L3Cs and State Arts Agencies
A new entity, the L3C (low-profit limited liability company), is making inroads into a variety of areas usually reserved for nonprofit organizations. NASAA's next web seminar will take a look at L3Cs are and how they are evolving in the arts sector. Guest speakers will include:
- Bob Lang, L3C creator and founder, Americans for Community Development
- Michael Martin, Attorney at Law, Martin & Stilwell, LLP
- R. Bernard Hall, Jr., Arts administration graduate student, Savannah College of Art & Design
The one-hour session will introduce you to the L3C business model and discuss how state agencies can interact with L3C organizations. Time will be included for audience Q&A. More details are provided below. We hope you can join us.