Illinois Association of Institutional Research

The Illinois Association of Institutional Research (I-AIR) has 501(c)(6) status with the federal government.  This designation is characterized by a common business interest, which the organization typically promotes. Organizations under this category are exempt from most federal income taxes. Donations to a 501(c)(6) are not tax deductible as charitable contributions, as is the case in the 501(c)(3) category.  Based on Illinois taxation guidelines, organizations such as I-AIR are not exempt from state sales tax.

501(c)(6) organizations may engage in limited political activities that inform, educate, and promote their given interest. They may not engage in direct expenditures advocating a vote for a political candidate or cause. Donations to 501(c)(6) organizations are not required to be disclosed.

Beginning in 2008, I-AIR must file an annual electronic postcard with the Internal Revenue Service.  Specifically, Form 990-N, must be filed by the 15^th day of the 5^th month after the close of our tax period (i.e., April 15, given a November 30 close of tax period).  Our first filing will occur for the tax period ending November 30, 2008 and will be due by April 15, 2009. 

Form 990-N includes the following:

q  Organization’s legal name

q  Organization’s mailing address

q  Organization’s website address

q  Organization’s employer identification number (EIN)

q  Name and address of a principal officer of your organization

q  Organization’s annual tax period

q  Verification that the organization’s annual gross receipts are still normally $25,000 or less

Currently, no separate filing with the Illinois Department of Revenue is required.