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Operating an IRS-Compliant Gymnastics Booster Club

PDF USA Gymnastics
December 4, 2014

Marc Jacobs gave a presentation via webinar on “Operating an IRS-Compliant Gymnastics Booster Club” to gymnasts and their families, coaches, instructors, judges, club owners, administrators, and other members of USA Gymnastics. The presentation focused on the importance of creating a booster club and determining whether or not the club qualifies for nonprofit status. Attendees left the webinar with a better understanding of how to structure and manage their booster club so as to be exempt from taxation under Section 501(c)(3) of the Internal Revenue Code (IRC).

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