Farmers Market Coalition

Obtaining 501(c)(3) exemption status from the Internal Revenue Service (IRS) may be one of the most effective ways to open doors for your farmers market— 501(c)(3) status holders have been known to wax poetic about how their exemption has increased their credibility and widened their access to funding from foundations and federal grants. However, as useful as 501(c)(3) status may be, there is no doubt that obtaining it can also be one of the most frustrating and challenging pursuits undertaken by farmers market managers and board members. Here, the Farmers Market Coalition answers a few of its most frequently asked questions about farmers markets and 501(c)(3) status.

Tags: 501c3, tax