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Form990OMB No. 15450047Department of the Treasury Internal Revenue Service For the 2017 calendar year, or tax year beginning C Check if applicable: Address change Name change Initial return2017Return
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Young Audiences Form 990 is a specific tax form required for certain organizations to report their financial information to the Internal Revenue Service (IRS). It provides transparency regarding the organization's income, expenses, and operations.
Organizations that are recognized as tax-exempt under section 501(c)(3) and engage in activities aimed at serving young audiences typically need to file Form 990. This includes public charities and other non-profits that meet specific criteria.
To fill out Young Audiences Form 990, organizations must gather their financial records, including income, expenses, and program details. They then complete the form, ensuring to provide accurate reporting for each required section, and may consider consulting a tax professional for assistance.
The purpose of Young Audiences Form 990 is to provide financial transparency and accountability for organizations. It helps the IRS and the public evaluate the financial health and operational efficiency of these organizations.
Information that must be reported on Young Audiences Form 990 includes the organization's mission, financial statements, compensation of key employees, program accomplishments, and a summary of contributions and fundraising efforts.
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