Is our booster club required to file IRS Form 990?

Yes. ALL tax-exempt organizations, including all members of PBUSA, must file their own annual tax/information return with the Internal Revenue Service. There is no longer an exception for organizations that bring in less than $25,000 in gross receipts. IRS Form 990 is due by the 15th day of the 5th month following the end of your organization’s fiscal year. For example, if your PTO follows a calendar year, January 1-December 31, the IRS return is due May 15th. If your booster club follows a school fiscal year, such as July 1-June 30, the IRS return is due November 15th (the 15th day of the 5th month following June 30).

How to file Form 990 annual information/tax return with the IRS

Tax-exempt booster clubs with gross receipts/income of $25,000 or less during your fiscal year may file the IRS Form 990-N e-postcard. Most other school booster clubs that bring in $1,000,000 or less may file IRS Form 990 EZ. More information and guidance about Form 990 is available on the IRS Web site.

The 990 annual information return may be filed at any point following the close of your organization’s fiscal year and the due date. For example, booster club’s with a fiscal year ending June 30 may file the IRS 990 between July 1-November 15.