Today we received word from the IRS that our application for 501(c)(3) status was approved! This means that all donations to the Studio in the future will be tax deductible!
This is a new phase for Ares Studios and our loyal donors. It also means more paperwork and IRS filings, but being that our financials are always so meticulously kept (our accountants love how organized we keep our records), this should be no problem.
So stay tuned as we work through the 501(c)(3) process! Thank you all for your support!
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So, what **if anything**, does this mean in regard to CBS/Paramount?
Does this mean they have to leave you alone now? Ha-ha!! That would be great!
Give us an update, let us know. Thanks!!