Welcome to your daily briefing on nonprofit developments in AB. Today we're covering 10 key stories including updates on alberta nonprofit headlines, alberta nonprofit updates, background & context. Let's dive in.
5 stories
The Alberta Foundation for the Arts is accepting applications to purchase artwork from individual Alberta artists or ensembles for its permanent collection, with a deadline of April 1, 2025.
AB nonprofit professionals in arts and culture sectors can share this funding opportunity with artist networks or partner organizations they support.
Alberta laws authorize the creation or incorporation of certain non-profit organizations and extra-provincial registration of organizations from other provinces and countries.
Nonprofit professionals in AB can use this official listing to verify organizational status and understand the regulatory framework governing local and extra-provincial nonprofits operating in the province.
The Government of Alberta launched the Alberta Nonprofit Listings Dashboard, a publicly accessible tool that provides interactive data about the province's nonprofit organizations.
Nonprofit professionals in AB now have a user-friendly resource to benchmark, research, and demonstrate sector impact using official government data.
Alberta Foundation for the Arts offers funding programs that provide financial support to artists and arts organizations to inspire minds, encourage expression, foster creativity, and help diversify Alberta's economy.
AB nonprofit professionals in the arts sector can leverage these grants to sustain operations, expand programming, and contribute to provincial economic diversification.
Alberta Foundation for the Arts offers grants and funding opportunities with guidelines available for review.
AB nonprofit professionals can access provincial arts funding to sustain programs and operations.
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2 stories
The Northwestern Alberta Foundation runs an annual granting program that funds innovative projects and organizations working to create more vibrant, livable communities across the region.
AB nonprofit professionals in the northwest region can access this funding stream to support initiatives that address local needs and drive community development.
The Alberta government has launched a dashboard that provides information about non-profit organizations registered in Alberta.
Nonprofit professionals in AB can use this centralized tool to research peer organizations, verify registration status, and support due diligence for partnerships or funding applications.
3 stories
The IRS-recommended COI policy requires (1) annual disclosure by all directors and key employees, (2) a process for review of any disclosed conflict, (3) recusal procedures, and (4) documentation in board minutes. Policies that have only the disclosure form without the review and recusal process do not satisfy the recommendation.
A weak COI policy is a Schedule L disclosure waiting to happen, and Schedule L disclosures correlate with future IRS examination selection.
The streamlined Form 1023-EZ is available only to organizations meeting specific limits on projected revenue, assets, and activity types. Filing 1023-EZ when ineligible produces a determination that is technically valid but vulnerable to retroactive revocation if discovered. The full 1023 is harder to file but harder to challenge.
Loss of exemption is retroactive to the original determination, exposing the organization to back-tax liability. The eligibility checklist is the only protection.
Unrelated business income tax applies when an activity is regularly carried on, is a trade or business, and is not substantially related to the exempt purpose. Common surprises: corporate-sponsored events with naming rights that look like advertising, affinity credit-card royalties that include co-marketing services, and gift-shop sales of items unrelated to the mission.
UBIT exposure can cost both tax and exempt status if the unrelated business becomes substantial. The line between sponsorship (excluded) and advertising (included) is narrow and case-specific.
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