Finance call
Children's Media Association
Finance Call
Call details
What we'd like to talk about
We're a member-based organization that is growing a chapter in two other regions. How can we best approach handling accounting across multiple chapters?
Additional context
We are currently headquartered and chartered in New York City where we handle all web, financial, and infrastructure. We're launching a new chapter in Los Angeles at the end of the month and we're starting to explore opportunities in the Bay Area. Here are some of the specific questions: What is a reasonable expectation for splitting chapter income so that all chapters contribute to our national overhead? Must NY maintain ownership of all accounts since that's where we're chartered? How can we give chapters autonomy over their finances without complicating our taxes? Do additional chapters present any implications for how we would do our taxes?
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Posted by
LaToye A.
President, Children's Media Association
Our mission
Children's Media Association (CMA) is a nonprofit organization comprised of professionals who are committed to creating and distributing thoughtful, entertaining media to children and young adults. CMA supports this community by promoting professional development and producing educational programming.
What we do
In order to achieve it's mission, CMA's team of volunteer Officers and coordinators produce a variety of events including educational workshops, skills-based workshops, a thriving monthly writer's group, and networking socials. In addition, CMA collaborates with industry partners to provide an informational newsletter, a job board, and discounts to industry conferences and educational libraries.
