Us vs. Museums

From: Merle K. Peirce <at258_at_osfn.org>
Date: Mon Mar 5 08:31:51 2001

We paid an IRS fee of $150, but it took us 16 months to get approval.

On Mon, 5 Mar 2001, John Foust wrote:

> At 08:14 PM 3/4/01 -0500, you wrote:
> >Re: non profit orgs:
> >starting a non profit org is certainly much more than $35 as listed below.
> >>From reasearch I was doing, you have to draft up a statement of purpose or
> >something like that, then there's a $500 fee payable to the govt as well as
> >much more paperwork. doesnt seem too cost effective at first viewing.
>
> The paperwork for state-level creation of a non-profit, non-stock
> corporation (like a club of some kind) is in the $50 range in most
> states. The application for Federal USA-level non-profit status
> in terms of the IRS is about $500.
>
> I've been tempted by the latter. At one of my favorite haunts,
> the UW-Madison surplus sale, they allow non-profits to buy on
> Thursday - the public is allowed on Friday. First dibs!
> However, if I ever re-sold something, I would be in trouble.
>
> - John
>
>

M. K. Peirce

Rhode Island Computer Museum, Inc.
Shady Lea, Rhode Island

"Casta est quam nemo rogavit."
              
              - Ovid
Received on Mon Mar 05 2001 - 08:31:51 GMT