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News & EventsMineral Wells, TX
September 21, 2002
[PRINTABLE VERSION - PDF]Museum Financial Status Confirmed
The National Vietnam War Museum recently received two pieces of information that will assist in its short-term goal of breaking ground in July of 2004.
In August, the Internal Revenue Service returned its findings granting the Museum its permanent 501 (c) (3) status as a tax-exempt non-profit organization. The museum was originally chartered under the 501(c) (3) umbrella of the Fort Wolters Chapter of the VHPA, its founding organization. Subsequently, the museum was granted an interim tax-exempt status pending the findings of the IRS. Copies of the finding are on file with the museum’s Board of Directors.
In addition to the permanent 501(c) (3) status, the museum received the final independent auditors’ report for the year ending December 31, 2001. After a thorough review, the firm of Crawford, Carter, Thompson & Barron, L.L.P., Certified Public Accountants, issued a finding that the financial statements of the museum fairly presented, in all aspects, the financial position of the museum in conformity with generally accepted accounting principles in the United States.
These two findings allow contributors to the museum to feel comfortable about the financial stability of The National Vietnam War Museum, and its continued tax-exempt, non-profit status.
To learn more about the efforts to establish The National Vietnam War Museum, contact them at P.O. Box 146, Mineral Wells, TX 76068.
