Organizations described in section 501(c)(3) are commonly referred to as charitable organizations. Organizations described in section 501(c)(3), other than testing for public safety organizations, are eligible to receive tax-deductible contributions in accordance with Code section 170.
United Sound, Inc. is a nonprofit organization, tax exempt under section 501(c)3 of the Internal Revenue Code.
To be tax-exempt under section 501(c)3 of the Internal Revenue Code, an organization must be organized and operated exclusively for exempt purposes set forth in section 501(c)3, and none of its earnings may inure to any private shareholder or individual. In addition, it may not be an action organization, i.e., it may not attempt to influence legislation as a substantial part of its activities and it may not participate in any campaign activity for or against political candidates. The organization must not be organized or operated for the benefit of private interests, and no part of a section 501(c)(3) organization's net earnings may inure to the benefit of any private shareholder or individual.