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DocuSign Envelope ID: F6F24E9A-E685-4D51-AA37-BB7ACA9A687F <br /> Addnrss r ' <br /> rsy reply tn: P.0. Box 632,Atlanta,Georgia 30301 <br /> d o NM V ft(3)4T&&WV . <br /> Internal Revenue Service <br /> oatev in reply rettr to; <br /> � <br /> .NO L2 1976 IPD 72-01:CDB;30610 <br /> a The Art School <br /> 150 E. Main Street <br /> Carrboro, N. C, 27510 <br /> Gentlemen: <br /> Rased on information supplied, and assuming your operations will <br /> be as stated in your application for recognition of exemption, we <br /> have determined you are exempt from federal income tax under section <br /> 501(c) (3) of the Internal Revenue Code. <br /> We have further determined you are not a private foundation within <br /> the meaning of section 509(a) of the Code, because you are an <br /> organization described in section bl��l(A��,�?�. and ,0 & �1) <br /> You are not liable for social security (FICA) taxes unless you <br /> file a waiver of exemption certificate as provided in the Federal. <br /> Insurance Contributions Act. You are not liable for the taxes imposed <br /> under the Federal Unemployment Tax Act (FUTA) . <br /> Since you are not a private foundation, you are not subject to <br /> the excise taxes under Chapter 42 of the Code. However, you are not <br /> automatically exempt -from other Federal excise taxes, If you have any <br /> questions about excise, employment, or other Federal taxes, please <br /> let us know, <br /> Donors may deduct contributions to you as provided in section <br /> 170 of the Code. Requests, legacies, devises, transfers, or gifts to <br /> You or for your use are deductible for Federal estate and gift tax <br /> Purposes if they meet the applicable provisions of sections 2055, <br /> 2106, and 2522 of the Code. <br /> If your purposes, character, or method of operation is changed, <br /> please- let us know so we can consider the effect of the change on <br /> your .exempt status. Also, you should inform us of all changes in your <br /> name or address. <br /> coven Form 1,-178 (Rev.8-73) <br />