| Purpose: |
PLANETA IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL, AND SCIENTIFIC PURPOSES, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT WOULD QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE PLANETA IS A MULTIDISCIPLINARY COLLECTIVE DEDICATED TO BUILDING COMMUNITY RESILIENCE BY CREATING IMMERSIVE SPACES OF AUDIO, VISUAL, AND TACTILE EXPERIENCES THAT CENTER QUEER JOY AND UPLIFT QTBIPOC FOLKS THROUGH PERFORMANCE, DANCE, ART THERAPY, AND RESOURCE DISTRIBUTION. OUR SPACES SERVE AS INTERSECTIONS FOR CULTURE, COMMUNITY, ARTS, AND PERFORMANCE. WE AIM TO CHALLENGE THE BASELINE FOR WHAT WE SHOULD EXPECT FROM GATHERING SPACES BY ENCOURAGING PEOPLE TO CONNECT TO AND HONOR THEIR MIND, BODY AND SPIRIT THE INTERNAL AFFAIRS OF THE CORPORATION SHALL BE REGULATED BY THE BYLAW, AND THE BOARD OF DIRECTORS SHALL SUPERVISE THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE CORPORATION IN ACCORDANCE WITH BY LAWS A. THIS CORPORATION SHALL NOT DIRECTLY OR INDIRECTLY ENGAGE IN ANY ACTIVITY:   1. THAT WILL PREVENT THIS CORPORATION FROM QUALIFYING (AND CONTINUING TO QUALIFY) AS A CORPORATION DESCRIBED IN SECTION 501 (C) (3) OF THE CODE AND REGULATIONS THEREUNDER, OR   2. WHICH IS PROHIBITED BY AN ORGANIZATION THAT CONTRIBUTIONS TO WHICH ARE DEDUCTIBLE UNDER SECTION 170 (C)(2) OF THE CODE AND REGULATIONS THEREUNDER B. NO PART OF THE NET EARNINGS OF THE CORPORATION SHALL INURE TO THE BENEFIT OF, OR BE DISTRIBUTABLE TO ITS MEMBERS, DIRECTORS, OFFICERS, OR OTHER PRIVATE’S PERSONS, EXCEPT THAT THE CORPORATION SHALL BE AUTHORIZED AND EMPOWERED TO PAY REASONABLE COMPENSATION FOR SERVICE RENDERED AND TO MAKE PAYMENTS AND DISTRIBUTIONS AND FURTHERANCE OF THE PURPOSE SET FORTH IN ARTICLE SECOND HEREOF.  C. NO SUBSTANTIAL PART OF THE ACTIVITIES OF THE CORPORATION SHALL BE THE CARRYING ON OF PROPAGANDA OR OTHERWISE ATTEMPTING TO INFLUENCE LEGISLATION, AND THE CORPORATION SHALL NOT PARTICIPATE IN, OR INTERVENE IN (INCLUDING THE PUBLISHING OR DISTRIBUTION OF STATEMENTS) ANY POLITICAL CAMPAIGN ON BEHALF OR IN OPPOSITION TO ANY CANDIDATE FOR PUBLIC OFFICE. |
