Thursday, June 17, 2021

We Launched Crypto Campaign to fund the first kids performance of Spongebob - livestream from Hawaii Theatre

Show your love for the arts and help Hawaii Theatre continue to entertain audiences, educate Hawaii’s youth and make a difference in the community. Ticket sales and Theatre usage fees are not sufficient to keep our historic venue in operation. We rely on supporters like you to help make up the difference.

The Hawaii Theatre Center has launched a campaign to raise $10,000 in crypto currency to underwrite a performance of the premiere of The Spongebob Musical on stage at the historic venue this July. The Theatre’s Summer Intensive Theatre Camp presented in partnership with the Pacific Academy of Performing Arts works to bring youth to the big stage, while teaching them important life skills like self-confidence, independence, music, acting and public speaking. “This will be the first time a public livestreamed performance has been fully funded by crypto, not only in Hawaii, but nationally,” shared Mr. Dunn. “We’re looking for other crypto trailblazers to join us in showing the power of philanthropy in supporting youth in the arts. In the state of Hawaii, less than 3% of all charitable giving supports arts organizations. We’re looking to crypto as a way to amp that number up.”

The theatre has suffered financially as a result of the prolonged COVID-19 related shutdown, and by accepting crypto donations, the organization hopes to welcome donors who are seeking ways to do good through donations of their crypto currency holdings.

With your help, we can bring first-rate performers to Hawaii from the mainland and overseas, reach thousands of students with our educational programs and and ensure that Hawaiian music and dance always have a spotlight in Honolulu in our nearly 100 year old historic venue.

By donating your Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Z-cash, or Gemini Dollars (GUSD) to the Hawaii Theatre Center, you will be investing into our recovery and into the arts.

The IRS classifies cryptocurrencies as property, cryptocurrency donations to 501(c)3 charities receive the same tax treatment as stocks. Donating cryptocurrency is a non-taxable event, meaning you do not owe capital gains tax on the appreciated amount and is tax deductible.

Don't have crypto but still want to help? Visit https://www.hawaiitheatre.com/support

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