Taxes on the fundraising income in in a foreign country?

There will be a fundraising event w artworks donated by the artists (USA) in abraod. The event will generate donations (foreign) through donations (USA) for a adjectives nonprofit arts org. Do I hold to report this income to IRS and rate toll? If so, how much will it be? Thanks.

Answers:
if it's going to be a adjectives non profits arts org after in that should be no income rates. Non-profits do not repay income charge on their income to be exact related to the non-profit. But hopefully you will hold the non-profit contained by place by year close.
Yes you partly to report adjectives income to the IRS or they could come wager on on you
The donations will not be tax-exempt unless the structure unloading the donations is a qualified bureau previously the donations are received.

If you adopt donations as described, they will be taxable to you and not deductible to any donor.

Yes, you will enjoy to report this as unearned income. Tax will be up to 38% depending on your levy bracket.

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