Arts & Cultural

Lumsden McCormick is committed to serving the arts and culture organizations that help enrich our Western New York region. Our nonprofit team has served hundreds of nonprofit organizations over the years, including arts and cultural organizations. You can count on us to focus on meeting compliance requirements, minimizing unrelated business income, mitigating risk, and maintaining all Uniform Guidance standards. You’ll find our nonprofit team of certified public accountants accessible and focused on your operations and financial goals.

Our services to arts and cultural nonprofits include:

Audit and Assurance Services


Tax Services

  • Forms 990 and CHAR500
  • Form 1099 series filings
  • Unrelated Business Income Taxes (UBIT)


Consulting Services

  • Alternative investments
  • Bonding and other financing
  • Employee and executive compensation
  • Enterprise risk management
  • For-profit subsidiary corporations
  • Forensic accounting and investigations
  • Initial formation and exemption applications
  • Institutional investing and policies
  • Rate reimbursement
  • Strategic planning
  • Software selection and support 

For more information about our accounting and consulting services for nonprofit organizations, contact Donna Gonser or complete the form below.

Services Leaders

Peter DeSabio

Peter J. DeSabio, CPA

Manager
Donna Gonser

Donna M. Gonser, CPA

Partner
Robert Torella

Robert S. Torella, CPA

Principal

Upcoming Events

Webinar Series Part IV: IRS Audit - Coming Soon Near You

Webinar Series Part IV: IRS Audit - Coming Soon Near You

July 14, 2021

The executive branch is looking to increase revenue for the IRS. Translation: expect to see an increase in the number of IRS audits being performed, including industries not traditionally targeted.

Learn More
Webinar Series Part V: Changes to Lease Accounting and How it Impacts Your Business

Webinar Series Part V: Changes to Lease Accounting and How it Impacts Your Business

July 27, 2021

The accounting for leases is changing significantly. The required implementation of FASB ASC 842 will mandate that most leases are included on the balance sheet as a right-of-use asset, with a corresponding lease liability. The new standard will impact nearly all commercial businesses and nonprofit organizations and is effective for annual reporting periods beginning after December 15, 2021.

Learn More
SIGN UP TO RECEIVE OUR LATEST ARTICLES, NEWSLETTERS, AND EVENTS. SIGN UP

Comprehensive. Proactive. Accessible.
How Can We Help?