This is an agreement for panelists serving on the FY23 Next Step Fund panel for the Metropolitan Regional Arts Council (MRAC).
MRAC agrees to pay the full stipend amount of $750 for serving as a panelist. Service includes attending a webinar orientation, reading and reviewing all assigned applications, providing a score for each criterion, and selecting or writing at least one comment for each application.
The payee is responsible for their own tax liability. A 1099-Miscellaneous Tax Form will be mailed to the payee at the end of January of the following year for annual earnings at MRAC exceed $600.
MRAC requires a signed form W9 from the payee in order to process payments.
https://www.irs.gov/pub/irs-pdf/fw9.pdf