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We have Corporate Memberships and this is something I really wanted for that as well. Especially because there's no good way to convert an Individual record to an Organization record.
NetCommunity has this functionality so I'm not sure why this wasn't included in Altru webforms.
I think Organization name should be a basic option for any fundraising event. Corporate participation is a must for almost any organization.
There should be a way to identify if the registration is for an Organization OR an Individual. If for an Org, then the organization name should be entered, and, depending on the type of purchase, additionally add individuals to the order.
For example, for an event sponsor who receives tickets with their sponsorship, they should be able to enter the Organization's information as the sponsor, as well as the individuals who are attending as guests.