EAST HADDAM, Conn. (March 7, 2023) – In 2022, Goodspeed Musicals was the recipient of Connecticut Neighborhood Assistance Act (NAA) Tax Credit Program funding in partnership with area businesses and corporations. The program is designed to provide funding for nonprofit organizations by providing a tax credit to businesses who make cash contributions to these organizations. Goodspeed Musicals has long-standing, and appreciated, corporate support in the community and throughout the state. 

Businesses can receive a credit of 100 percent in the case of certain energy conservation programs, as was the case for Goodspeed in 2022. The program falls under the Department of Revenue Services. Goodspeed has the pleasure of announcing the 2022 approved contribution amounts for energy efficiency upgrades, as support from generous corporations and businesses: The Durham Manufacturing Company $5,000.00, The York Hill Trap Rock Quarry Company $1,000.00, ConnectiCare, Inc $7,500.00, Connecticut Light & Power dba Eversource Energy $8,000.00, Webster Bank, N.A. $5,000.00, and an anonymous corporation for $17,500.00.

The NAA is a great way for Connecticut businesses to support local nonprofits like Goodspeed Musicals that makes good business sense. Projects include energy efficiency upgrades to buildings on the Goodspeed campus to reduce heating and cooling expenses, as well as installation and replacement of a new boiler in one of the older actor houses and replacement of two HVAC systems in the production facilities. To receive more information about this program for 2023, please contact Mary Miko at [email protected].

ABOUT GOODSPEED MUSICALS:
Goodspeed Musicals has achieved international acclaim and is the first theatre in the nation to receive two Tony Awards for outstanding achievement in musical theatre. Under the leadership of Donna Lynn Hilton, Artistic Director and David B. Byrd, Managing Director, Goodspeed Musicals is dedicated to the celebration, development and advancement of musical theatre. Goodspeed creates powerful, world-class productions of enlightening new and established works to entertain and inspire audiences on its two stages – The Goodspeed in East Haddam, CT and the Terris Theatre in Chester, CT. From Goodspeed, 21 musicals have gone to Broadway (including Man of La Mancha, Annie, Shenandoah and Holiday Inn) and more than 90 new musicals have been launched. Goodspeed’s Festival of New Musicals, GoodWorks commissioning program and The Johnny Mercer Writers Grove at Goodspeed are distinguished cornerstones of the organization that highlight its commitment to nurture the talents of new and established artists and support the creative process. Goodspeed also maintains The Scherer Library of Musical Theatre and The Max Showalter Center for Education in Musical Theatre. Goodspeed gratefully acknowledges the support of The Shubert Foundation, Connecticut Department of Economic and Community Development; CT Humanities; and the National Endowment for the Arts. For more information, visit www.goodspeed.org.