Hi. I'm looking for some advice on my situation. I am clueless, and basically, I need somebody to tell me what to do
I run a small website that charges a membership fee for access. Members who pay the fee get access to a database of rare photographs that I collect. It's a hobby of mine. I purchase these photos, and do not take them myself.
I make around $10,000 a year in memberships, +/- $2,000.
Every cent of the money I make from memberships goes back into purchasing more photographs, which are put on the site. I spend probably $30,000/year on photographs, so the purpose of the site obviously isn't to profit, it's more to help cover some of my costs and at the same time, share the photos with others who are interested. I have no employees.
My question is, do I need a business license? Could I qualify as a non-profit entity? There is an educational aspect to the site, it's sort of an online museum. I want to do everything that is required by law, and everything that is required to run a legit website, but I really don't know where to start, and what is even required of me in this situation.
Any advice or other tips? Something to get me pointed in the right direction? Thanks.