answersLogoWhite

0


Best Answer

Many tax documents filed by a 501(c)(3) organization must be made available to the public upon request.

These may include the application for tax-exemption, the letters determining the exception (with related supporting information and correspondence), and the annual tax returns, if any, for at least three years after the required filing dates. IRC 6104.

Failure to make the required disclosures, upon request, shall result in an obligation to pay the requester $20 per day until the disclosure requirement is satisfied, to a maximum of $10,000 for annual returns, under IRC 6652 (c)(1)(C) and (D), but $100,000 limit on exemption determination materials (IRC 6723). However, the penalties do not apply if there is a "reasonable cause" for the failure to respond to the request. IRC 6652(C)(3).

User Avatar

Wiki User

16y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Are 501c3 financial records public
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Are 501c3 payroll records public?

Yes they are.


Are public institution's financial records a matter of Public records?

Financial records, like income for the company or it's expenses are not public record. Things like debts, in the form of a mortgage, or other documents like judgments are certainly accessible through public records


Where are copies of military financial records stored?

Military financial records are stored in federal government facilities. Few of these records are made public record. There are archives for certain records that are available to the public , and these records can be obtained by visiting libraries such as the Library of Congress to view these records.


Who is in charge of the state financial records of the state?

Usually he/she is called the treasurer. Secretary of State is in charge for the public records of the state


What financial records are public for a Privately Held Company?

Mortgages... that's about all I can think of.


What is meant by public accounting?

Public Accounting: Best known for providing audits, CPAs who work in public accounting review company financial records for accuracy and accountability.


Does medical records contain financial records?

No


Are birth records made public?

Yes, birth records are considered public records.


How can I get a free public records database?

I am interested in getting a free public records database. Where can I get a free public records database?


Which bank NOT the insurance company displays Lincoln's financial records?

which banck has displays linclons financial records


Are paternity tests public records?

are paternity tests public records


are public records free online?

are public records free online