# ASC 720-958-50: Other Expenses — Not-for-Profit Entities — 50 Disclosure Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/720/958/#50-disclosure) Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective. Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure. Source downloaded (UTC): 2026-09-10T01:13:20.026Z to 2026-09-10T01:13:20.026Z Record version: sha256:5a6d8ddb8247d2b3239b94e2ec3016217fc7835b29769f7496253fae384444fa Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 720-958-50: 50 Disclosure [Read section](https://asc.understandingaccounting.org/asc/720/958/#50-disclosure) SEC content: no ##### [720-958-50-1](https://asc.understandingaccounting.org/asc/720/958/#720-958-50-1) Pending content: no Source downloaded (UTC): 2026-09-10T01:13:20.026Z to 2026-09-10T01:13:20.026Z Record version: sha256:413062df704c95a233d9f4234d20df1945d78f6648556851290b5f92c0bb7435 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The financial statements of a [not-for-profit entity](https://asc.understandingaccounting.org/glossary/n/#not-for-profit-entity "An entity that possesses the following characteristics, in varying degrees, that distinguish it from a business entity: Contributions of significant amounts of resources from resource providers who do not expect commensurate or proportionate pecuniary return Operating purposes other than to provide goods or services at a profit Absence of ownership interests like those of business entities. Entities that clearly fall outside this definition include the following: All investor-owned entities Entities that provide dividends, lower costs, or other economic benefits directly and proportionately to their owners, members, or participants, such as mutual insurance entities, credit unions, farm and rural electric cooperatives, and employee benefit plans.") (NFP) shall disclose the following information: 1. a Total fundraising expenses. 2. b Total program expenses and information about why total program expenses disclosed in the notes do not articulate with the statement of activities. Pursuant to paragraph [958-720-45-5](https://asc.understandingaccounting.org/asc/720/958/#720-958-45-5), this disclosure is only required if the components of total program expenses are not evident from the details provided on the face of the statement of activities (for example, if cost of sales is not identified as either program or supporting services). 3. bb The relationship between functional classification and natural classification for all expenses in an analysis that disaggregates functional expense classifications by their natural expense classifications in accordance with paragraph [958-720-45-15](https://asc.understandingaccounting.org/asc/720/958/#720-958-45-15). 4. c The amount of income tax expense and the nature of the activities that generated the taxes, which is only required if the NFP incurs income tax expense. 5. d A description of the methods used to allocate costs among program and support functions. See paragraph [958-720-55-176](https://asc.understandingaccounting.org/asc/720/958/#720-958-55-176) or Note F in paragraph [958-205-55-21](https://asc.understandingaccounting.org/asc/205/958/#205-958-55-21) for examples of note disclosures on the cost allocation methods used. ### Accounting for Costs of Activities that Include Fundraising ##### [720-958-50-2](https://asc.understandingaccounting.org/asc/720/958/#720-958-50-2) Pending content: no Source downloaded (UTC): 2026-09-10T01:13:20.026Z to 2026-09-10T01:13:20.026Z Record version: sha256:ce55e2d0a8f5df1377473bf67f83fd63dbddb2213856466206f860085647ec97 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. A [not-for-profit entity](https://asc.understandingaccounting.org/glossary/n/#not-for-profit-entity "An entity that possesses the following characteristics, in varying degrees, that distinguish it from a business entity: Contributions of significant amounts of resources from resource providers who do not expect commensurate or proportionate pecuniary return Operating purposes other than to provide goods or services at a profit Absence of ownership interests like those of business entities. Entities that clearly fall outside this definition include the following: All investor-owned entities Entities that provide dividends, lower costs, or other economic benefits directly and proportionately to their owners, members, or participants, such as mutual insurance entities, credit unions, farm and rural electric cooperatives, and employee benefit plans.") (NFP) that allocates [joint costs](https://asc.understandingaccounting.org/glossary/j/#joint-costs "The costs of conducting joint activities that are not identifiable with a particular component of the activity. For example, the cost of postage for a letter that includes both fundraising and program components is a joint cost. Joint costs may include the following costs: Salaries Contract labor Consultants Professional fees Paper Printing Postage Event advertising Telephones Airtime Facility rentals.") shall disclose all of the following in the notes to its financial statements: 1. a The types of [activities](https://asc.understandingaccounting.org/glossary/a/#activities "Activities are efforts to accomplish specific objectives. Some activities include producing and distributing materials. For example, if a not-for-profit entity (NFP) undertakes a mass mailing that includes a letter and a pamphlet, producing and distributing the letter and pamphlet are part of the activity. Other activities may include no materials, such as an annual dinner or a radio commercial.") for which joint costs have been incurred 2. b A statement that such costs have been allocated 3. c The total amount allocated during the period and the portion allocated to each functional expense category. An NFP is also encouraged, but not required, to disclose the amount of joint costs for each kind of [joint activity](https://asc.understandingaccounting.org/glossary/j/#joint-activity "An activity that is part of the fundraising function and has elements of one or more other functions, such as program, management and general, membership development, or any other functional category used by the entity."), if practical. See Example 20 (paragraph [958-720-55-166](https://asc.understandingaccounting.org/asc/720/958/#720-958-55-166)) for illustrative disclosures. ### Services Received from Personnel of an Affiliate ##### [720-958-50-3](https://asc.understandingaccounting.org/asc/720/958/#720-958-50-3) Pending content: no Source downloaded (UTC): 2026-09-10T01:13:20.026Z to 2026-09-10T01:13:20.026Z Record version: sha256:0c9a06bd2daddf9cc5fffffacd9999b99ce295013bc8c1741bc682ebf50a1967 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The disclosures in Subtopic 850-10 shall be provided for services received by a [not-for-profit entity](https://asc.understandingaccounting.org/glossary/n/#not-for-profit-entity "An entity that possesses the following characteristics, in varying degrees, that distinguish it from a business entity: Contributions of significant amounts of resources from resource providers who do not expect commensurate or proportionate pecuniary return Operating purposes other than to provide goods or services at a profit Absence of ownership interests like those of business entities. Entities that clearly fall outside this definition include the following: All investor-owned entities Entities that provide dividends, lower costs, or other economic benefits directly and proportionately to their owners, members, or participants, such as mutual insurance entities, credit unions, farm and rural electric cooperatives, and employee benefit plans.") (NFP) from personnel of an [affiliate](https://asc.understandingaccounting.org/glossary/a/#affiliate "A party that, directly or indirectly through one or more intermediaries, controls, is controlled by, or is under common control with an entity. See Control.").