Page:United States Statutes at Large Volume 68A.djvu/540

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500

INTERNAL REVENUE CODE OF 1954

athletic season for such event, if the proceeds therefrom inure exclusively to the benefit of such institutions. (2) AGRICULTURAL FAIRS.—Any admissions to agricultural fairs if no part of the net earnings thereof inures to the benefit of any stockholders or members of the association conducting the same—if the proceeds therefrom are used exclusively for the improvement, maintenance, and operation of such agricultural fairs. (3) CERTAIN CONCERTS.—Any admissions to concerts conducted by a civic or community membership association if no part of the net earnings thereof inures to the benefit of any stockholders or members of such association. (4) M U N I C I P A L SWIMMING POOLS, ETC.—Any admissions to swimming pools, bathing beaches, skating rinks, or other places providing facilities for physical exercise, operated by any State or political subdivision thereof or by the United States or any agency or instrumentality thereof—if the proceeds therefrom inure exclusively to the benefit of the State, political subdivision, United States, agency, or instrumentality. (5) H O M E AND GARDEN TOURS.—Any admission to a home or garden which is temporarily opened to the general public as part of a program conducted by a society or organization to permit the inspection of historical homes and gardens—if no part of the net earnings thereof inures to the benefit of any private stockholder or individual. (6) HISTORIC SITES, MUSEUMS, AND PLANETARIUMS.—Any admission to an historic site, house, or shrine, to a museum of history, art, or science, to a planetarium, or to any exhibition in connection with any of the foregoing, operated— (A) by any State or political subdivision thereof or by the United States or any agency or instrumentality thereof—if the proceeds therefrom inure exclusively to the benefit of the State, political subdivision. United States, agency, or instrumentality, or (B) by any society or organization not organized for profit— if no part of the net earnings thereof inures to the benefit of any private stockholder or individual. (7) CERTAIN AMATEUR THEATER PERFORMANCES.—Any admission to an amateur performance presented and performed by a civic or community theater group or organization—if no part of the net earnings thereof inures to the benefit of any private stockholder or individual. (8) CERTAIN AMATEUR AND SEMIPROFESSIONAL BASEBALL GAMES.—

Any admission to a baseball game, if all the players who participate therein have an amateur or semiprofessional standing, and if (A) such game is not primarily conducted for profit, (B) neither team participating in such game is regularly engaged in playing baseball for its own profit, and (C) no part of the net earnings thereof inures to the benefit of any private stockholder or individual. (9) CERTAIN RODEOS AND PAGEANTS.—Any admission to a rodeo or an historical pageant, if the proceeds therefrom are used exclusively for the improvement, maintenance, and operation of such rodeo or pageant, and if no part of the net earnings thereof inures to the benefit of any private stockholder or individual. § 4233(a)(1)(C)