A corporate sponsorship payment that is contingent on attendance at a sporting event increases the amount of unrelated business income.

Question

Quizplus · Accepted Answer

If a corporate sponsorship payment is contingent on attendance at a sporting event, it is likely considered advertising income, which is unrelated to the organization's tax-exempt mission and therefore, can increase the amount of unrelated business income.

A Corporate Sponsorship Payment That Is Contingent on Attendance at a Sporting