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Stakeholders Personal Finance Series: Artist Edition - Workshop 2

  • CUE Art Foundation 137 West 25th Street New York, NY, 10001 United States (map)

Stakeholders Personal Finance Series: Artist Edition - Workshop 2

Two-Part Workshop
Session 1: Tuesday, March 15th, 6.30pm - 8.30pm
Session 2: Saturday, March 19th, 12pm - 4pm

Both sessions (Tuesday and Saturday): $70 / Members $50*
Session 1 only (Tuesday): $25 / Members $15*
Session 2 only (Saturday): $50 / Members $35*
*Limited quantity of Members tickets available. Email for discount code.

This is a two-part workshop. Participants attending both sessions will gain the most benefit, however you may sign up if you can only attend one session.

Class size limited to 15 participants.

Stakeholders PFS: Artists Edition is an experiential financial education and professional development series. The series is created around the concept of artists as entrepreneurs. From that perspective, the workshops are crafted to equip artists with practical knowledge and skills advancing their level of personal financial literacy and establishing a proper business foundation for their studio practice.

This two-session event is designed to provide practical insights to practicing artists from all disciplines and of all levels of financial experience. More experienced participants will benefit from the tax, business, and estate planning discussion. Lesser experienced participants will find a comfortable on-ramp to financial education issues and a thorough grounding in personal finance “best practices.”

Session 1 – “A Running Start” 

Tuesday, March 15th, 6:30-8:30pm

This participatory workshop provides a meaningful introduction to the financial planning process. We’ll review a framework for organizing your personal finances while moving deeper into discussions of cash flow management, credit management and income taxation. This session is designed to:

  • Draw out your individual financial concerns (with due regard for privacy!)
  • Provide practical guidance and eye-opening insights into “best practices” of personal financial management.
  • Lay the groundwork for more detailed analyses, discussion of advanced topics and review of strategic business considerations.

Session 2 – “Pulling it All Together: Your household, your art practice and your business” 

Saturday, March 19th, Noon – 4:00pm

This four-hour session begins by separating personal finances from those of your art practice. We’ll discuss how and why to approach your creative enterprise as a business along with the corporate and tax implications of doing so. Key aspects of retirement planning and use of trusts will be highlighted. Issues we’ll review include: 

  • LLC formation; 
  • bookkeeping; 
  • deductible expenses; and 
  • estate planning.

Ample time will be set aside for questions and answers.

The presenter, Darwin F. Brown, J.D. is a wealth strategist and brings more than a decade’s worth of experience in financial planning, estate planning and portfolio management. Mr. Brown specializes in taxation and strategic wealth planning for owners of closely-held companies. He maintains a unique expertise in business-owner equity exits and estate planning related to visual artists and artworks.

Later Event: April 16
Art Handling: 2D Packing