Museums and Arts Organizations At Risk for Losing IRS Tax Exempt Recognition: Is Your Organization on the List?

The IRS recently published a long list of non-profits that have not filed appropriate forms for the last three years. Many museums, historical societies, and arts organizations are featured. These groups risk losing their tax-exempt status if action is not taken soon.

The IRS is giving organizations the opportunity to keep their tax-exempt recognition so long as paperwork is filed by October 15, 2010.

See if you are on the list at
http://www.irs.gov/charities/article/0,,id=225889,00.html?portlet=7.

Art Law class in NYC

Thinking of starting a For-Profit Arts Business? Don't miss this class tomorrow!

Space is still available.

Forming Your For-Profit Arts Business

When: Thursday, June 10th, 2010, 4 - 6 p.m.
Where: VLA, 1 East 53rd Street, NY, NY 10022 (Auditorium)

(There is an additional $10 late fee if you register day of the class. Please fax your registration form in by 2:00 PM on Thursday.)

This class provides valuable information about starting an arts-related business. Covered issues also include: For vs. Non-Profit incorporation, fiscal sponsorship, selecting and protecting business names; the legal and tax characteristics of LLCs an publication requirements, partnerships, and type C and S corporations; choice of jurisdiction; financing your business; employees and independent contracts; and insurance.

This class will be taught by Elena M. Paul, Esq., VLA's Executive Director.

To register and for more information, please see this registration form.
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Since 1969, Volunteer Lawyers for the Arts has been the leading provider of pro bono legal services, mediation services, educational programs and publications, and advocacy to the arts community in New York. The first arts-related legal aid organization, VLA is the model for similar organizations around the world. For more information about Volunteer Lawyers for the Arts, please see www.vlany.org.