No tax shall be imposed under the authority of this Chapter on bingo or amusement games when such activities, or any combination thereof, are conducted by any bona fide charitable or nonprofit organization as defined in this Chapter, which organization has no paid operating or management personnel and has gross receipts from bingo or amusement games, or a combination thereof, not exceeding $5,000.00 per year, less the amount awarded as cash or merchandise prizes.

No tax shall be imposed under the authority of this Chapter on raffles on the first $10,000.00 of gross receipts, less the amount awarded as cash or merchandise prizes from raffles conducted by any bona fide charitable or nonprofit organization as defined in this Chapter.