Since the clubs of Missouri State operate with a social, recreational, charitable or educational purpose, your club may be eligible for tax-exempt status as a 501 (c) organization with the government.  There are various exemption requirements based on your category of organization.  You need to determine the appropriate requirements for exemption based on your own organization.  For more information about the process for receiving exemption from federal tax, please see their website at http://www.irs.ustreas.gov/prod/bus_info/eo/index.html.