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<?php
$args = array(
	'post_type' => 'sponsor',
	'sponsorship_level' => 'platinum_sponsors',
	'orderby' => 'menu_order title',
	'order'   => 'ASC',
);
$query = new WP_Query( $args );
?>				
<?php if($query->have_posts()) : ?>					
	 <?php while($query->have_posts()) : $query->the_post() ?>
			
			...
			
	 <?php endwhile ?>					
<?php endif ?>	
<?php wp_reset_postdata(); ?>