Webinars for Wise Nonprofits: Earning Income for Your Nonprofit Organization: About UBIT (Unrelated Business Income Tax) and Why It Matters

Nonprofits can, and often do, earn income through sales, rental income, or other avenues besides grants and donations. But this income can, in certain situations, be subject to taxes. Learn the fundamentals of "unrelated business income tax" (UBIT): How does income have to be "substantially related" to nonprofit mission? Are there exceptions? How should we think about potential new streams of revenue? And more!

Learning Objectives: Participants will be able to evaluate when revenue-generating activity may lead to taxable income and determine the possible impact on the organization.

For management and Board members of nonprofits that want to, or do, make money other than from grants and donations.

Presenters: Raphael Stern, Staff Attorney, and Elizabeth Wytock, Staff Attorney