My wife's non profit theater company received a grant of $4,700. How do I report this as income on my personal taxes when we have not received a tax statement for it.

[jeffhmason]

We did not receive any variety of 1099, however I wish to report it as income on our personal taxes.  Where would I enter this information in TurboTax?  Thank you!

[Bsch4477]

If the grant is to a non profit institution why would you report it as income on your personal return?  

[Critter-3]

Have you filed the required return for the non profit yet ?

[jeffhmason]

Thanks for the reply.  The answer is no.  Calling it a "non-profit" is probably a misnomer on my part.  It's really just a volunteer organization that puts on small scale plays.  I realize they must have some kind of official designation in order to receive grant money, but I do not know what it is.  That's why I was hoping it could be reported as personal income.

[Mike9241]

if the theater company has received non-profit status from the IRS, it usually has to file one of the 990 forms> samll ones may only need to file a postcard "990" with certain info.  the filing requirement should have been spelled out in the letter from the IRS granting non-profit status. in that case, that grant is not reported on your 1040 and the use of the grant must conform to its terms. if you have trouble understanding this you need to confer with a tax pro familiar with non-profits. failure to file has penalties

[jeffhmason]

Thank you for the reply!

[Critter-3]

Someone needs to figure out what you have and what needs to be filed.  Someone applied for the grant so what name was on the check that was recieved ?   What bank account was it deposited in and/or  who cashed the check ?   Someone knows something ... you cannot just "put it on the personal return" for no reason.  Many grants are not even taxable. 

[jeffhmason]

Thank you!