(For example, employer-provided health benefits, and contributions to qualified plans under section 401(a).). The following tests use a special definition of gross receipts for purposes of determining whether these organizations are exempt for a particular tax year. For a transaction involving a donor advised fund, a donor or donor advisor of that donor advised fund. Proc. Report on line 16 expenses relating to real property used for investment purposes. The revenue received ($160 retail value of the dinner) is reported on line 6b. A nonexempt charitable trust described under section 4947(a)(1) (if it isn’t treated as a private foundation) is required to file Form 990 or Form 990-EZ unless excepted under General Instruction B. You may also be able to access tax law information in your electronic filing software. Special rules treat affiliated social welfare organizations, agricultural and horticultural organizations, and business leagues as parts of a single organization for purposes of meeting the nondeductible dues exception. A Form 990-EZ prepared for that state is acceptable for the IRS reporting purposes if the state reporting requirement doesn’t conflict with the Form 990-EZ instructions. They are adjusted annually for inflation. See General Instruction G. In particular, entering the phrase on Part IV, "Information available upon request," or a similar phrase, isn’t acceptable. Although we can’t respond individually to each comment received, we do appreciate your feedback and will consider your comments as we revise our tax forms, instructions, and publications. C2. Net Assets or Fund Balances at Beginning of Year, Line 20. Do not net losses from uncollectible pledges, refunds of contributions and service revenue, or reversal of grant expenses on line 1. 768, for details. In figuring the value of membership benefits, disregard such intangible benefits as the right to attend meetings, vote, or hold office in the organization, and the distinction of being a member of the organization. In the case of a text message contribution, the donor's phone bill meets the section 170(f)(17) recordkeeping requirement of a reliable written record if it shows the name of the donee organization and the date and amount of contribution. Enter both taxable and nontaxable fringe benefits, but don’t include compensation reported in column (c) or (d) or the following. Any rights or privileges that the taxpayer can exercise frequently during the membership period such as: Free or discounted admission to the organization's facilities or events, and. See Pub. Form 990, Return of Organization Exempt From Income Tax, and Form 990-EZ are used by tax-exempt organizations, nonexempt charitable trusts (that are not treated as private foundations), and section 527 political organizations to provide the IRS with the information required by section 6033. See General Instruction C. Accounting Periods and Methods for additional information about accounting periods. Enter the total of other assets such as accounts receivable, inventories, prepaid expenses, and the organization’s share of assets in any joint ventures, LLCs, and other entities treated as a partnership for federal tax purposes. As gross revenue, on line 6b (in the right-hand column), the retail value of the goods or services. If the organization pays any other person, such as a management services company, for the services provided by any of the organization's officers, or an employee leasing company, or a professional employer organization (whether or not certified under the new Voluntary Certification Program for Professional Employer Organizations at IRS.gov/For-Tax-Pros/Basic-Tools/Certified-Professional-Employer-Organization), directors, trustees, or key employees, report the compensation and other items in Part IV as if the organization had paid the officers, directors, trustees, and key employees directly. Report membership dues that the organization pays to another organization (other than an affiliated organization) for general membership benefits, such as regular services, publications, and materials, on line 16. Lines 5a Through 5c. Nonmembers can purchase a ticket for $15. A religious or apostolic organization described in section 501(d). See lines 8, 10, 16, 20, 24, 26, 31, 33, 34, 35, and 44. Some states require more information. P.L. The person's compensation is primarily based on revenues derived from activities of the organization that the person controls. Do not report the cost of goods or services purchased from affiliates on line 10. If the organization answered "Yes" to line 35a but answered "No" to line 35b because it didn’t file a Form 990-T for the tax year, then explain in Schedule O why the organization didn’t file a Form 990-T. Failure to supply the information may result in a penalty being assessed to your account. 379, available at IRS.gov/irb/2018-09_IRB. Avoid attaching brochures, newsletters, newspaper articles about the organization, etc. For details, go to IRS.gov/EO. Section 6033(e) notice and reporting requirements and proxy tax. Proc. See Rev. A grant is still equivalent to a contribution if the grant recipient performs a service, or produces a work product, that benefits the grantor incidentally (but see the instruction for Line 1. Attach Schedule B, if required. Report health benefits, contributions to employee benefit plans, and other deferred compensation for the short year in column (d), and other compensation for the short year in column (e). Contributions in the form of membership dues. The person doesn’t participate in any management decisions affecting the organization as a whole or a discrete segment of the organization that represents a substantial portion of the activities, assets, income, or expenses of the organization, as compared to the organization as a whole. 463, Travel, Gift, and Car Expenses. Grants and Similar Amounts Paid. The information provided will enable you to file a more complete return and reduce the chances the IRS will need to contact you. File the 2019 return for calendar year 2019 and fiscal years that began in 2019 and ended in 2020. The following economic benefits are disregarded for purposes of section 4958. A section 501(c)(3) organization will lose its tax-exempt status if it engages in political activity. There is also joint and several liability for this tax. For purposes of Form 990-EZ, a related organization is an organization (including a nonprofit organization, a stock corporation, a partnership or LLC, a trust, and a governmental unit or other governmental entity) that is in one or more of the following relationships to the filing organization at any time during the tax year. All organizations exempt from tax under section 501(a), other than section 501(c)(4), 501(c)(5), and 501(c)(6) organizations. 96-10, 1996-1 C.B. For more information on public inspection requirements, see Appendix D and Pub. Evidence showing bad faith or deterrence of the organization's exempt purpose, Prior provision of the requested documents to the purported harassing group, and. 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