2017-02-22, 02:18
XBMC is a corporation, i.e., company.It was incorporated in Delaware 25 March 2012. Jonathan Marshall, President
Quote: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.
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.
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. If the organization engages in an excess benefit transaction with a person having substantial influence over the organization, an excise tax may be imposed on the person and any organization managers agreeing to the transaction.
Section 501(c )(3) organizations are restricted in how much political and legislative (lobbying) activities they may conduct. For a detailed discussion, see Political and Lobbying Activities. For more information about lobbying activities by charities, see the article Lobbying Issues; for more information about political activities of charities, see the FY-2002 CPE topic Election Year Issues.
(2017-02-22, 02:18)memoriesman49 Wrote: XBMC is a corporation, i.e., company.It was incorporated in Delaware 25 March 2012. Jonathan Marshall, President
(2017-02-22, 17:37)memoriesman49 Wrote: Thanks Scott, I believe you are making my point. I also did not find any documentation about Kodi/XBMC being a 501c3, that does not mean they are not but it does muddy the waters. Some of the replies have discussed the reason for not making Kodi a licensed or purchase software product. Due to the fact they have had so many contributors, which makes perfect sense.
(2017-02-22, 07:02)scott967 Wrote:@scott967 and memoriesman49. Please realize that XBMC/Kodi have now existing as an free and open source project since 2002, that is around 15-years now, and it have been a GPL licensed from the start. Thee free and open source software philosophy that the XBMC Foundation and the Kodi team members follows is not something new here.(2017-02-22, 02:18)memoriesman49 Wrote: XBMC is a corporation, i.e., company.It was incorporated in Delaware 25 March 2012. Jonathan Marshall, PresidentWell, according to the incorporation papers on the wiki, it was incorporated in 2009. http://kodi.wiki/images/3/30/Delaware_In...Notice.pdf
It's supposed to be a 501c3, but I can't find any IRS Form 990 for it so I'm not sure it really is.