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ELLENSBURG RODEO HALL OF FAME <br />of,the act or failure to act,or the substantial or material change on thepartoftheorganizationthatresultedinyourlossofsuchstatus,or if he orsheacquiredknowledgethattheInternalRevenueServicehadgivennoticethatyouwouldnolongerbeclassifiedasasection509(a)(2)organization. <br />Donors may deduct contributions to you as provided in section 170 of theCode.Bequests,legacies,devises,transfers,or gifts to you or for your usearedeductibleforfederalestateandgifttaxpurposesiftheymeettheapplicableprovisionsofCodesections2055,2106,and 2522. <br />Contribution deductions are allowable to donors only to the extent thattheircontributionsaregifts,with no consideration received.Ticket pur-chases and similar payments in conjunction with fundraising events may notnecessarilyqualifyasdeductiblecontributions,depending on the circum-stances,see Revenue Ruling 67-246,published in Cumulative Bulletin 1967-2,on page 104,which sets forth guidelines regarding the deductibility,as chari-table contributions,of payments made by taxpayers for admission to or otherparticipationinfundraisingactivitiesforcharity. <br />In the heading of this letter we have indicated whether you must file Form990,Return of Organization Exempt From Income Tax.If Yes is indicated,youarerequiredtofileForm990onlyifyourgrossreceiptseachyeararenormallymorethan$25,000.However,if you receive a Form 990 package in themail,please file the return even if you do not exceed the gross receipts test.If you are not required to file,simply attach the label provided,check theOboxintheheadingtoindicatethatyourannualgrossreceiptsarenormally$25,000 or less,and sign the return. <br />If a return is required it must be filed by the 15th day of the fifthmonthaftertheendofyourannualaccountingperiod.A penalty of $20 a dayischargedwhenareturnisfiledlate,unless there is reasonable cause for.the delay.However,the maximum penalty charged cannot exceed $10,000 or^* <br />5 percent of your gross receipts for the year,whichever is less.Fororganizationswithgrossreceiptsexceeding$1,000,000 in any year,the penaltyis$100 per day per return,unless there is reasonable cause for the delay.The maximum penalty for an organization with gross receipts exceeding$1,000,000 shall not exceed $50,000,This penalty may also be charged if areturnisnotcomplete,so be sure your return is complete before you file it. <br />You are required to make your annual information return,Porm 990 orForm990-EZ,available for public inspection for three years after the lateroftheduedateofthereturnorthedatethereturnisfiled.You are alsorequiredtomakeavailableforpublicinspectionyourexemptionapplication,any supporting documents,and your exemption letter.Copies of thesedocumentsarealsorequiredtobeprovidedtoanyindividualuponwritten or inpersonrequestwithoutchargeotherthanreasonablefeesforcopyingandpostage.You may fulfill this requirement by placing these documents on theInternet.Penalties may be imposed for failure to comply with theserequirements.Additional information is available in Publication 557,Tax-Exempt Status for Your Organization,or you may call our toll freenumbershownabove. <br />Letter 947 (DO/CG)