Poll: Should Comic-Con Pay Taxes on its Annual Revenues of $10 Million-Plus?

Opening for preview today, the convention is classified as a nonprofit, educational group.

In fiscal 2010, La Mesa-based Comic-Con took in $10.1 million—mostly from the sale of membership “badges.”  As a nonprofit educational corporation “dedicated to creating awareness of, and appreciation for, comics related popular art forms,” it doesn’t sell tickets. It also doesn’t pay taxes—. But it also brings in as much as $60 million to the San Diego economy, according to one estimate. Does it deserve tax-exempt status? Or would that threaten its super-draw?

Libi Uremovic July 11, 2012 at 07:18 PM
no one goes to comic con because it's a non profit...comic con and religion should pay the same taxes as every other money making industry...
Mark July 11, 2012 at 07:24 PM
If they make money, it is for profit. Pay fair share. This would be a good thing for the State and Fed IRS to look at.
barry tarvin July 11, 2012 at 08:02 PM
Fine, look into them but while they are at it look into Media Matters and all the rest of those phony tax exempt organizations. Then, tax every church that has ever had a politically active speaker, or whose preacher has ever mentioned anything political from the pulpit.
Dave Fenner July 12, 2012 at 03:20 PM
Trust me, after having filed for, and formed a non-profit, the IRS and state FTB have looked at the purpose and function of this or any not for profit organiztion. You treat the question like it was not something already considered. Whoever runs the non-profit has to show a yearly distribution of monies, and it is sent to IRS. Since it is a California Corporation, I would assume you can look it up and see the financial report, like any other non-profit.
Brian Hanifin July 12, 2012 at 03:29 PM
San Diego Comic Convention http://nccsdataweb.urban.org/orgs/profile/953072188?popup=1
Selina Forte July 12, 2012 at 03:42 PM
Things I Learned July 12, 2012 at 04:00 PM
Nonprofits should pay taxes based on their gross revenues.
Komfort July 12, 2012 at 04:16 PM
Save Our Heritage Organization is a multimillion dollar non-profit that complains about millionaires: http://dynamodata.fdncenter.org/990s/990search/990.php?ein=237104876&yr=201106&rt=990&t9=A Is that irony or coincidence?
Selina Forte July 12, 2012 at 05:01 PM
What's your issue with SOHO?
Komfort July 12, 2012 at 05:29 PM
They act like crybabies.
Sheila Newbery July 12, 2012 at 05:41 PM
All churches, social groups, educational organizations that receive monies for services &/or products are money making businesses, YES GO AFTER THEM TO PAY THEIR FAIR SHARE.
Selina Forte July 12, 2012 at 05:43 PM
I have no idea what you are referring to. But they aren't really a multimillion dollar organization - at least not in the way you would classify a for profit company. As far as I am concerned, they are doing a great service for the San Diego community.
Sheila Newbery July 12, 2012 at 05:47 PM
Hey is this the same Mark Williams with sons Marc & Michael?
Sarah Riccitelli July 12, 2012 at 07:26 PM
Komfort. SOHO saves historically relevant sites from desecration. Without them, we would lose our history and the Whaley House would have been bulldozed for a gas station.
Sarah Riccitelli July 12, 2012 at 07:28 PM
In other words, SOHO performs an essential function for our beautiful community and we need more people like them.
Komfort July 12, 2012 at 07:38 PM
Will SOHO be tackling this desecration anytime soon? http://www.centroculturaldelaraza.org/
Sarah Riccitelli July 12, 2012 at 07:39 PM
Now, that being said, Comic-Con should pay back some of its revenue to the city. Just providing fun in the sun isn't enough.
Sarah Riccitelli July 12, 2012 at 07:51 PM
It's great that Centro Cultural de la Raza is doing so well. SOHO could help out in the future if whomever runs it now needs help.
Brian Hanifin July 13, 2012 at 12:07 AM
I am not an expert, but I do know that Comic-Con is the largest comics and pop culture convention in the United States, and I believe the 3rd or 4th largest in the world. That special kind of event bring a ton of revenue to the city via hotel and sales taxes (as mentioned in the article they bring in around $80,000,000 to the region). Not to mention Comic-con pays a ton of money just to rent out the convention hall and the hundreds of employees, security, and overtime for the police both on stand-by and directing traffic. So, I am satisfied they pay their share.
safesantee July 13, 2012 at 12:45 AM
In capitalism if you find a loop hole to make money, then make as much as you can before the law changes. "When governments fear the people, there is liberty. When the people fear the government, there is tyranny."
Ron Selkovitch July 13, 2012 at 03:56 AM
Interesting. Can you expand?
Komfort July 13, 2012 at 01:19 PM
"Labor unions are nonprofits, and they rake in millions of dollars a year tax-free in member dues. Unions don’t have to pay federal or state income taxes on member dues or donations, nor property taxes on much of their real estate. Those items are exempt from the very same taxes unions lobby to raise on everyone else. And the IRS tells FOX Business that, thanks to more extensive tax returns it launched in 2008, it has more information on nonprofits, including unions, and is now initiating a preliminary inquiry to see whether nonprofits are breaking tax laws by not paying what they owe. You might also be impressed that this opulent hotel[187 million dollar Westin Diplomat] is owned by a labor union, and is frequently used for union junkets, government documents show. As is the $15.4 million Hillcrest Golf Club in Saint Paul, Minn. As is the $33 million lakeside resort and golf club in Onaway, Mich., owned by the United Auto Workers Union, a resort now hemorrhaging millions of dollars at a time of auto bailouts and auto job losses" http://www.foxbusiness.com/government/2012/07/05/union-bling-union-junkets-1969452526/
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