Benefits of Giving

Learn the benefits of donating to Lifeline Theatre!

Your charitable gift to Lifeline Theatre allows us to produce our “Big Stories, Up Close,” to make a difference at our local elementary schools, to expand our accessibility programming, and to deepen our impact in the community… but it can also reduce your annual income tax!

Please take the time to learn about the benefits of making a tax deductible donation and don’t hesitate to contact us with any questions.

Cash Gifts are Tax-Deductible

As a qualified not-for-profit charitable organization, cash donations to Lifeline Theatre are tax deductible. There are no limits on charitable contributions for most taxpayers and most can deduct cash contributions in full up to 50% of their adjusted gross income.

To deduct a charitable contribution, you must file a Form 1040 and itemize deductions on a Schedule A form.

Gifts are Deductible in the Year they are Made

Gifts to Lifeline are considered paid when you put the check in the mail, or when it is charged to your credit card (not when you pay the credit card company). Make sure that your donation is made by December 31 so that it counts toward the year you plan to claim a deduction.

For more information…

Talk to Your Advisor

When making a gift to the Lifeline, you can have your CPA, attorney, or other advisor help you better understand the impact of your gift on your income tax return and estate.

Contact our Development Office

If you have questions or would like to learn about the benefits of charitable giving, please contact Ilesa Duncan, Artistic Director, at 773.761.4477 or ilesa@lifelinetheatre.com.