We've got a great term for the latter, and everyone is already familiar with it. Add the adjective "party". Done.
Similarly, "computer" in "computer games" is a noun that modifies the meaning of the following noun. Modifying nouns like this always are in singular.
Maybe UBI works for some recipients when it's clearly time-limited and the recipients have a clear way to building a stable income, but are bottlenecked on time and capital. I think artists are a good fit for such a program.