Sponsorships Can Create Tax Hazards for Charitable Organizations
Nonprofits can be Taxed if Corporate Sponsorships are Not Structured Properly Corporate sponsorship for concerts, fairs, conferences, and other venues highly benefit non-profits. Corporations get free advertising and public recognition while non-profits receive tax-exempt revenue. But if done improperly, nonprofits can be subject to an unrelated business income tax. Nonprofits