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<a href="http://www.accessmylibrary.com/coms2/summary_0286-22252562_ITM" title="Facts and information about MTNA affiliates taking advantage of 501(c)(3) status. (National Association News).(Music Teacher National Association)(Brief Article)">MTNA affiliates taking advantage of 501(c)(3) status. (National Association News).(Music Teacher National Association)(Brief Article)</a>
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MTNA affiliates taking advantage of 501(c)(3) status. (National Association News).(Music Teacher National Association)(Brief Article)
As of December 2002; eighty-nine MTNA state and local affiliates have been approved for 501(c)(3) status through MTNA's group exemption process, achieving their status without filing for an application with the Internal Revenue Service. By becoming a 501(c)(3) organization under MTNA, each qualified affiliate saves $500 in IRS application fees. To date, MTNA affiliates have saved a combined total of $44,500.
Among the advantages of 501(c)(3) status, affiliates can accept charitable contributions that will be tax deductible to the contributor, receive preferred rates on bulk mailings and claim ...
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