For donors
Help
Opera Theatre in Latvia to be reborn!
“He who does good to others does even more good to himself – not in the sense that there is a reward, but in the sense that the knowledge that a good deed has been done brings great joy in itself.”
– Seneca
Support Operetta Theatre
with a Donation
When donating to the Latvian Operetta Foundation, individuals and companies are entitled to an income tax credit in accordance with the Corporate Income Tax Act. The Foundation has been granted the status of a Public Benefit Organisation in the fields of charity and cultural promotion, which entitles it to receive donations and the donor to tax deductions.
| Foundation | Latvijas operetes fonds |
|---|---|
| Registration No. | 40008212349 |
| Bank | A/S Swedbank |
| SWIFT | HABA LV22 |
| Account No. | LV30HABA0551037042807 |
Why donate?
The need for a positive artistic message
Now more than ever, people in Latvia need a positive message and a message of art encoded in the genre of operetta.
A chance to restore what has been lost
Since 1995, when the Riga Musical Theatre closed, operetta has not been available in Latvia in its full form. You can be part of the historical process!
An opportunity for artistic enjoyment
With your support, we can realise high quality productions, promote the professional development of artists and attract outstanding artists.
Making new friends and partners
The Latvian Operetta Foundation and the Operetta and Musical Theatre Society bring together almost 100 members with similar interests and values.
Social responsibility
Opening up the Opera House to socially vulnerable groups – children, pensioners, low-income people and people with disabilities.
Promoting the tradition of philanthropy
Your donation contributes to the tradition of cultural and artistic patronage in Latvia and helps to establish a professional operetta theatre.
What will the donation be used for?
- For the purposeful artistic development of soloists, dancers, choir and orchestra
- For the production of sets, scenery and props
- For the purchase of costumes, fabrics and trimmings for productions
- For transport and logistics costs
- For payment of sheet music rental
- For payment of room rent
- Latvian composers for the creation of new works for the stage
- To pay for advertising
- For the preparation of youth education projects
- For the purchase of sound and light equipment
- For building the theatre's material and technical base and for finding premises
Tax incentives
For legal persons
Businesses can reduce tax in three ways (by choosing just one of the reliefs):
- Exclude donations up to 5% of the previous year’s profit from the taxable amount
- Exclude donations of up to 2% of salary from the taxable amount
- Reduce the UIT on dividends by 75-85% of the amount donated
For individuals
Donations from individuals are eligible expenses that can be deducted from annual taxable income. Total eligible expenses may not exceed 50% of taxable income, up to a maximum of EUR 600.