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  • 1.  Fundraiser Tickets - Is it Tax Deductible

    Posted 01-22-2019 04:13 PM
    Hello everyone, I need a bit of guidance regarding Fundraiser tickets. Our in house museum is holding their yearly Benefit/Gala which will showcase work from various artists. Among purchasing a ticket to the event, individuals have the option of purchasing a ticket for an exhibiting artist who may not be able to afford a ticket. Tickets run for $100, with $50 of that being the FMV. When purchasing this 'Sponsor an Artist" ticket, the individual does not know who they are sponsoring. Since they are not receiving a direct benefit and someone else is, is the full $100 considered tax-deductible? Many thanks for your help! Jessica Quintero Manager of Development Services Development and Alumni Relations Columbia College Chicago 600 S. Michigan Avenue, Suite 400 Chicago, IL 60605 jquintero@colum.edu O: 312 369-7519 colum.edu


  • 2.  Re: Fundraiser Tickets - Is it Tax Deductible

    Posted 01-22-2019 05:07 PM
    I think I'd need to ask my lawyer. It would be pretty clear-cut to me if this was an educational event and the extra payment permitted a student in need to attend. But if these artists are independent of the College and the College wouldn't have paid for their attendance otherwise, I am having difficulty seeing how paying to get them in the door benefits the College. Furthermore, how in the world are you going to determine which artists can and cannot afford their own ticket? Frankly, if it were up to me, I would invite every single artist whose work was being displayed to attend at no cost! John John H. Taylor Principal, John H. Taylor Consulting 2604 Sevier St. Durham, NC 27705 johntaylorconsulting@gmail.com 919.816.5903 (cell/text) Serving the Advancement Community Since 1987 On Tue, Jan 22, 2019 at 5:12 PM Jessica Quintero <jquintero@colum.edu> wrote: > Hello everyone, > > I need a bit of guidance regarding Fundraiser tickets. Our in house museum > is holding their yearly Benefit/Gala which will showcase work from various > artists. Among purchasing a ticket to the event, individuals have the > option of purchasing a ticket for an exhibiting artist who may not be able > to afford a ticket. Tickets run for $100, with $50 of that being the FMV. > When purchasing this 'Sponsor an Artist" ticket, the individual does not > know who they are sponsoring. Since they are not receiving a direct benefit > and someone else is, is the full $100 considered tax-deductible? > > Many thanks for your help! > > Jessica Quintero > Manager of Development Services > Development and Alumni Relations > Columbia College Chicago > > 600 S. Michigan Avenue, Suite 400 > Chicago, IL 60605 > jquintero@colum.edu > O: 312 369-7519 > colum.edu >


  • 3.  Re: Fundraiser Tickets - Is it Tax Deductible

    Posted 01-23-2019 12:27 PM
    Involving counsel is fine advice. And I also agree that including the exhibiting artists regardless is worth considering, though it might depend on things like the number of artists involved, the capacity of the event, and the anticipated number of charitable participants. I would note that, having decided that having an in-house museum is part of the organization’s qualified purpose, it wouldn’t seem at all strange to me that involving artists in an event might be in support of that aspect of the mission. And the question, as I understand it, is always whether the activity supports the mission, not whether the organization would have done it in the absence of a gift. There are lots of perfectly fine programs that wouldn’t take place without charitable support, and while the fact that an organization would have conducted the activity anyway generally establishes that the activity supports the organization’s purpose, it isn’t a requirement (sufficient, but not necessary, as a logician might say). On the immediate question, it wouldn’t seem to me that the purchaser of these exhibiting-artist tickets isn’t getting a benefit, so that there would be no quid pro quo. My US$0.02 worth; the usual disclaimers apply. Good luck! Alan Alan S. Hejnal Data Quality Manager Smithsonian Institution - Office of Advancement 600 Maryland Avenue SW, Suite 600E P.O. Box 37012, MRC 527 Washington, DC 20013-7012 •: 202-633-8754 | •: HejnalA@si.edu<mailto:HejnalA@si.edu> [SNAGHTML5cbfa34]<https://www.si.edu/> [AASP_FundSvcs_LOGO-01(040pct)(mark)] From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG> On Behalf Of John Taylor Sent: Tuesday, January 22, 2019 6:07 PM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG Subject: Re: [FUNDSVCS] Fundraiser Tickets - Is it Tax Deductible I think I'd need to ask my lawyer. It would be pretty clear-cut to me if this was an educational event and the extra payment permitted a student in need to attend. But if these artists are independent of the College and the College wouldn't have paid for their attendance otherwise, I am having difficulty seeing how paying to get them in the door benefits the College. Furthermore, how in the world are you going to determine which artists can and cannot afford their own ticket? Frankly, if it were up to me, I would invite every single artist whose work was being displayed to attend at no cost! John John H. Taylor Principal, John H. Taylor Consulting 2604 Sevier St. Durham, NC 27705 johntaylorconsulting@gmail.com<mailto:johntaylorconsulting@gmail.com> 919.816.5903 (cell/text) Serving the Advancement Community Since 1987 On Tue, Jan 22, 2019 at 5:12 PM Jessica Quintero <jquintero@colum.edu<mailto:jquintero@colum.edu>> wrote: Hello everyone, I need a bit of guidance regarding Fundraiser tickets. Our in house museum is holding their yearly Benefit/Gala which will showcase work from various artists. Among purchasing a ticket to the event, individuals have the option of purchasing a ticket for an exhibiting artist who may not be able to afford a ticket. Tickets run for $100, with $50 of that being the FMV. When purchasing this 'Sponsor an Artist" ticket, the individual does not know who they are sponsoring. Since they are not receiving a direct benefit and someone else is, is the full $100 considered tax-deductible? Many thanks for your help! Jessica Quintero Manager of Development Services Development and Alumni Relations Columbia College Chicago 600 S. Michigan Avenue, Suite 400 Chicago, IL 60605 jquintero@colum.edu<mailto:jquintero@colum.edu> O: 312 369-7519 colum.edu<http://colum.edu>