For anyone contemplating starting an arts nonprofit, I have drafted a comprehensive guide to qualifying for 501(c)(3) status as an arts organization for the Center for Art Law website, which I will reprint below. Background New non-profit organizations often find … Continue readingPosted in 501(c)(3), Arts Organizations, Form 1023, Form 1023-EZ | Tagged 501(c)(3), nonprofit attorney, nonprofit law, private foundations, social entrepreneurship, tax-exempt organizations | Comments Off on Qualifying for 501(c)(3) Status as an Arts Organization
On July 1, 2014, amidst much criticism, the IRS radically changed the nonprofit world by launching the Form 1023-EZ, a new streamlined method of applying for 501(c)(3) status. The Form 1023-EZ is now live on www.pay.gov, along with final instructions, … Continue readingPosted in 501(c)(3), Automatic Revocations, Form 1023, Form 1023-EZ | Comments Off on Who Should (and Should Not) File the Form 1023-EZ?
A couple of weeks ago, the news surfaced on the ABA listserv for tax-exempt organizations that the IRS has been quietly working on a significantly shortened “Form 1023-EZ,” which would drastically cut down on the scrutiny applied to small organizations … Continue readingPosted in 501(c)(3), Form 1023 | Comments Off on The IRS issues a draft “Form 1023-EZ”
The IRS recently issued Revenue Procedure 2014-11 providing guidance on the process of reinstatement of tax-exempt status for organizations whose tax-exempt status was revoked for failure to file Forms 990 for three consecutive years. Revenue Procedure 2014-11 is the first … Continue readingPosted in Automatic Revocations, Form 1023, Form 1024, Form 990 | Comments Off on IRS Rev. Proc. 2014-11 Offers Relief for Automatically Revoked Organizations
Today on the American Bar Association Listserv for Exempt Organizations attorneys, somebody asked how an organization goes about filing a Form 990-N if the organization has not yet filed a Form 1023 or 1024 (or has an application pending). Form … Continue readingPosted in Form 1023, Form 1024, Form 990 | Comments Off on Filing Form 990-N Prior to IRS Recognition of Exemption
At the recent Western Conference on Tax Exempt Organizations, which took place at Loyola Law School on November 29 and 30, Holly Paz (a senior official in the Internal Revenue Service’s Exempt Organization division) discussed considerations at the IRS regarding … Continue readingPosted in Form 1023, Group Exemptions, Local Affiliates | Comments Off on IRS Considers Changes to Group Exemption Procedures
Greg McRay at Foundation Group has a great post illustrating the confusion at the IRS resulting from the clash between the rules regarding retroactive granting of 501(c)(3) status and the rules revoking 501(c)(3) status from organizations that fail to file … Continue readingPosted in 501(c)(3), Form 1023 | Comments Off on Confusion at the IRS regarding 501(c)(3) applications