I’m going to stick my two cents in on this again. Is there any
reason why we need to make “full” donations?
Usually, when I am asked to donate work to a benefit auction or
sale, I politely say that I need to make x amount to cover my
expenses. This amount may change, depending on how much I want to
support the organization. I may even be willing to take a full loss,
in which case I’m not concerned about the tax deduction.
Some auction situations allow you to set a minimum bid (if the bid
isn’t matched, the piece is returned to you, but you still get the
exposure and people think you’re nice…). One way or another, you
can insist on a percentage of what they make on the piece. They still
make money on it, so they shouldn’t have any problem. And I don’t
have any problem, since I’ve already written off my expenses, so
anything above that is income–taxable, yes, but still income.
I know performing artists that do benefits, but they’re performing
at a cut rate (or for a smaller percentage of the door), not for
free…And if they do perform for free, it’s volunteer work, i.e.
they don’t expect to get a tax deduction for it.
Maybe I’m just being dense…
Lisa Orlando Aphrodite’s Ornaments (but not making jewelry, because
I’m taking a very time-consuming drawing
and design course…summer school! After decades of freedom!)