Laserfiche WebLink
-2- <br />Laughing Horse Arts Foundation <br />91-1211173 <br />Your organization is not required to file federal income tax retums unless it is subject to the tax on unrelated <br />business income under section 511 of the Code.If your organization is subject to this tax,it must file an <br />income tax retum on the Form 990-T,Exempt Organization Business income Tax Retum,in this letter,we <br />are not determinÏng whetherany of your organization's present or proposed activities are unrelated trade or <br />business as defined in section 513 of the Code. <br />The law requires you to make your organization's annual retum available for public inspection without charge <br />for three years after the due date of the retum.If your organization had a copy of its application for <br />recognition of exemption on July 15,1987,it is also required to make available for public inspection a copy of <br />the exemption application,any supporting documents and the exemption letter to any individual who requests <br />such documents in person or in writing.You can char0e only a reasonable fee for reproduction and actual <br />postage costs for the copied materials.The law does not require you to provide copies of public inspection <br />documents that are widely available,such as by posting them on the Internet (World Wide Web).You may <br />be liable for a penalty of $20 a day for each day you do not make these documents available for public <br />spectien-(up-to ««naximum of $&OO-iMhe case of an annual return}. <br />Because this letter could help resolve any questions about your organization's exempt status and foundation <br />status,you should keep it with the organization's permanent records. <br />If you have any questions,please call us at the telephone number shown in the heading of this letter. <br />This letter affirms your organization's exempt status. <br />S <br />John E.Ricketts,Director,TE/GE <br />Customer Account Services