Nev. Rev. Stat. § 361.135 — Exemptions of certain lodges, societies and similar charitable or benevolent organizations

NRS  361.135    Exemptions of certain lodges, societies and similar charitable
or benevolent organizations.
1.  The funds, furniture, paraphernalia and
regalia owned by any lodge of the Benevolent Protective Order of Elks,
Fraternal Order of Eagles, Free and Accepted Masons, Independent Order of Odd
Fellows, Knights of Pythias or Knights of Columbus, or by any similar charitable
organization, or by the Lahontan Audubon Society, the National Audubon Society,
Inc., of New York, the Defenders of Wildlife of the District of Columbia or any
similar benevolent or charitable society, so long as they are used for the
legitimate purposes of such lodge or society or for such charitable or
benevolent purposes, are exempt from taxation.
2.  The real estate and fixtures of any
such organization or society are exempt from taxation, but when any such
property is used for purposes other than those of such organization or society,
and a rent or other valuable consideration is received for its use, the
property so used must be taxed.
3.  Where any structure or parcel of land
is used partly for the purposes of such organization or society and partly for
rental purposes, the area used for rental purposes must be assessed separately
and that portion only may be taxed.