19 May
2016
19 May
'16
11:32 a.m.
thanks for the responses.
On Thu, May 19, 2016 at 4:20 AM, Marc Juul <juul(a)labitat.dk> wrote:
Yes but you could block their membership within the four week period.
i don't see any legitimate grounds for blocking.
i'm still confused a bit how a for-profit startup's office space rental is
a tax exempt donation but there are a great number of mysteries in the
universe & i'm ok w/that.
19 May
19 May
7:44 p.m.
New subject: entrepreneurial use of non-profit
On Thu, May 19, 2016 at 11:32 AM, robb <sf99er(a)gmail.com> wrote:
i'm still confused a bit how a for-profit startup's office space rental is
a tax exempt donation
Not sure I understood that. Is someone trying to rent office space, and
claiming that as a donation?
If someone is paying for a Sudo membership, keep in mind that memberships
do NOT count as tax deductible donations, because you do get something in
return!
Whether someone is actually renting an office or paying for a Sudo
membership to have a de facto office, those things would presumably fall
under business expenses for them - same as if they counted their home
office as a business expense.
Patrik
8:09 p.m.
New subject: entrepreneurial use of non-profit
On Thu, May 19, 2016 at 7:44 PM, Patrik D'haeseleer <patrikd(a)gmail.com>
wrote:
On Thu, May 19, 2016 at 11:32 AM, robb
<sf99er(a)gmail.com> wrote:
A few folk are spending a bunch of time in sudo working on their for-profit
IoT startup. I can't remember if it's fully open source / open hardware. If
it's not and they use the space a lot then maybe it's something we should
bring up at the next meeting on June 14th.
Or we could have the discussion right in this thread. How do people feel
about that?
If it's open stuff they're working on and they spend many hours a week at
sudo then yeah that seems to me to go against the spirit of the space and I
feel like we should probably tell them to find a real co-working space
instead of being a bunch of cheapskates.
Does anyone know? How open is this stuff? If it's 100% open
hardware/software but still a top-down controlled for profit how do people
feel about it? What if it's 100% closed?
--
marc/juul
i'm still confused a bit how a for-profit startup's office space rental
is a tax exempt donation
Not sure I understood that. Is someone trying to rent office space, and
claiming that as a donation?
If someone is paying for a Sudo membership, keep in mind that memberships
do NOT count as tax deductible donations, because you do get something in
return!
Whether someone is actually renting an office or paying for a Sudo
membership to have a de facto office, those things would presumably fall
under business expenses for them - same as if they counted their home
office as a business expense.
20 May
20 May
8:22 a.m.
New subject: entrepreneurial use of non-profit
if it's open hardware/software & horizontal, i'm all for it!
if it's open h/s & top down, maybe they should start looking for a better
fit.
if it's proprietary h/s that's top down...get the fuck out! do you know
where you are? have you read any of our wiki?
the only exception that i can currently think of is when there is some
overwhelming public benefit involved.
my $.02
On Thu, May 19, 2016 at 8:09 PM, Marc Juul <juul(a)labitat.dk> wrote:
On Thu, May 19, 2016 at 7:44 PM, Patrik D'haeseleer <patrikd(a)gmail.com>
wrote:
On Thu, May 19, 2016 at 11:32 AM, robb
<sf99er(a)gmail.com> wrote:
A few folk are spending a bunch of time in sudo working on their
for-profit IoT startup. I can't remember if it's fully open source / open
hardware. If it's not and they use the space a lot then maybe it's
something we should bring up at the next meeting on June 14th.
Or we could have the discussion right in this thread. How do people feel
about that?
If it's open stuff they're working on and they spend many hours a week at
sudo then yeah that seems to me to go against the spirit of the space and I
feel like we should probably tell them to find a real co-working space
instead of being a bunch of cheapskates.
Does anyone know? How open is this stuff? If it's 100% open
hardware/software but still a top-down controlled for profit how do people
feel about it? What if it's 100% closed?
--
marc/juul
i'm still confused a bit how a for-profit startup's office space rental
is a tax exempt donation
Not sure I understood that. Is someone trying to rent office space, and
claiming that as a donation?
If someone is paying for a Sudo membership, keep in mind that memberships
do NOT count as tax deductible donations, because you do get something in
return!
Whether someone is actually renting an office or paying for a Sudo
membership to have a de facto office, those things would presumably fall
under business expenses for them - same as if they counted their home
office as a business expense.
21 May
21 May
12:13 p.m.
New subject: thank you Andy of CCL
Thank you Andy for slipping some honey under the microscope
19 May
19 May
8:01 p.m.
New subject: entrepreneurial use of non-profit
On Thu, May 19, 2016 at 11:32 AM, robb <sf99er(a)gmail.com> wrote:
thanks for the responses.
On Thu, May 19, 2016 at 4:20 AM, Marc Juul <juul(a)labitat.dk> wrote:
Well no-one is saying that sudo room's membership fees are tax exempt,
though anything above our base fee of $10 could potentially be counted as a
tax-deductible donation. You'd have to ask your own accountant/lawyer about
that. sudo room itself can count membership fees towards the 1/3 of its
income that has to come from charitable/exempt activities:
http://grantspace.org/tools/knowledge-base/Nonprofit-Management/Establishme…
Differences in how different people use the space will not affect whether
their membership payments count towards sudo room's 1/3 income and that's
what matters for sudo room. How someone uses the space possibly could
affect whether or not their own contributions are tax deductible since the
test is roughly "do you pay/donate more money than the good/services you
receive are worth" but that's up to individuals and their various
gods^H^H^H^Hbeaurocrats.
I am not a lawyer so take my advice and your own risk.
--
marc/juul
Yes but you could block their membership within the four week period.
i don't see any legitimate grounds for blocking.
i'm still confused a bit how a for-profit startup's office space rental is
a tax exempt donation but there are a great number of mysteries in the
universe & i'm ok w/that.
2920
days inactive
2922
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5 comments
4 participants
participants (4)
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beehappysolutions -
Marc Juul -
Patrik D'haeseleer -
robb