11 Jun
2003
11 Jun
'03
4:07 a.m.
Keys writes:
Well today I got the last piece of news about starting
my non-profit museum
here in Texas and I have got all the official okays from Austin (Secretary
of State and Texas Comptroller). Now all that is left is to get the
non-profit status ok from the IRS. I hope to start fund rising here in Texas
first since they can get tax right off here and then nationwide after I get
the IRS OK. So far my only cost was a $25 fee to the State plus the cost of
priority mail. The IRS is going to be a little more costly with a minimum
fee of $500 to file. Since I still do not have a job it's hard to spend that
kind of cash right now but the cost of keeping the collection is getting
higher and higher plus no one can really se it right now.
Sounds great, and it looks like the paperwork isn't a big hurdle like other
places.
I know the situation, no income makes a pinch on cash flow. No cash, no
flow!!!
Gary Hildebrand
St. Joseph, MO