Producer Handbook: Financial Reporting
FINANCIAL CONSIDERATIONS REPORTING
Production funds are provided by the Corporation for Public Broadcasting (CPB), a private corporation funded by the American people. CPB provides funds public radio and public television organizations and also manages program funds of its own. CPB is a federally funded agency and therefore, every organization it funds is accountable for the expenditure of public money. In turn, all recipients of funds are responsible for the manner in which these public dollars are spent.
In this section you will find information on some of the issues that affect independent producers (the IRS, fiscal sponsors, payroll services, independent contractors, etc.), as well as budgeting, record keeping and other financial requirements.
This section is broken into three parts. The first is an overview of how you may want to set up your business, pay taxes and deal with staffing on your project. The second and third section deals with day-to-day financial record keeping and reporting.
For detailed information about financial reporting refer to the following links:
*Information in these sections are not a substitute for professional legal, accounting, and/or tax advice. We strongly recommend you consult a lawyer and/or accountant to discuss individual needs and concerns.
Sample Financial Report Form (PDF) Sample Chart of Accounts (PDF)
Category Detail Report (PDF)
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