Rev. Rul. 79-30

Rev. Rul. 54-393, 1954-2 C.B. 125, provides that information returns are not required to be filed by organizations claiming exemption under section 101 of the Internal Revenue Code of 1939 prior to establishment of exempt status.

Section 1.6033-2(c) of the Income Tax Regulations, applicable to taxable years beginning after December 31, 1969, provides that an organization claiming exempt status under section 501(a) of the Code shall file an information return on Form 990 or, if it claims to be a private foundation, on Form 990-PF, in accordance with the instructions applicable to such returns. This section also provides that the organization must indicate on the information return that the return is filed in the belief that the organization is exempt under section 501(a), but that the Internal Revenue Service has not yet recognized such exemption.

Because section 1.6033-2(c) of the regulations requires the filing of an information return prior to the establishment of exempt status, Rev. Rul. 54-393 is hereby declared obsolete.