Political Organization Filing Requirements: Penalties for Failing to Make Forms 990 Publicly Available
What if the tax-exempt political organization does not make its Forms 990 publicly available?
A penalty of $20 per day may be imposed on any person with a duty to comply with the public inspection requirements for each day a failure to comply continues. The maximum penalty that may be incurred for any failure to disclose any one return is $10,000. Any person, who willfully fails to comply with the public inspection requirements for annual returns, will be subject to an additional penalty of $5,000.