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Lux Art Institute

Lux Art Institute

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Mission Statement

Lux Art Institute is redefining the museum experience to make art more accessible and personally meaningful.

At Lux, you don’t simply see finished works of art
you see the artistic process firsthand, observing internationally recognized artists in a working studio environment. Lux education programs support community in developing a creative voice through exploration, experimentation, and discovery.

MERGING SOON IN SEPTEMBER: Lux Art Institute will merge with the San Diego Art Institute to become the new Institute of Contemporary Art San Diego!!!

Why Donate Bitcoin to Lux Art Institute?

The soon-to-be ICA San Diego will address current issues and trends facing our society today through the power of art– there is nothing more relevant than the cryptocurrency/NFT revolution happening right now.

ICA San Diego has an opportunity to show our stance in this field as an early adopter of accepting donations of cryptocurrency, not only to receive the financial benefits but also to inform, educate, question and bring to the forefront a trend that our community is intrigued by.

Save on your Taxes by Donating Crypto

Why Donate Crypto Directly? Taxes!

There’s a reason high net worth individuals tend to donate property instead of cash. Donating cryptocurrency directly to a 501c3 nonprofit is more tax efficient and can save you money.

The IRS classifies cryptocurrency as property for tax purposes which means it is typically the most tax efficient way to support your favorite cause. When donating crypto, You receive a tax deduction for the fair market value of the crypto, and you avoid the capital gains tax you would have incurred if you had sold the crypto and then made a donation. That means you’re able to donate more, as well as deduct more on your tax return. The difference? Sometimes more than 30%.

If you provide an email, you will automatically receive a tax receipt after donating.

Website: https://www.luxartinstitute.org/

TAX ID: 33-0802336

Organization Type USA: 501(c)3

Location: USA

Mission Statement

Lux Art Institute is redefining the museum experience to make art more accessible and personally meaningful.

At Lux, you don’t simply see finished works of art
you see the artistic process firsthand, observing internationally recognized artists in a working studio environment. Lux education programs support community in developing a creative voice through exploration, experimentation, and discovery.

MERGING SOON IN SEPTEMBER: Lux Art Institute will merge with the San Diego Art Institute to become the new Institute of Contemporary Art San Diego!!!

Why Donate Bitcoin to Lux Art Institute?

The soon-to-be ICA San Diego will address current issues and trends facing our society today through the power of art– there is nothing more relevant than the cryptocurrency/NFT revolution happening right now.

ICA San Diego has an opportunity to show our stance in this field as an early adopter of accepting donations of cryptocurrency, not only to receive the financial benefits but also to inform, educate, question and bring to the forefront a trend that our community is intrigued by.

Save on your Taxes by Donating Crypto

Why Donate Crypto Directly? Taxes!

There’s a reason high net worth individuals tend to donate property instead of cash. Donating cryptocurrency directly to a 501c3 nonprofit is more tax efficient and can save you money.

The IRS classifies cryptocurrency as property for tax purposes which means it is typically the most tax efficient way to support your favorite cause. When donating crypto, You receive a tax deduction for the fair market value of the crypto, and you avoid the capital gains tax you would have incurred if you had sold the crypto and then made a donation. That means you’re able to donate more, as well as deduct more on your tax return. The difference? Sometimes more than 30%.

If you provide an email, you will automatically receive a tax receipt after donating.

Website: https://www.luxartinstitute.org/

TAX ID: 33-0802336

Organization Type USA: 501(c)3

Location: USA

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