Tax Credit Scholarships for Arizona Arts Students!
Dear Friends of Arizona Arts Academy,
Arizona Arts Academy is a small private school in Cochise County of Southern Arizona. We believe that if children feel loved and safe the learning will naturally follow. We specialize in working with students who cannot thrive in a traditional classroom setting. Often working with neurodivergent students. Our special campus allows for many unique learning experiences.
Through the Arizona tax credit programs, individuals and business can support our students in easing the financial burden and helping us fulfill our mission. Your net cost is zero, but the impact on our students is priceless—a true win-win! When you contribute to STO4KIDZ, every dollar comes back to you as a tax credit, directly reducing your Arizona tax.
Since this provides a dollar-for-dollar tax credit against your state tax obligations, it won't affect your finances or other charitable donations. In essence, the cost to you and/or your company is zero, but it means the world to a child.
T~ This link to the Arizona Department of Revenue (ADOR) provide Information on Corporate, Insurance Company and Individual Tax Credit Contributions to School Tuition Organizations.~
A) CORPORATE TAX CREDIT:
'C' and 'S' corporations, and Insurance companies with Arizona tax or premium tax liability, can redirect up to 100% of their tax to School Tuition Organization 4 Kidz (STO4KIDZ), (a state certified School Tuition Organization), and receive a dollar-for-dollar tax credit. Company does not have to be based in Arizona, provided it pays Arizona tax liability. (A.R.S. 43-1183 & A.R.S. 43-1184)
- Corporate Tax Credit Fact Sheet [Here], or visit STO4KIDZ.org for detail.
- Submit your Commitment Form [Here] to take the Corporate Tax credit.
- This Link provide additional support regarding the Corporate Tax Credit program.
B) PERSONAL TAX CREDIT:
This is income taxes we all have to pay. If you contribute by April 15 (or the IRS-designated date), you can claim your dollar-for-dollar tax credit, even if you file for an extension. (ARS 43-1089) & (ARS 43-1089.03)
When you file your 2024 or 2025 taxes, you can deduct your contribution from your Arizona state tax liability. This means if you owe taxes, your balance due will be reduced by the amount you contributed. If you're expecting a refund, your refund will increase by the same amount.
- To make a personal tax credit contribution [Click Here], You will be directed to STO4KIDZ donor form, where you can select and recommend "Arizona Arts Academy Students" as the Recommended Students, and "Arizona Arts Academy" as the Private School.
STO4KIDZ provide you a tax receipt with instruction on how to claim your credits. If you have questions, please check out the videos below or call us. This link also provide additional support about the Personal Tax Credit program.
Thank you for your consideration.
Arizona Arts Academy - Darci Richardson 520.210.5400
STO4KIDZ - Miriam Antolik: 602.698.8855 I 480.823.8052
