US Slavery Museum's Tax-Exempt Status Revoked
RICHMOND, Va. -- The U.S. Slavery Museum has lost its federal tax-exempt status.
The move means the Fredericksburg, Va., museum envisioned by former Gov. L. Douglas Wilder can't receive tax-deductible charitable contributions.
Nonprofit groups must file a return or notice annually to the IRS. The IRS revokes a nonprofit's tax-exempt status if it fails to file for three consecutive years. The museum last filed a federal return in 2007.
The IRS says organizations may apply to regain their tax-exempt status.
The museum is in chapter 11 bankruptcy while it reorganizes its $7 million debt.