Form 990 for 501(c)(4)s

On this episode we’ll share some tips for 501(c)(4) organizations, those nonprofits the IRS calls Advocacy or Social Welfare Organizations. Whether your public charity has an affiliated 501(c)(4) or you work for a stand-alone 501(c)(4), these nonprofits must provide the IRS and the public with their financial and programmatic information annually. And we’re going to talk about how c4s can comply with the IRS requirements, some of the new developments that allow for protection of donor disclosure, and some of the information we, the public, can glean from these reports.    Attorneys for this episode:  Quyen Tu, Tim Mooney, and Leslie Barnes  Key Takeaways:  501(c)(4) with annual gross revenue over $50,000 must file an information return with the IRS – either a Form 990 or Form 990 EZ.  Starting with FY 2020 annual returns, 501(c)(4) organizations are no longer required to disclose their donors to the IRS or public.  501(c)(4) organizations must still provide copies of certain financial documents to the public upon request.    Don’t forget other reporting requirements-state and federal lobbying and campaign finance requirements   These rules apply to 501(c)(5) and 501(c)(6)s as well  Resources:    Give Me Your 990  501(c)(4) Reporting: Where Are Donors Disclosed  IRS website: Public Disclosure and Availability FAQs   IRS Instructions for Schedule C, Form 990  Technical Assistance Hotline number 1-866-675-6229 (866-NP-LOBBY) or email us advocacy@afj.org or fill out our request form here.