Alex R. wrote:
http://www.nasconet.org/public.php?pubsec=4&curdoc=10
In section III. B. 1. b. (1) will note that an charities that has
an interactive web site for donations is considered to be
subject to state charities registrations requirements if they
are either targeting individuals in that state or have received
donations from that state on a repeated or ongoing basis.
Well, we're certainly likely to meet that test soon enough for many
states. As it stands, when Wikimedia Foundation gets donations via
PayPal I have no idea at all where the people live, because Paypal
doesn't give any personal information about the person.
Eventually Wikimedia must register, but is doing so
today
absolutely necessary? I doubt it, but if Wikimedia starts getting
donations from a specific state it should consider filing
in that State and eventually filing in all states that have
such a requirement (the Uniform Form will make it easier to
do, but there are still the filing fees which would be a burden
for Wikimedia right now until more people donate.
Yes, we have received just around $1,000 in donations so far. I
notice that most (but not all) of those states have exemptions for
organizations that have raised less than $10,000-$25,000.
Judging from the typical fees of $25-50, registration in all 50 states
might cost as much as $1250-$2500. That's a pretty absurd use of
funds for an organization that might be bringing in $10,000 in a year,
although I hope we grow beyond that level pretty quickly.
At least with the uniform filing, we can cover those states pretty
easily in terms of my time, which the above cost estimate of
$1250-$2500 assumes to be zero, not exactly true.
--Jimbo