Artist Donations: Testing the Limits of Your Love
How often are you hit up for a donation of your art?
All artists are, at some point, asked to donate their work for a good cause. Most artists have soft hearts and want to help out anyone who asks.
The problem is that U.S. tax laws prevent artists from deducting fair market value for their donations. You can only deduct the cost of materials.
In light of this rule disfavoring artists, you might think these philanthropists are testing the limits of your love and commitment to their cause. But they’re only doing their job.
Rather than get upset about being asked, resign yourself to the fact that you will be asked for donations. You need to be prepared with a response that reflects your boundaries while educating those doing the asking.
It’s perfectly fine to have a policy against donating your art under any circumstances.
If you choose to donate, you’ll be well served with written guidelines that you can share in a moment’s notice. These donation guidelines could include the following three aspects.
Artist Donations: Testing the Limits of Your Love Read
