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MTNA affiliates taking advantage of 501(c)(3) status. (National Association News).(Brief Article)

American Music Teacher

| February 01, 2002 | COPYRIGHT 2002 Music Teachers National Association, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

As of December 2001, eighty 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 (IRS). By becoming a 501(c)(3) organization under MTNA, each qualified affiliate saves $500 toward IRS application fees. To date, MTNA affiliates have saved a combined total of $40,000.

Among the advantages of 501 (c)(3) status, affiliates can accept charitable contributions that will be tax deductible to the contributor, receive ...

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Source: HighBeam Research, MTNA affiliates taking advantage of 501(c)(3) status. (National...

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