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 Karine Manillier, Director of Corporate Relations for The Mann Center for the Performing Arts, 215-546-7900 ext 115.
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
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.