Starting-a-Non-Profit-In-Wyoming
A comprehensive guide on how to start a non-profit organization in Wyoming, including choosing a name, filing articles of incorporation, and obtaining necessary licenses and tax IDs.
Save 90% on your legal bills
In this comprehensive guide, we'll walk you through the steps to start a non-profit organization in Wyoming. From choosing a name to filing articles of incorporation, we'll cover everything you need to know to get your non-profit up and running.
Wyoming is a great place to start a non-profit, with its business-friendly environment and low fees. But before you get started, it's essential to understand the legal requirements and procedures involved in incorporating a non-profit in Wyoming.
Here are the steps to start a non-profit in Wyoming:
Choose a name for your non-profit that is unique and not already in use by another organization. You can search for available names using the Wyoming Secretary of State's website.
Filing Articles of Incorporation: You'll need to file articles of incorporation with the Wyoming Secretary of State's office. This document will outline the purpose of your non-profit, its name, and the names and addresses of its initial directors.
Obtain a Federal Tax ID Number: You'll need to obtain a federal tax ID number from the IRS, also known as an Employer Identification Number (EIN).
Obtain a Wyoming State Tax ID Number: You'll need to obtain a Wyoming state tax ID number from the Wyoming Department of Revenue.
File for 501(c)(3) Tax-Exempt Status: You'll need to file for 501(c)(3) tax-exempt status with the IRS. This will allow your non-profit to be exempt from federal income taxes.
Obtain a Business License: You'll need to obtain a business license from the Wyoming Secretary of State's office.
Register for Wyoming State Sales Tax: If your non-profit will be selling goods or services, you'll need to register for Wyoming state sales tax.
File Annual Reports: You'll need to file annual reports with the Wyoming Secretary of State's office, which will provide updates on your non-profit's activities and financial information.
Starting a non-profit in Wyoming can be a complex process, but with this guide, you'll be well on your way to getting your organization up and running. Remember to consult with an attorney or accountant to ensure you're in compliance with all applicable laws and regulations.