Tuesday, February 18, 2014
Center for the Future of Museums: Monday Musings: What Price Nonprofit?: All of which raises a disturbing prospect of how long theaters can flirt with having their tax-exempt cake and eating it, too. I find this story disturbingly reminiscent of the way in which nonprofit hospitals (among the largest recipients of charitable donations) are increasingly coming into question for behaving in ways indistinguishable from for-profit hospitals. This has led to practical consequences such as the City of Pittsburgh challenging the tax-exempt status of the University of Pittsburgh Medical Center, which in turn prompted legislation currently waiting voter approval that would give Pennsylvania the power to determine tax status, shielding nonpos from cash-strapped municipalities scrambling to find funds.