Slavery museum loses tax-exempt status - NBC12 - WWBT - Richmond, VA News On Your Side

Slavery museum loses tax-exempt status

FREDERICKSBURG, VA (WWBT) - Another set back tonight for former Governor Doug Wilder's plans for a National Slavery Museum in Fredericksburg.

The IRS has revoked the museum's federal tax exempt status, meaning the museum can not receive tax-deductible charitable contributions. The IRS revokes the status if an organization fails to file for three years.

The museum is in Chapter 11 bankruptcy for its $7 million debt. The IRS says organizations may apply to regain their tax-exempt status.

In a recent plan filed in court to get out of bankruptcy, the museum pledged to raise $900,000 a year.  

Copyright 2012 WWBT NBC12.  all rights reserved.

  • Latest news from NBC12.comNEWSMore>>

  • The Latest: HHS says families won't be immediately reunited

    The Latest: HHS says families won't be immediately reunited

    Wednesday, June 20 2018 12:01 PM EDT2018-06-20 16:01:56 GMT
    Saturday, June 23 2018 4:04 AM EDT2018-06-23 08:04:04 GMT
    (AP Photo/Kirsty Wigglesworth, File). FILE - In this Wednesday, June 13, 2018 file photo, Britain's Prime Minister Theresa May leaves 10 Downing Street to attend the weekly session of PMQs at parliament in London. The British government is facing anoth...(AP Photo/Kirsty Wigglesworth, File). FILE - In this Wednesday, June 13, 2018 file photo, Britain's Prime Minister Theresa May leaves 10 Downing Street to attend the weekly session of PMQs at parliament in London. The British government is facing anoth...
    British Prime Minister Theresa May says the United States is wrong to separate migrant children from their parents, but has rejected calls to cancel President Donald Trump's visit to Britain next month.More >>
    British Prime Minister Theresa May says the United States is wrong to separate migrant children from their parents, but has rejected calls to cancel President Donald Trump's visit to Britain next month.More >>
  • AP Explains: Where do kids split from parents go?

    AP Explains: Where do kids split from parents go?

    Wednesday, June 20 2018 2:44 PM EDT2018-06-20 18:44:14 GMT
    Saturday, June 23 2018 1:54 AM EDT2018-06-23 05:54:38 GMT
    (AP Photo/Ross D. Franklin, Pool, File). FILE - In this June 18, 2014, file photo, two young girls watch a World Cup soccer match on a television from their holding area where hundreds of mostly Central American immigrant children are being processed a...(AP Photo/Ross D. Franklin, Pool, File). FILE - In this June 18, 2014, file photo, two young girls watch a World Cup soccer match on a television from their holding area where hundreds of mostly Central American immigrant children are being processed a...
    The government hasn't worked out a streamlined way to reunite kids and parents separated at the border under the new zero-tolerance policy requiring all immigrants who cross the border illegally to be prosecuted.More >>
    The government hasn't worked out a streamlined way to reunite kids and parents separated at the border under the new zero-tolerance policy requiring all immigrants who cross the border illegally to be prosecuted.More >>
  • Work crews respond to Henrico neighborhood after trees left homes condemned

    Work crews respond to Henrico neighborhood after trees left homes condemned

    Friday, June 22 2018 11:17 PM EDT2018-06-23 03:17:59 GMT
    Tree down on North Mapleleaf Avenue (Source: NBC12)Tree down on North Mapleleaf Avenue (Source: NBC12)
    Tree down on North Mapleleaf Avenue (Source: NBC12)Tree down on North Mapleleaf Avenue (Source: NBC12)

    On North Mapleleaf Avenue in Eastern Henrico, homes were damaged and in one case a tree fell on a woman, cracking her skull before she had to be rushed to the hospital.

    More >>

    On North Mapleleaf Avenue in Eastern Henrico, homes were damaged and in one case a tree fell on a woman, cracking her skull before she had to be rushed to the hospital.

    More >>
Powered by Frankly