PA Education Improvement Tax Credit Program

Corporations paying tax to the Commonwealth of Pennsylvania may be eligible for the EITC program by making a contribution to the Mann Center’s education programs. All EITC dollars that are contributed to the Mann Center support our innovative education programs for inner city youth, Access the Arts, which reach over 50,000 underserved youth annually.

The Education Improvement Tax Credit Program (EITC) of the Department of Community and Economic Development (DCED) of the Commonwealth of Pennsylvania allows businesses to reduce their state tax liability – equal to 75% of your contribution to the Mann Center for one year, or 90% for a two year commitment.

Eligible tax liabilities against which credits may be applied include: Corporate Net Income Tax; Capital Stock Franchise Tax, Bank and Trust Company Shares Tax; Title Insurance Companies Shares Tax; Insurance Premiums Tax; Mutual Thrift Institution Tax; or Personal Income Tax of S corporation shareholders or Partnership partners.

To learn more about how you can participate in this program, please visit this information page, or contact Gail Hauptfuhrer, Director of Corporate and Foundation relations for The Mann Center for the Performing Arts, 215-546-7900 ext 151.

Process for EITC

• Visit the PA DCED EITC site via the link above.
   
• Under “Where to Apply”, click on “EITC Business Guidelines” to download application.
   
• Read Application packet carefully and fill out the form Appendix I-EIO. This form will be used to approve your business for tax credits. Applications for the program fiscal year (7/1/2010-6/30/2011) are now being accepted and are processed on a first come-first serve basis.
   
• Send application form to:
  Department of Community and Economic Development
  The Educational Improvement Tax Credit Program
  Center for Business Financing - Tax Credit Division
  400 North Street, 4th Floor
  Commonwealth Keystone Building
  Harrisburg, PA 17120-0225
  Telephone: (717) 787-7120
  Fax: (717) 772-3581
  E-mail: tknorr@state.pa.us

• After receiving written certification for tax credits from DCED, a contribution must be made to the Mann’s education programs within 60 days.
   
• The Mann Center will confirm receipt of your contribution for our education programs in writing.
   
• Submit letter from the Mann Center to the DCED. Upon receiving this letter, DCED will notify the Department of Revenue to provide the tax credit to your business.