Compliance Corner: Filing Form 990 for a Tax-Exempt Entity

April 11, 2023 (2 min read)

Tax-exempt organizations, nonexempt charitable trusts, and I.R.C. Section 527 political organizations file Form 990 to provide the IRS with the information necessary to comply with I.R.C. Section 6033(e), which imposes reporting and notice requirements on certain tax-exempt organizations. Form 990 is a public document made available by filing organizations, the IRS, and others. It is the key transparency tool relied on by the public, state regulators, the media, researchers, and policymakers to obtain information about the tax-exempt sector and individual organizations.

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