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Our Mission:

We are a not-for-profit performing arts center who presents and produces a wide variety of quality performing arts, advances arts education and creates a neighborhood that is a superior destination for entertainment, business and residential living, thereby strengthening the economic vitality of the region.

The Stage

Presenting and producing a variety of the finest entertainment for the betterment of the community. more

Arts Education

A national leader in engaging the community through enriching experiences in the performing arts. more

Area Development

A major area developer creating a vibrant destination and economically-strong neighborhood. more

Not-for-Profit

Performing Arts Center

A not-for-profit that must raise over $4 million dollars annually to continue improving the region's quality of life. more

Charitable Gift Annuity (A Life Income Gift)

One example of a “life income gift” is a Charitable Gift Annuity, which is a simple contract between you and Playhouse Square. The Charitable Gift Annuity works like this:

In exchange for your irrevocable gift of cash or other assets, Playhouse Square agrees to pay you (or you and one other person) a fixed income each year of your life. The payments are guaranteed and are not affected by the ups and downs of the economy. Payout rates are based on your date of birth.

A Charitable Gift Annuity is appropriate for individuals aged 60 and older. For those individuals under age 60, we recommend a Deferred Charitable Gift Annuity. (Contact Playhouse Square for specific information about a Deferred Charitable Gift Annuity.) 

A minimum gift of $10,000 is required to participate.

For more information, Click on the subject below


How do I benefit?

  • Fixed payments for the rest of your life
  • Payments are not affected by the ups and downs of the economy
  • An immediate charitable income tax deduction for a portion of your gift
  • Part of your annual income is tax-free
  • Possible reduction in estate taxes
  • Reduction in capital gains taxes if stock is used to create your annuity
  • Recognition through Playhouse Square’s legacy society (The Muse Society)
  • Invitation to an annual recognition event

Step-by-Step Example of a Charitable Gift Annuity for an Individual Aged 70

  1. You transfer $10,000 to Playhouse Square to establish a Charitable Gift Annuity.
  2. The gift annuity pays a FIXED and GUARANTEED income at 5.1% for life.
  3. You receive an annual payment of $510, a portion of which is tax-free.
  4. You receive a one-time federal income tax deduction in the year of your gift.

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Payout Rate Chart

 

This chart reflects estimated yields and deductions. We encourage you to consult your personal financial planner regarding exact tax benefits.PlannedGivingchart12.jpg

Request a confidential proposal or information


Understanding your options with charitable gift annuities is step number one. If you would like to receive a confidential proposal designed specifically for you, please click here to contact us.