Charitable Raffle License
Similarly, in order to conduct a charitable raffle occasion, an organization must make an application to the Tax Commissioner on a form
RAF-1 at least sixty days prior to conducting an occasion. This requirement may be waived for renewal applications. Details about the type of information necessary to complete an application are located in the
Organizations with a raffle license authorized to conduct charitable raffle occasions are required to file a financial report within 30 days after the expiration of their license (whether annual or limited occasion). The Annual report must be filed on a form
RAF-3 and contain the accompanying schedule
RAFFLE-4. Details about the type of information necessary to complete a financial report are located in the
All charitable raffle boards and charitable raffle games must be purchased from a distributor who is licensed by the Tax Commissioner to sell charitable raffle boards and games. (see below for information about licensure).
It is important to note that in order to conduct a charitable bingo and a charitable raffle, an organization must attain a license for both activities.
The net proceeds from the conduct of charitable bingo and raffles must be expended by the organization for its exempt purposes or donated to another tax-exempt organization to use for its tax-exempt purposes.