Managing the economic downturn
The purpose of this paper is to discuss several of the more common programs that tax-exempt organizations engage in to increase their revenues and to highlight the Unrelated Business Income Tax (UBIT) pitfalls in those programs. It provides an overview of UBIT (including three conditions of being subject to UBIT and some exclusion from being subject to UBIT), information on licensing arrangements, publishing periodicals, direct retail and catalog sales, corporate sponsorship income, and allocation of expenses. Prepared by Susan A. Cobb, Esq.
Download Alternative Revenue Sources: Avoiding the Pitfalls of UBIT 97.65 Kb
This paper will show you how and why to make the case for your orchestra as an economic benefactor to your community. The paper examines methods for quantifying your economic impact, and it provides a how-to for orchestra staff and others. Armed with improved data, you can make a stronger case not only to local, state, and federal government, but also to corporate and other private funders and potential partners in your programs. By Christopher Cooper and John Sparks.
Download Show Them the Money!: Calculating the Economic Impact of America's Orchestras 96.06 Kb