Thursday, May 13, 2010

Act Now--local historical organizations 501(c)3 non-profit status could be threatened


An item from the IRS has come to our attention recently and it’s something that may require your urgent attention today.

According to the IRS, all non-profit organizations with gross receipts under $25,000 must file an IRS 990 form by May 17 or risk losing their tax exempt status. Please go to the IRS’s website for more information: http://www.irs.gov/charities/.

For a news story about this requirement, go to http://www.npr.org/templates/story/story.php?storyId=126745771

Please feel free to forward this post to any other non-profit organizations in your communities that could be affected.

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