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IRS revokes US Slavery Museum's tax-exempt status

IRS revokes US Slavery Museum's federal tax-exempt status; museum is in chapter 11 bankruptcy By The Associated Press

RICHMOND, Va. (AP) ' The U.S. Slavery Museum has lost its federal tax-exempt status.

The Washington Post reports ( ) the museum was added Wednesday to a list of organizations that have had their federal tax-exempt status revoked by the Internal Revenue Service.

The move means the Fredericksburg, Va., museum envisioned by former Gov. L. Douglas Wilder can't receive tax-deductible charitable contributions.

Nonprofit groups must file a return or notice annually to the IRS. The IRS revokes a nonprofit's tax-exempt status if it fails to file for three consecutive years. The museum last filed a federal return in 2007.

The IRS says organizations may apply to regain their tax-exempt status.

The museum is in chapter 11 bankruptcy while it reorganizes its $7 million debt.


Information from: The Washington Post,

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