9"x12" oil on canvas
Artists are always being asked to donate works for legitimate charities and non-profits. In return, we get gratitude, a little publicity, the satisfaction of knowing we helped our community is some way.
All working artists, and especially fundraisers for museums, non-profits, and charitable organizations need to investigate Bill H.R. 1126.
In brief, this bill addresses the fact that creators unlike others, cannot deduct anything more than the cost of their materials when they donate works to museums, etc. This bill if passed, it would allow creators to deduct the full market value of their works.
Artists - Wouldn't you feel like donating more often?
Fundraisers - Wouldn't that make it easier to get donations of art?
Isn't that worth your time to ask your Congress member to support this bill?
Go to The Buck and Mike Blog for an easy to understand explanation of how it affects you, and what to do. And pass the word to all your artist and fundraising friends.