Tax Law for Nonprofits as it Pertains to Cultural Institutions : A Summer Internship at the Kalamazoo Institute of Art
MetadataShow full item record
The author describes her work at the Kalamazoo Institute of Arts with the bookkeeper, Irene Golike, and the registrar, Kathleen Buday. The author’s work at the KIA prompted an interest in nonprofit tax law; specifically, how tax exemption status is decided and how it affects cultural organizations like the KIA. About ten percent of America's GDP is generated by nonprofit organizations, which encompass everything from churches and museums to retirement associations and universities. Once an application for tax exempt status has been approved by the IRS, nonprofit organizations enjoy many benefits such as exemption from all taxes on activities related to the entity's reason for tax exemption, and exemption on donations for the donors, which promotes more and larger contributions.
Showing items related by title, author, creator and subject.
Parker, E. Tracey (1994)Pretty Lake Vacation Camp, Inc. (PLVC) was established almost seventy years ago in Texas Township for the purpose of providing fresh-air camping experiences for children in the Kalamazoo area. Through the years, both Kiwanis ...
A Fresh New Approach to Collective Bargaining - A Look at the Institution of Collective Bargaining in American Motors Corporation Northrup, Gregory W. (1964)It is the purpose of this paper to discuss and analyze the institution of collective bargaining in only one corporation out of the vast number of businesses in which it exists. This paper, it is hoped, will be a careful ...
Wasielewski, Carl (1998)The author describes his internship with the W. E. Upjohn Institute for Employment Research, updating an economic benchmarking study on the metropolitan area of Benton Harbor. This study was commissioned by an economic ...