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Donating Your Work isn't a Charitable Deduction
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Donating Your Work isn't a Charitable Deduction
As we approach the upcoming holiday season, I wanted to chat about an important topic that comes up often: donating your artwork to a charitable organization and what that means for your taxes.
Join me today in this important episode as I explain what donating your artwork to charity means during tax time and why nonprofits need to be aware of the tax implications of charitable donations for artists. I also give you some tips on how you can still be charitable without feeling exploited.
LISTEN AND SUBSCRIBE HERE
As we approach the upcoming holiday season, I wanted to chat about an important topic that comes up often: donating your artwork to a charitable organization and what that means for your taxes.
Join me today in this important episode as I explain what donating your artwork to charity means during tax time and why nonprofits need to be aware of the tax implications of charitable donations for artists. I also give you some tips on how you can still be charitable without feeling exploited.
Also mentioned in today’s episode:
Donating your work to charity and the tax implications 1:38
Deducting materials on your taxes 5:32
How you can donate to charity without feeling exploited as an artist 6:58
Why nonprofits need to be more transparent and ethical when asking for donations from artists 10:31
If you enjoyed this episode, please rate, review and share it!
Links:
El Anatsui: https://elanatsui.art/
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