LT-2021-004-Jazz in the Valley - Laserfiche WebLink

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-/.- Laughing Horse Arts Foundation 91-1211173 your organization is not required to file federalincome tax returns unless it is subiect to the tax on unrelated business income under.section 511 of the Code. lf your organization is subjeet to this tax. it must file an income tax retum on the Form 99&T, Exempt0rganization Business lncsrne Tax Retum. ln this letter, we are not determining whether any of your organization's present or proposed activities are unrelated trade or business as definad ln section 513 of the Code. The law requires ygu to make your organization's annual retum available for public inspection without charge forthree years after the due date of the retum. lf your organization had a copy of its application for recognition of exemption on July 15, 1987, it is also required to make available for public inspection a copy of the exemption application, any supporting documents and the exemption leterto any individualwho requests such documents in person or in writing. You can charge only a reasonable fee for reproduction and astual postage costs for the-copied materials. The law does not require you to provide copies of public inspection documents that are widely available, such as by posting them on the lnternet (World Wde Web). You may be liable for a penalty of $20 a day for each day you do not make these documents available for public - inspec{*o*{up-ta a maximum.ef-$l0r00ginlhe case of an arnual-retum}- Because this letter could help resolve any que$tions about your organization's exempt stakrs and foundation stahrs, you should keep it with the organization's permanent records. lf you have any questions, please call us at the telephone number shown in the heading of this letter. This letter affirms your organization's exempt status. Sincerbly, John E. Ricketts, Dircctor, TBGE Customer Account Services