[vox] Further LUGOD sponsorship of Atari Party 2010?

Bill Broadley bill at broadley.org
Sat Jan 30 13:58:54 PST 2010


G Fitzgerald wrote:
> All,
> 
> Apologies in advance for what will likely be a lengthy post - but I
> need to explain
> some regulations.
> 
> We can’t do this.
> This is also not a situation where a vote (even a 100% approval vote)
> of all members
> would allow us to do this.
> As a 501(c)(7) organization, we are subject to certain rules as
> determined by the
> Internal Revenue Service (IRS).
> 
> Let’s say that this is a LUGOD event. Let’s say that it brings in more than 35%
> of our yearly receipts (which, it could quite easily do, we often only
> collect a few
> hundred dollars). 

Wouldn't it be enough to just cap it at less than 35%?


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