The Contemporary Austin
The Contemporary Austin
Mission Statement
The Contemporary Austin reflects the spectrum of contemporary art through exhibitions, commissions, education, and the collection.
Why Donate Crypto to The Contemporary Austin?
The Contemporary Austin is committed to inspiring our community through experiences with contemporary art. Join our family of givers to contribute critically to our work in the Austin community.
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.
TAX ID: 74-1233816
Organization Type USA: 501(c)3
Location: USA
Cryptocurrency Accepted
Other Ways to Support This Charity
Mission Statement
The Contemporary Austin reflects the spectrum of contemporary art through exhibitions, commissions, education, and the collection.
Why Donate Crypto to The Contemporary Austin?
The Contemporary Austin is committed to inspiring our community through experiences with contemporary art. Join our family of givers to contribute critically to our work in the Austin community.
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://thecontemporaryaustin.org/
TAX ID: 74-1233816
Organization Type USA: 501(c)3
Location: USA
