorship and then helped us during the application process. Johanna became our mentor through the Innovative Voices Program at the Independent Book Publishing Association (IBPA). We learned so much from her! We also appreciate the support from Lisa Burger, the Executive Director at IAM, who answered our many questions and explained all the things that IAM offers.
What this means is that Thinking Ink Press can now accept tax-deductible contributions from anyone who files taxes with the US IRS, using IAM's 501(c)(3) tax-exempt status. IAM will accept, process, and acknowledge contributions to support Thinking Ink Press.
Buying Thinking Ink Press books and products—whether through our website, in person, or at bookstores—is still a great way to support our press and our authors directly. Thanks for buying our books! If you feel moved to support our purpose even more, now you can make a tax-deductible donation, thanks to IAM. Only donations through our fiscal sponsor are tax-deductible.
