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STERLING SOCIETYSPATRON OF THE ARTS 2018 AWARD APPLICATION AWARD GUIDELINES The Sterling Society of the Dunedin Fine Art Center presents the application for the 2018 “Patron of the Arts annual award.
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What is sterling societies?
Sterling societies are organizations that have been classified as tax-exempt under Section 501(c)(3) of the Internal Revenue Code.
Who is required to file sterling societies?
Sterling societies are required to file Form 990 with the IRS if they have gross receipts greater than or equal to $200,000 or total assets greater than or equal to $500,000.
How to fill out sterling societies?
To fill out sterling societies, organizations must complete Form 990 which includes financial information, governance details, and information about activities.
What is the purpose of sterling societies?
The purpose of sterling societies is to provide transparency and accountability for tax-exempt organizations and ensure they are operating in accordance with their tax-exempt status.
What information must be reported on sterling societies?
Information such as financial data, details on programs and activities, compensation of key employees, and governance structure must be reported on sterling societies.
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