It's official...in September 2019, ArtPark Studios received its Public Charity status with the Internal Revenue Service.
Thanks to Latham & Watkins, LLP and Blazek & Vetterling for the legal work and accounting advice that helped us get our charitable status.
Effective June 2018, donors may deduct contributions made to ArtPark under IRC Section 170. As a Public Charity, we are now able to receive tax deductible bequests, devices, transfers or gifts under Section 2055, 2106, or 2522.
Comments