Update from The Center

May 30, 2019 by Anne Bradley

Center for the Arts announced today that the Internal Revenue Service has revoked its tax- exempt status under Section 501(c)(3) of the Internal Revenue Code. The IRS posted this information on March 11, 2019. While The Center believes all of its annual informational returns have been filed on time, the IRS does not have all the returns on file, and IRS policy is to automatically revoke exemption for organizations that fail to file for three consecutive years. As soon as The Center became aware of the revocation, it began to work diligently with accountants and legal counsel to reinstate its tax-exempt status.

The Center is also implementing a rigorous new system of oversight to ensure that future returns are filed on time. The process of reinstatement generally takes several months. In the meantime, The Center is deeply grateful to the Community Foundation of Jackson Hole, which has agreed to establish a designated fund that will handle all gifts and grants to The Center until the IRS officially reinstates its tax-exempt status.

"The Center takes its mission and its many stakeholders very seriously. We are working hard to restore our appropriate tax-exempt status as soon as possible. With the support of the Community Foundation, it is business as usual for all of our programs and productions. The Center will continue to operate as a vibrant hub of our creative community," said David J. Rothman, Center President and CEO.

Katharine Conover, President of Community Foundation of Jackson Hole said, "The Center is such an important part of our community, and The Community Foundation is pleased to be able to support their mission in this capacity."

The Center’s tax status has no impact on the resident organizations that lease space from The Center. The resident organizations are independent nonprofits whose tax filings are entirely separate and unaffected by The Center’s IRS status.



General Questions:
David J. Rothman, President / CEO
307-734-8956
davidrothman@jhcenterforthearts.org

Donation Questions:
Anne Ladd, Development Director
307-734-8956 x131
anneladd@jhcenterforthearts.org

Media Contact:
Anne Bradley
307-734-8956 x127
anne@jhcenterforthearts.org