This information is located in our software for artists. Some references within the text will be software related.
 
Since artists are always being asked to donate something, before making a commitment to donate, consider the following:
 
A charitable gift is a voluntary transfer of money or in-kind goods or property that is made to a 501(c)(3) organization with no expectation of a commensurate return.  If the donor receives a financial or economic benefit in return for the gift, it is not a deductible contribution, unless the donation’s value surpasses the value of benefit to the donor.
 
Only donors who itemize deductions on their federal or state income tax returns may deduct gifts to qualifying non-profits.
 
Therefore, a donor must keep records of contributions.  For contributions less than $50, a canceled check, or cash or credit card receipt, will suffice.  For contributions of $250 or more, the donor must obtain a written acknowledgment from the charity with the date and the amount of the contribution, as well as a list of any benefits, and an estimation of the value of those benefits.
 
There are special rules as to what can be donated.  For example, in-kind services do not always carry a deductible value.  It is a good idea to check if your donation merits a tax deduction.
 
See the Independent Sector Web site at www.IndependentSector.org for more information.
 
DONATING WORK (SELF- COMMISSIONING)
 
As an artist, never assume that an institution or organization wants your donated artwork in their collection. Always query organizations about their acquisitions policies, acquisitions budget, or whether they buy art at all.  With this knowledge in mind, consider if your artwork fits within their parameters.  This will save you time and effort.
 
Set realistic goals. Do not solicit organizations or museums that will not consider donations from artists who do not have a prior history with museums and public institutions.  Never cold-call any major organizations to sell them an expensive work of art.  These sorts of accomplishments accrue gradually during the course of an artist's career, and as the artist builds recognition within the art community. You have got to work your way up to major commissions and large sales while setting more realistic short-term goals.
 
Leave the judgment of your work to museum curators and art business professionals, such as dealers and art consultants.  Be open to selling and exhibiting your work at organizations that you might have overlooked at first. In other words, do not limit the circumstances in which your work can be sold and bought.
 
Make sure your asking price is significantly higher than demonstrated in your resume.  Start by comparing your prices to those of artists with similar experience and accomplishments.