Voluntary Tax Check Off Donations More Than Double from Previous Month
Even stronger showing hoped for in April.
The Franchise Tax Board has just released new figures for Voluntary Contributions for March. Statistics show that contributions to the "Arts Council Fund" were over $51,000 in March with more than 5,500 donors. Totals for the 2010 tax year thus far: over $77,000 donated by more than 8,800 state tax filers. The California Arts Council anticipates a larger bump in April: past records from other Voluntary Contribution beneficiary groups show that April is the most active month, due in large part to the tax return deadline. This is the first year for the California Arts Council to participate.
Background: The Arts Council was included on the 2010 "Voluntary Contribution" portion of the FTB tax return after the passage of SB 1076 in 2009 by Senator Curren Price. The 2010 tax return form from the Franchise Tax Board (FTB) allows California taxpayers to contribute part of their personal income tax refund to the California Arts Council and its arts programs for children and communities. Individuals may make tax-deductible contributions in amounts of $1 or more. Funds will be used for efforts to advance the arts and arts education, with no funding going to administrative expenses. For more information, see: http://www.cac.ca.gov/files/checkoff.php