That was a mistake, not false advice. I got my information confused and was corrected by the next poster. After re-reading, I relized I had my information confused. For some reason, I thought he was referring to excess un-related activities under 501(c)3 - in which case, my advice is 100% correct.

Business who regularly conduct activity not related to their charitable purpose, or for which the activity provides a substantial income to the company (meaning it outweighs the income from your charitable purpose - You have to pay income tax on that. I got my answered confused. So sue me.

This is not legal or professional advice.

I refuse to waste my time arguing here. I have important deadlines to meet - including the sponsorship proposal letter I been working on the last half hour that I can't seem to get completed because I keep having to come here and argue. 


Edited by lparks - 7/12/10 at 3:29pm

Originally posted by lparks That was a mistake, not false advice.

What difference does that make?

Bad advice is bad advice. Your intention is irrelevant.

You didn't know what you were talking about. Someone called you on it this time, a lot of times no one does.

Hi I am new here.. I don't know what happen here, but I am just answer the first post 

Our theatre size is 1200 seats for audience..