ERIC Number: EJ198234
Record Type: Journal
Publication Date: 1978
Reference Count: N/A
Federal Tax Exemption Status of the Private Nonprofit Art Association.
Rodriguez, Edward J.
Connecticut Law Review, v10 n3 p653-65 Spr 1978
The question of whether the selling of art by a private nonprofit art association violates the provisions of section 501(c)(3) of the Internal Revenue Code of 1954 is considered. Revenue rulings of 1971 and 1976 suggest that any sale of art may render the organization ineligible for tax exemption when private interests are benefited. (JMD)
Publication Type: Journal Articles; Legal/Legislative/Regulatory Materials; Opinion Papers
Education Level: N/A
Authoring Institution: N/A