As a 501(c)(3) not-for-profit organization, we depend upon the contributions of many individuals and organizations in our community whose gifts allow us to create transformative experiences both on and off the stage.
It is a privilege to produce theatre for our thoughtful and engaged audiences, as you challenge us to do better, think deeper, and laugh louder. In turn, we hope that we inspire you to do the same.
By making a gift today, you are supporting our mission to produce transformational high-quality theatre, foster local artists, and engage our community with outreach and education programs for students across central Ohio.
OTHER WAYS TO GIVE
2025 End-Of-Year Tax Law Changes
7 Things You Need to Know
Changes to the tax code beginning January 1, 2026, could affect how—and when—you choose to give to The Contemporary and other nonprofits.
What’s new:
- Tax benefit for non-itemizers
 Even if you don’t itemize, you can deduct up to $1,000 (single filers) or $2,000 (married couples). So even smaller donations can make an impact. Note: Gifts to donor advised funds are excluded.
- New floor for itemizers
 You will need to give at least 0.5% of your adjusted gross income (AGI) to claim a charitable deduction. Consider maximizing your giving in 2025 before the new rule takes effect.
- New limit for top earners
 Currently, top earners get a 37-cent tax benefit for every $1 deducted. Starting in 2026, that drops to 35 cents. If you are in the top tax bracket, consider giving more this year to avoid losing tax benefits next year.
What stays:
- Income tax brackets
 The new law permanently extends the current tax rates.
- Standard deduction
 For 2025, it will be $15,750 for single filers and $31,500 for married couples filing jointly. If you don’t itemize, you may still benefit if you give appreciated stock, real estate, or, if you are 70½ or older, from your IRA.
- Deduction limit for cash gifts
 You can still deduct cash gifts of up to 60% of your AGI. Consider combining your cash and non-cash assets (often called blended giving) to maximize your tax benefits and impact.
- Estate and gift tax exemption
 It will increase to $15 million per individual and $30 million per married couple filing jointly. Your estate is likely under this amount, so focus on current giving to receive tax benefits.
Courtesy: Ohio Wesleyan University and Families Flourish





