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Date Posted: 08:49:41 01/20/06 Fri
Author: my 2 cents
Subject: Preservation and sharing of Irish Culture would sound better. (more)
In reply to: hopeless non-accountant 's message, "What if the "purpose" of our nonprofit would be to : perform for civic and community groups, more" on 06:37:54 01/18/06 Wed

You keep mentioning deduction, where would the orrignal $ come from to deduct and what are you deducting it from? A 501(c) 3 is a busieness, you'd need start up $ in a biz acct to orriginally pay for travel, costumes, etc, and then the $ that you make/fundraise would go back into the biz acct. the only advatage I see is the ability to apply for certian funding. It is alot of work to maintain it -- you have to have very good records and (generally) get permits for fundraising etc.

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