Governmental Finance - Cultural Facilities

Nonprofit organizations that qualify as 501(c)(3) organizations under the Internal Revenue Code may finance certain cultural facilities with tax-exempt bonds and thereby reduce their borrowing costs. These facilities include:
  • Museums
  • Aquariums
  • Botanical gardens
  • Libraries
  • Performing arts centers
  • Historical facilities
  • Scientific facilities
  • Administrative offices
Barnes & Thornburg LLP has represented nonprofit organizations in financing a variety of cultural facilities with tax-exempt bonds.

For more information
Neal W. Steinbart
Partner
neal.steinbart@BTLaw.com
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