(a) No tax shall be levied under this chapter with respect to any Admission Charge, all the net proceeds of which inure:
(1) Exclusively to the benefit of religious, educational, charitable, or governmental institutions, societies or organizations, if no part of the net earnings thereof inure to the benefit of any private stockholder or individual.
(2) Exclusively to the benefit of persons in the military or naval forces of the United States, or of National Guard organizations, reserve officer associations or posts or organizations of war veterans, or auxiliary units or societies of any such posts or organizations if such posts, organizations, units or societies are organized in the State of Ohio, and if no part of their net earnings inure to the benefit of any private stockholder or individual.
(3) Exclusively to the benefit of persons who serve in the military or naval forces of the United States and are in need.
(b) Immediately after the event for which an exemption from admission tax has been allowed, the treasurer of the institution, society or organization for whose benefit such event was held shall file an itemized statement with the Finance Director setting forth “Net Proceeds” shall mean the amount of money actually received by such institution, society or organization from Admissions Charges for admission to the event; provided, however, the Finance Director shall be authorized to require the filing of an itemized statement by the treasurer, and if such statements shows a disproportionate expenditure for promoting and conducting such event in relation to the profits, if any, no such exemption shall thereafter be allowed to such institution, society or organization.
(c) The exemption from tax provided in this section shall not be allowed to any institution, society or organization which does not control the sale of admissions to the event for which the exemption is requested.
(Ord. 18-017. Passed 9-4-18.)