Orchestras, like many other charitable organizations, are able to serve communities by virtue of their tax exempt status and the deductibility of private donations. Policymakers can increase charitable giving by improving tax incentives such as the IRA Charitable Rollover. Congress should also protect our cultural heritage by permitting artists, writers, and composers to take a fair market deduction for contributions of their own works to museums, libraries and archives. As Congress and the IRS intensify their focus on new accountability requirements for nonprofit governance and administration, the orchestras continues to work in coalition with the greater nonprofit community to weigh in on proposed new rules and regulations.
Contacting Congress is simple and will make a difference. View the issue briefs below, then click on the link below to send your message to Congress.
CONTACT CONGRESS ON THE LATEST TAX POLICY ACTION!
ISSUE BRIEFS
The links below provide the essential background and talking points to inform your communications with policymakers.
KEY DEVELOPMENTS
Support the IRA Charitable Rollover