Nonprofit Resources


Cell Phone Tower Rental and UBIT: Data from Our Annual Survey

For our annual Higher Education Tax Reporting Trends Project, we survey colleges, universities, and seminaries across the U.S. on key higher education tax issues.

This year’s edition includes data from four weekly email mini-surveys, which averaged 153 responses per week.

One of the questions in this year’s survey was “Does your institution receive rental income from space on any communications towers or equipment?” One-third (33.99%) of our respondents answered yes.

We included this question because cell phone tower rental income continues to be a tricky, confusing topic when it comes to unrelated business income tax (UBIT). In fact, there were at least three separate discussions about this at the 2017 NACUBO Unrelated Business Income Tax Conference in Seattle last February.

Download your free copy of the 2017 Higher Education Tax Reporting Trends Project for more on this subject, along with other key statistics.

Our team of experts can help you with Unrelated Business Income Tax Studies or a wide range of higher education services. Please contact us to discuss your specific needs.

Dave Moja

Dave serves as Partner and is dedicated to meeting client needs in the exempt organization tax arena through review of client returns, consulting engagements, training, and the compilation of the annual CapinCrouse Higher Education Tax Reporting Trends Project. He has 30 years of accounting experience and serves several industry committees, including the AICPA Not-for-Profit Advisory Council. Dave has also served on the IRS Advisory Committee on Tax Exempt and Government Entities (ACT).

Leave a Comment