Pennsylvania Educational Improvement Tax Credit

The Commonwealth of Pennsylvania created the Educational Improvement Tax Credit (EITC) Program to stimulate giving to innovative educational organizations. Qualified businesses and individuals can earn significant tax credits equal to 75% – 90% of its contributions to approved Educational Improvement Organizations. ArtSmart is approved as an Educational Improvement Organization (EIO) and is eligible to receive EITC contributions. If you would like to give to ArtSmart through your business’s Educational Improvement Tax Credit, please contact Erin Alcorn at erin@artsmart.org.
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Does my business qualify?

To learn if your business qualifies for EITC, you can reach out to your accountant or the PA Department of Community and Economic Development. Businesses in Pennsylvania that pay any of the following taxes are eligible to apply for EITC credits:

  • Personal Income Tax
  • Capital Stock/Foreign Franchise Tax
  • Corporate Net Income Tax
  • Bank Shares Tax
  • Title Insurance & Trust Company Shares Tax
  • Insurance Premium Tax (excluding surplus lines, unauthorized, domestic/foreign marine)
  • Mutual Thrift Tax
  • Malt Beverage Tax
  • Retaliatory Fees under section 212 of the Insurance Company Law of 1921

You can learn more about the application process for receiving EITC here. If you plan to seek EITC approval for your business, reach out to Erin Alcorn at erin@artsmart.org to be added to our EITC outreach list to keep up to date with our education programs. Once approved, it’s simple to make your gift to ArtSmart’s EITC-approved Educational Programs.

What if I don’t own a business?

You may still qualify! ArtSmart donors can receive a PA state tax credit up to 90% of their tax liability from EITC by contributing through our fundraising partner, Friends of Education LLC. You may be eligible for a tax credit from EITC if:

  • You are employed by a business firm with physical presence in Pennsylvania.
  • You own one or more shares in a business firm with physical presence in Pennsylvania.
  • You file taxes jointly with your spouse who owns shares of or is employed by a business firm with physical presence in Pennsylvania.

Interested in learning more? Click the button below or email info@pataxcredits.org to see if you’re eligible to make an EITC gift!

Friends of Education