Originally Posted by
BmillsSkier
4Matic,
It’s possible for a member of an entity (in this case likely a DE LLC joint venture between the three tours) to be a non-profit corporation. So long as that entity continues to comply with the code they keep the status. Did you know the NFL is a non-profit as well?
The Tour is not a 501(c)(3) charitable entity, it’s a 501(c)(6) acting and charitably supporting a trade organization - the players and tour apparatus.
I think your issue is with the tax code, not the Tour.