The Oregon Cultural Trust
What Does the Expiring Tax Credit Mean for Central Oregon?
by RENEE PATRICK Cascade A&E Editor
“I think the tax credit - the mechanism of the trust - is one of the most brilliant models in this country for funding arts and culture. I have always found the Oregon Cultural Trust really easy to work with, it’s wonderful for a county outside of the Willamette valley to have a connection to the state capitol and the state. I think it can be very effective in pulling all the state cultural organizations together.” – Cate O’Hagan
In October the Oregon Cultural Trust (OCT) celebrated ten years of supporting the arts, heritage and humanities throughout Oregon. An organization created around the principles of increasing the appreciation of our state’s cultural assets, the ten years have resulted in $25 million raised, over $11 million disbursed in grants to over 800 programs directly and an additional 1,900 projects through cultural coalitions throughout the state. The Trust has built an endowment of nearly $15.5 million, and has a goal of reaching $200 million to secure sustainable funding for Oregon’s future.
The tax credit is due to expire at the end of 2013. In 2013 Oregon legislators will be deciding not only the fate of the OCT, but also the thousands of cultural non-profits which receive funds each year for community enriching projects.
To better understand what an expiring tax credit would mean, it is necessary to look to the roots of this organization and the impact the grants, support and collaborations have had in the state and Central Oregon.
Artists’ Gallery Sunriver - Azillion Beads - Bendistillery/Crater Lake Vodka - Bend d’Vine Chocolate Café & Wine Bar - Bend Factory Stores - The Cozy Lamb - Enhancement Center - Deschutes Gift Company - Desperado Contemporary & Nostalgic Western Store - Kay Larkin Photography - High Desert Museum Silver Sage Trading Store - Lillian Pitt - Pono Farm & Fine Meats - Red Chair Gallery - Savory Spice Shop - Sisters Drug & Gift - Summer Lake Hot Springs - The Museum at Warm Springs - The Phoenix - The Silver Otter - Tumalo Art Co. - TAW Gallery, LLC - Wicker Restoration - Twigs Home & Garden