Avoiding the Adverse Consequences of UBIT (Webinar)

05/23/2019 01:30 PM - 03:00 PM ET



Avoiding the Adverse Consequences of UBIT
Thursday, May 23 | 1:30 PM – 3:00 PM | Webinar

Presented by: Don Kramer, Editor and Publisher, Nonprofit Issues
Moderated by: Tish Mogan, Standards for Excellence Director, PANO

Offered in Partnership with: Nonprofit Issues

Financially squeezed nonprofits often seek to generate new revenue through new business ventures. But such efforts can carry serious legal, as well as economic, risks. This webinar will explore the unrelated business income tax ("UBIT"), how to define it, how to avoid it, and how to deal with the consequences of having "too much" of it.

Regularly badgered by Congress to limit "unfair" competition with for-profit businesses, the Internal Revenue Service consistently looks to impose UBIT on unrelated business taxable income at nonprofit organizations, including facility rentals and travel tours at large institutions like colleges and universities, revenue from joint ventures with for-profits, gift shop income from museums, investment income from anyone's margin account, advertising revenue from small nonprofit organization newsletters, and everything in between.

Nonprofits with substantial unrelated business income will have to pay substantial unrelated business income tax - and could even lose their tax-exempt status.

This session will provide a basic understanding of the UBIT rules, give tips on structuring activities to avoid the revenue being classified as unrelated business income, allocating expenses to reduce net income, and restructuring to avoid the adverse consequences of "too much" of a winning commercial venture.

CPE & CLE credits are available for this program; to receive credit you must register through Nonprofit Issues.


$45 PANO Members | $90 Not Yet Members

Terms of Participation
Your purchase entitles you to a single login; multiple accesses to the Zoom webinar are not permitted. Please do not share the login information with others. Feel free to gather others around your conference phone or work station to listen and view the program.

Materials & Login/Call-In Instructions:
Materials (PowerPoint and other handouts), along with instructions on how to login and call-in, will be emailed to attendees a few days prior to the date of the webinar. PANO uses Zoom as our webinar platform; you can familiarize yourself with Zoom and/or join a test meeting prior to the webinar.

Can’t attend? All webinar registrants will receive the webinar recording!

What People Say About This Program:

“A good job of explaining in simple terms what sounds like a quite complex regulatory scheme.”

" The articles provided are very helpful”

“Knowledgeable presenter”

About Nonprofit Issues:

Nonprofit Issues® is a national Web newsletter of "Nonprofit Law You Need to Know." Written for nonprofit officers and directors and their professional advisors, Nonprofit Issues provides clear, concise and comprehensive coverage of real issues that affect nonprofits every day. All PANO members receive a 30% discount for a yearly subscription – learn more!

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