At a Glance: Nonprofit and Artist Tax Policies
Orchestras, in close partnership with the broader nonprofit community, seek to protect and improve incentives for charitable giving. As Congress considers follow-up to tax reform, and as policy leaders intensify their focus on potential new regulations for nonprofit governance, administration, and demonstrating community benefit, the League makes the case for orchestras’ public impact.
We urge Congress and the White House to increase the capacity of nonprofit organizations to serve community expanding charitable giving incentives for all taxpayers, including the universal charitable deduction. Congress can also increase the scope and value of charitable donations by supporting the Legacy IRA Act and the Artist-Museum Partnership Act, and can support the creative workforce by supporting the Qualified Performing Artist Tax Deduction (H.R.4750) and the Performing Artist Tax Parity Act of 2021 (S.2872), and reinstating the deduction for unreimbursed business expenses.
Raising your voice about key issues before Congress is essential. Contacting Congress is easy to do, and your communication with elected officials will ensure that communities nationwide continue to benefit from orchestral music.Show Your Support