Richard Spencer's white nationalist nonprofit, the National Policy Institute, was stripped of its tax-exempt status by the IRS for failing to file tax returns with the federal government, the Los Angeles Times reported Monday.
“I don’t know what to say. I don’t want to make a comment because I don’t understand this stuff,” Spencer told the Times. “It’s a bit embarrassing, but it’s not good. We’ll figure it out.”
Spencer said he was led to believe he didn't have to file federal tax returns due to an IRS error, and plans to appeal the loss of the tax-exempt status. The error, Spencer said, was that his group had been misclassified by the IRS and listed as not being required file the necessary tax forms.
Under Spencer's leadership, the group stopped filing tax returns with the IRS after 2012.
The institute is also running into issues over whether it filed the proper fundraising paperwork, the Times reported, and whether it broke federal laws forbidding nonprofits from endorsing or opposing political candidates.
Spencer and the National Policy Institute raised money to support Donald TrumpDonald TrumpCaitlyn Jenner: 'I would seriously look at a run' for office Priebus: Syria, China moves part of 'Trump Doctrine' Poll: Most millennials disapprove of Trump MORE's presidential campaign and spoke against Democratic nominee Hillary ClintonHillary Rodham ClintonPoll: Nearly 4 in 10 believe Trump campaign helped Russia meddle in election Dems crowd primaries to challenge GOP reps Dem: Pruitt violating anti-campaigning law with GOP fundraiser MORE during the race.
During one conference in November, Spencer led chants of "Hail Trump." Spencer told another crowd at a conference put on by the National Policy Institute, “We willed Donald Trump into office, made this dream into reality.”
The National Policy Institute is a white supremacist think-tank based in Arlington, Va. Its website says it is “dedicated to the heritage, identity, and future of people of European descent in the United States, and around the world.”