Artists Tax Deduction Bill
After many years of discussion, Congress is proposing a tax change that would allow artists to deduct the value of their artwork when contributed rather than the cost of materials. For more information on this, click here.
Nationally, public sector investment in the arts generates a financial
return of more than 8-to-1: while local, state and federal governments
collectively spend approximately $3 billion in support of the arts,
the nonprofit arts industry in turn generates $24.4 billion in federal,
state and local government revenues.
If you are interested in advocating for public support for the arts
at the national level, learn more about what is being done and what
can you do at the following sites:
Americans for the Arts Action Fund: The Arts Action
Fund is a 501(c)(4) nonprofit membership organization created by Americans
for the Arts, the nation’s leading 501(c)(3) tax-exempt nonprofit
organization for advancing arts in America. Launched on October 4, 2004,
it seeks to engage citizens in education and advocacy in support of
the arts and arts education. The Arts Action Fund’s goal is to
enlist and mobilize 100,000 citizen activists who will help ensure that
arts-friendly public policies are adopted at the federal, state, and
local levels, and public and private resources are maximized.
To learn more about this organization or join its efforts, visit www.artsactionfund.org.
Arts Education Partnership: AEP is a national coalition
of arts, education, business, philanthropic and government organizations
that demonstrate and promote the essential role of the arts in the learning
and development of every child and in the improvement of America's schools.
To learn more about the value of the arts in education and what you
can do to increase arts in the schools, please visit:
www.aep-arts.org
Crayola Corporation: A longtime partner and supporter
of the arts, the makers of everyone’s favorite color crayons (and
myriad other arts products) are strong supporters and advocates for
the arts and arts education.
Visit their website at www.crayola.com/educators/advocacy/index.cfm
to read about why it is important to support the arts.
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