Nonprofit Organizations: Myths and Facts

“Nonprofit” Does Not Mean “No Money” Recent news reports claimed that the IRS targeted extra scrutiny to conservative groups applying for nonprofit tax exemptions. It was much ado about nothing. But it’s time to clarify nonprofits’ legal status and their social roles in our culture.  The Internal Revenue Service’s regulation of nonprofit organizations was a major topic in the news recently, and that’s quite unusual. Apparently, an IRS manager instructed some of his staff people to pay particular attention to tax exemption applications from groups with politically-related words in their names, such as “tea party”, “patriot”, and “progressive”, to be…