- It is understood that __________________________________ (hereafter referred
to as the Affiliate) and Early Music America, Inc. (hereafter referred to
as EMA) will be parties to this agreement dated [__/__/____]. This
agreement is entered into to further the tax-exempt purposes of both the
Affiliate and EMA.
- Accordingly, for one year from the date of this agreement EMA will act as
the fiscal agent for the Affiliate. Renewal will be conditional upon a yearly
review of the required reports from the Affiliate (see below) and its
activities, at which time EMA may elect to renew, revise or terminate this
agreement.
- EMA will administer all donated funds, whether public or private, solicited
and/or received by the Affiliate through employment of EMA's tax-exempt status,
and it will retain control and discretion over all such funds distributed to the
Affiliate. The Affiliate agrees that all such funds received from EMA will be
applied only toward projects and purposes approved in advance by EMA.
- EMA agrees that it will not impose its artistic viewpoints or decisions upon
the Affiliate or its projects.
- The Affiliate agrees to maintain complete and accurate records, including
receipts, of all income and expenses, as well as a complete file of production
subcontracts and other documents, rights arrangements, and property
acquisitions. Further, the Affiliate agrees to provide copies of these materials
to EMA as and when required by EMA. These records should be retained by the
Affiliate for at least five years from the end of the year of the completion of
the project, as required by the Internal Revenue Service.
- In addition, the Affiliate agrees to furnish the following program and
fiscal reports to EMA:
- Status reports of all projects provided quarterly, commencing three months
from the date of this agreement
- Final reports, provided within sixty days of the completion of the project.
- Additional status and funding reports as required by EMA and individual
funding sources.
- The affiliate agrees to notify the Society of all public and private grant
applications and/or requests before they are submitted, to provide copies of all
grant proposals and donation solicitations to EMA for review and approval
mutually beneficial dates and times for submission and distribution. The
Affiliate also agrees to file all reports to public and private funding agencies
through EMA.
- The Affiliate agrees to periodic audits and/or examinations by EMA of its
financial and accounting systems as required by EMA
- The Affilate agrees that no funds raised through EMA's auspices will be used
to engage in electioneering or lobbying activities.
- The Affiliate agrees that EMA retains the right to terminate this agreement
and the fiscal sponsorship relationship at any time if the terms of the
agreement are not complied with, and that EMA may, in such circumstances,
reclaim all unused funds raised through EMA's auspices.
- EMA will file forms 1099 with the Internal Revenue Service at the end of
each calendar year reporting all disbursments made to individuals in excess of
$600 during the year., as required by law. The Affiliate agrees to keep accurate
records of such payments, including the namse, addresses, and social security
numbers of all recipients and to supply the this information to EMA in a timely
fashion. The Affiliate understands that it may be responsible for reporting to
the IRS and/or other agencies any funds received through EMA's auspices.
- The Affiliate agrees to be responsible for all pertinent and project-related
payroll taxes, as well as SDI and workers compensation costs. It is agreed that
neither the Affiliate, its members, nor anyone employed or contracted by the
Affiliate to work on its projects will be considered an employee of EMA, nor
will such persons be authorized to make any claim against EMA for unemployment
compensation, workers compensation, or disability benefits.
- It is agreed that all publicity and promotional materials, including press
releases, printed materials, brochures, flyers, posters, programs, and
advertisements related to the Affiliate's projects will contain proper credit to
EMA, including the phrase "[Project] made possible by the fiscal sponsorship of
Early Music America, with funding provided by [Agency or Agencies]," or an
alternative phrase acceptable to EMA.
- It is also agreed that EMA may use the title and description of projects of
the Affiliate, as well as listings of grants and donations that EMA has received
on the Affiliate's behalf, for the purposes of information, publication, and
promotion. The Affiliate agrees to provide EMA with copies of reviews and other
press materials, distribution brochures, notices of performances, exhibits and
other pertinent information.
- The Affiliate agrees to hold EMA, its Board of Directors, and its employees
harmless against any claims, liabilities, and judgements that may be made
against EMA or the Affiliate as a result of any project undertaken by the
Affiliate. The Affiliate further agrees to provide proof of liability insurance
coverage and to name EMA as an additional insured in its liability insurance
policy.
- The Affiliate agrees to pay EMA an annual administrative fee of $50 and it
further agrees that EMA may deduct from the affiliate's income received under
EMA's auspices a sum equal to 10% of that income in excess of $500 annually as
an additional administrative fee, unless a lesser fee is mandated by a granting
agency, in which case that lesser fee will apply.
(Must be signed
and accepted by both EMA and the Affiliate) |