Twilight Theatre Scrap Book
P.O. Box 811 Greensburg, KS
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Kansas Tax Credits
The Twilight Theatre has been granted 250,000 in 70% tax credits from the Kansas Dept of Commerce. These tax credits will produce $357,000 for the theatre renovation project which includes an endowment to keep it functioning for future generations.
What are tax credits? Kansas Tax Credits allow you to substantially reduce the cost of making a donation to the theatre. The tax credit program lets you control where your state tax dollars go.
Who is eligible to purchase state tax credits? If you or your business pays Kansas state tax... you can utilize these tax credits!
To receive a tax credit, you and/or your business must contribute $250 or more to the Twilight Theatre Inc. You will receive state tax credits worth 70% of your total contribution (a contribution of $1000 would receive $700 of state tax credits.)
Tax credits apply to the year in which you make the contribution. To receive tax credits in 2006 you must donate by Dec. 31, 2006 and likewise 2007.
You will receive a refund from the state if the value of your state tax credits exceeds your state tax liability. You may get a tax deduction for the full amount of your contribution on your federal income tax. Talk with your tax adviser about how these state tax credits can benefit you.
The Twilight Theatre has been granted 250,000 in 70% tax credits from the Kansas Dept of Commerce. These tax credits will produce $357,000 for the theatre renovation project which includes an endowment to keep it functioning for future generations.
What are tax credits? Kansas Tax Credits allow you to substantially reduce the cost of making a donation to the theatre. The tax credit program lets you control where your state tax dollars go.
Who is eligible to purchase state tax credits? If you or your business pays Kansas state tax... you can utilize these tax credits!
To receive a tax credit, you and/or your business must contribute $250 or more to the Twilight Theatre Inc. You will receive state tax credits worth 70% of your total contribution (a contribution of $1000 would receive $700 of state tax credits.)
Tax credits apply to the year in which you make the contribution. To receive tax credits in 2006 you must donate by Dec. 31, 2006 and likewise 2007.
You will receive a refund from the state if the value of your state tax credits exceeds your state tax liability. You may get a tax deduction for the full amount of your contribution on your federal income tax. Talk with your tax adviser about how these state tax credits can benefit you.
Twilight Theatre INC
P.O. Box 811
Greensburg, KS 67054
P.O. Box 811
Greensburg, KS 67054
Planned Project Upgrades
New Heating and AC system
Renovate and expand restrooms (ADA compliant)
Renovate Theatre Seating
Retractable Screen to better utilize the stage for live performances
Improve Sound System
Electrical system
Endowment
New Heating and AC system
Renovate and expand restrooms (ADA compliant)
Renovate Theatre Seating
Retractable Screen to better utilize the stage for live performances
Improve Sound System
Electrical system
Endowment
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