Questions

An app/website for concert fans to have easier access to face value tickets. I have wanted to know if this could be created as a non-profit?

The app / website would be able to match like minded people with extra tix or needing extra tix to exchange those tickets at face value... Other aspects to this of course but not much room to offer details.

5answers

You would have to apply for non profit status, which means you would have to incorporate as one of the 29 different 501c classifications. Since I don't know of the details of your business model I would not be able to say for certain, but it is contingent on your company fitting the description of one of those 29 classifications.


Answered 7 years ago

I imagine it would be rather hard to get traction with this.


Answered 7 years ago

Yes, this can be structured as a Non-profit for promoting the arts. You will need to build this carefully and be true to the meaning of being a "non profit". No scalping of tickets etc.

I have a Masters in Non Profit Management and have created and run numerous non-profits.

I'd be happy to walk you through the process of setting it up and watching out for pitfalls. Including filling the necessary paperwork, raising money and creating a board of directors.


Answered 7 years ago

Hey there,

we actually covered a startup called Shareaseat that should do exactly that.

Scroll to the bottom of this article to see it
http://www.eventmanagerblog.com/hottest-event-startups-this-summer

Get in touch if you have any questions.


Answered 5 years ago

Not-for-profit organizations are types of organizations that do not earn profits for its owners. In a non-profit organization, income is not distributed to the group's members, directors, or officers. Some well-known non-profit organizations include the American Red Cross, United Way, and the Salvation Army. Almost anyone can start a not-for-profit and apply for tax-exempt status, but most not-for-profit organizations will not qualify for 501 status. 501c3 is only for charitable organizations. But not-for-profits can be organizations like social clubs that exist to serve their members. If desired, the not-for-profit can also opt to incorporate. Once registered and running, the organization must maintain compliance with the appropriate state agency regulating charitable organizations.
Besides if you do have any questions give me a call: https://clarity.fm/joy-brotonath


Answered a year ago

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