Enter the name of the corporation at the top of the form to complete the certificate's title. All section 501(c)(3) organizations are absolutely prohibited from directly or indirectly participating in, or intervening in, any political campaign.The IRS has denied an exemption application or revoked the exempt status of a 501(c)(4) organization for engaging in political activity. Filling out Form 1023 accurately and thoroughly is a must-do as errors or omissions can lead to delays or outright rejection of your application. How do I form a "C" corporation, an "S" corporation, or a "501(c)(3)" corporation? What is a close corporation? How to apply for tax-exempt status for your nonprofit and the IRS Form 1023 application. 501(c)(3) since the inception of that rule in 1954. P had paid unrelated business income tax for 1952, 1953, 1954, 2000, and 2001. Designed to help new nonprofit organizations complete the Application for Exempt Status Under Section 501(c)(3) of the Internal Revenue Code. StayExempt.