EDUCATIONAL IMPROVEMENT TAX CREDIT PROGRAM (EITC)

 
Image of Educational Improvement Tax Credits
Image of steps for the Educational Improvement Tax Credits

EDUCATIONAL IMPROVEMENT TAX CREDIT PROGRAM (EITC)

Bloomsburg Theatre Ensemble is proud to participate in Pennsylvania's Educational Improvement Tax Credit Program as an Educational Improvement Organization. EITC provides tax credits to eligible businesses that contribute to qualified arts education initiatives including Bloomsburg Theatre Ensemble’s Project Discovery or Theatre in the Classroom. For more information on how to participate in the EITC program, please 717.787.7120 or RA-EITC@pa.gov or visit www.newpa.com.

  • North Central Secure Treatment Unit is an after-school drama program we run with students at this facility in Danville. In our program we look to augment the language arts curriculum and build life skills through the medium of theatre and the critical thinking built through play analysis.

  • Theatre in the Classroom tours a rigorous curriculum based tour that goes to pre-schools through middle schools to utilize theatre to teach lessons ranging from science to history. Theatre in the Classroom has linked up with Young Audiences for the Arts in New Jersey to provide these shows to students as far ranging as Vermont and Maryland!

  • High School Theatre Workshop Day provides workshops for students at participating high school to engage with theatre all day!

  • The High School Theatre Co-Op program is structured to provide the students opportunities to expand their knowledge of technical theatre utilizing our production staff as their advisers and program supervisors.  Our primary supervisor is our Company Stage Manager, A’nie Kirchner, although they receive instruction and supervision from the professional designers and technician who Bloomsburg Theater Ensemble utilize for their professional Mainstage artistic programming.

All applications for the EITC program must be completed online. For guidelines, instructions, and to renew or apply for the first time, please visit the PA Department of Community and Economic Development’s (DCED) EITC website.

FAQs

Please visit the PA Department of Community and Economic Development’s (DCED) EITC website for full guidelines.

Who is eligible to participate? Entities eligible to apply for EITC are operating business firms authorized to do business in the Commonwealth of Pennsylvania that are subject to the following taxes: Personal Income Tax, Capital Stock/Foreign Franchise Tax, Corporate Net Income Tax, Bank Shares Tax, Title Insurance & Trust Company Shares Tax, Insurance Premiums Tax (excluding surplus lines, unauthorized, domestic/foreign marine), Mutual Thrift Tax, Malt Beverage Tax or Retaliatory Fees under Section 212 of the Insurance Company Law of 1912.

How do I get approved? All applications for the Educational Improvement Tax Credit Program must be completed and submitted online using DCED’s Single Application for Assistance which can be accessed at dced.pa.gov or www.esa.dced.state.pa.us. An eligible business firm that submits an application to the Department, and agrees to make a contribution to Bloomsburg Theatre Ensemble’s Project Discovery program shall be awarded Educational Improvement Tax Credits to the extent that such tax credits remain available for the fiscal year in which application is made.

Once approved, how much can my business donate? A business firm will be approved for a tax credit equal to 75% of its contribution(s) to listed organization(s), up to a maximum of $750,000 per taxable year. The tax credit may be increased to 90% of the contribution(s) made, up to a maximum of $750,000 per taxable year, if the business firm agrees at the time of application to provide the same amount of contribution for two consecutive tax years.

Once approved, when do I have to make my gift? Upon receipt of written notification from the DCED that the business firm has been approved for tax credits, the business firm must make its contribution to Bloomsburg Theatre Ensemble within 60 days of the date of the letter, and must provide proof of the contribution in the form of a written acknowledgment from the BTE (provided by BTE), to the Department within 90 days of the date of the approval letter.

Can I claim a charitable deduction for the difference between the tax credit amount and my gift? Yes, a business firm can claim a charitable deduction for the difference between the tax credit amount and the gift. For example, if you donate $5,000 to BTE’s Project Discovery program each year for two years, you receive a tax credit of $4,500 per year, plus the ability to claim $500 as a charitable deduction.

How much tax credit is available? The amount of tax credit given by the state of Pennsylvania is limited, and applications will be processed on a first-come, first served basis.

Questions?

For assistance with your application, please contact Patrick Derrickson, Director of Development, at 570.784.5530 or pderrickson@bte.org.