Comments on: Consider this when donating art https://dy-online.com/consider-this-when-donating-art/ Trusted Art Business Coaching and Consulting Sun, 01 May 2022 03:17:23 +0000 hourly 1 https://wordpress.org/?v=7.1.4 By: Alyson Stanfield https://dy-online.com/consider-this-when-donating-art/#comment-5056 Thu, 21 Oct 2010 22:43:54 +0000 http://artbizsuccess.com/2008/09/consider-this-when-donating-art.html#comment-5056 Jim Dalton. That's interesting, Jim. I never thought of that. Have you been advised that it's completely legal to write off buying your own art?]]> In reply to Jim Dalton.

That’s interesting, Jim. I never thought of that. Have you been advised that it’s completely legal to write off buying your own art?

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By: Jim Dalton https://dy-online.com/consider-this-when-donating-art/#comment-5055 Thu, 21 Oct 2010 12:53:43 +0000 http://artbizsuccess.com/2008/09/consider-this-when-donating-art.html#comment-5055 When we are approached to donate a piece of our work,for a fund raising auction, we evaluate the requesting organization with the question “Is this an organization we would support anyhow?” If it is, then we donate one of our best pieces, along with a check for the wholesale price of the piece as an opening bid. Therefore, worst case scenario is that we buy our work back at wholesale with a tax deductible check and either resell it at wholesale or retail. Almost always, someone else tops our bid, and the piece goes on to sell at a fair price.

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By: Constance Vlahoulis https://dy-online.com/consider-this-when-donating-art/#comment-5054 Tue, 28 Sep 2010 08:41:33 +0000 http://artbizsuccess.com/2008/09/consider-this-when-donating-art.html#comment-5054 Good comments on this subject.

I realized that I donated 6 works this year. I insisted on min bids. after learning the hard way.

Most were prints that I had for over 3 years- so that was OK and price good. Had them in poster type high quality clear, sturdy wrapping that could stand up on it’s own & didn’t have to frame.

Another 16×20″ original oil (Carl Sandburg was subject of painting & fund raiser) I insisted on a min price or I could not donate as (my) patrons could be at show. Show had a low turn out and I am getting painting back.
If it could be hung in a good place where Carl Sandburg fans gather- I would just donate the work. Other than that- I’d rather not have it sold under value.

A really good way to donate (I have found) for silent auctions is donate a hand enhanced giclee reproduction (with a min price). A work of a whimsical cat sold for nearly double at a high end fund raiser for childrens charities. Did frame it– certainly worth the exposure to that country club crowd.

Still another way– and along those lines– is to do a a joint donation if it not going to be sold yet it will go for a great cause and be seen by many people. My photographer (and giclee maker) & I came together– she reproduced the (same cat by the way a big hit/original sold for a great price for me)— for free on canvas, gallery wrapped for our new local animal humane society educational wing. I then hand enhanced it- numbered it 1/100 on the right side to make no mistake of it not being an original although it sure looks like it). The tag notes both of us so we both get the exposure.

You have to pick and choose to not only be fair to you but your galleries/patrons.

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By: Dede Peters https://dy-online.com/consider-this-when-donating-art/#comment-5053 Wed, 10 Sep 2008 23:40:58 +0000 http://artbizsuccess.com/2008/09/consider-this-when-donating-art.html#comment-5053 I and the artists I represent are repeatedly asked to donate. I encourage artists to only donate to causes they truly believe in. As a gallerist, I purchase or commission a piece and then donate it to the cause, taking the write-off for the gallery. My artists often refer the asking party to me. I take the opportunity to educate the asker about the current pending legislation with regards to tax write-offs. I suggest that perhaps they already have a patron that could commission or purchase a piece from an artist then in turn donate it to the cause. I’ve found that when this method is used, the art actually “sells” for close to or more than retail value. Everyone wins this way – the artist receives full value, the patron gets the write-off and the cause/charity gets a larger donation.

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By: Wendy Edsall-Kerwin https://dy-online.com/consider-this-when-donating-art/#comment-5052 Tue, 09 Sep 2008 14:58:54 +0000 http://artbizsuccess.com/2008/09/consider-this-when-donating-art.html#comment-5052 Aside from what the galleries might feel, shouldn’t we as artists want our work to be auctioned off for what it’s worth or more? People who get our art far underpriced tell their friends what a steal they got it for or, if ignorant of what it should go for, think that that’s what all your work should be priced at. I’ve seen other artists ask to have a minimum price for what their work can go for. I just personally am not at a point where I see donating my art as a feasible option. I’d rather just give money to the organization if I believe in it. At least I can right that off at tax time.

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By: Alyson B. Stanfield https://dy-online.com/consider-this-when-donating-art/#comment-5051 Tue, 09 Sep 2008 02:20:48 +0000 http://artbizsuccess.com/2008/09/consider-this-when-donating-art.html#comment-5051 Diane: Yep, older art is probably a safer bet. Suzette: Ouch! It hurts to see work go for such a low price. It just shouldn’t happen and I encourage artists to insist that it doesn’t happen to them. Ask all of the right questions and make sure you get a minimum bid. Barbara: This is fascinating. I’m pulling this out for a new post and further discussion. Thanks.

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By: Barbara Kemp Cowlin https://dy-online.com/consider-this-when-donating-art/#comment-5050 Mon, 08 Sep 2008 21:27:26 +0000 http://artbizsuccess.com/2008/09/consider-this-when-donating-art.html#comment-5050 Hi, Alyson, I read your Monday Art Marketing Newsletter with interest (as always!). It’s great that you are bringing up the subject of donations with your readership. Here’s something to add to the discussion. I’ve been juried into the 2nd Juried Art Exhibition for Sponsorship at Pagosa Mountain Hospital. They have an interesting solution for how to deal with getting art donations. Don’t know if it’s unusual or just something I haven’t heard of before. Anyway, the accepted artwork is available for sponsorship, to build the hospital’s permanent art collection. The artist gets paid, the donor gets the tax write-off and the hospital gets some nice art! What do you think of this as a strategy?

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By: Suzette Fram https://dy-online.com/consider-this-when-donating-art/#comment-5049 Mon, 08 Sep 2008 18:58:05 +0000 http://artbizsuccess.com/2008/09/consider-this-when-donating-art.html#comment-5049 I have, and still do, donate works to charity for auctions, but I have learned to be very cautious about who and where. One of my first donations was to a small church event; the piece was sold for less that what it cost me to frame it. It would have been cheaper for me to write them a cheque than to donate a painting on which I had worked for several hours and which I had paid to frame. It was not good for me self-esteem nor my reputation. HOWEVER, donating a piece to be a prize in a raffle has no such drawbacks. People buy tickets and one person wins it. Regardless of how much money is raised by way of ticket sales, it does not impact on the value of the work or the artist’s reputation.

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By: marianne https://dy-online.com/consider-this-when-donating-art/#comment-5048 Mon, 08 Sep 2008 18:45:02 +0000 http://artbizsuccess.com/2008/09/consider-this-when-donating-art.html#comment-5048 i am on the planning committee for a fundraiser for a local women’s shelter. they have been doing an arts centered fundraiser for years. we both sell accepted work, with 20% going to the wca and have silent auction art, with 100% donated. i participated for years before joining the committee. this has been an amazing experience for me. i like the option of selling or donating, many artists choose to do both. it is a great opportunity to support and encourage artists and a celebration of women artists in our community. i have always had positive experiences with this show, and always donate an auction piece as well as for sale- my blog after last year’s show. http://mkonvalinka.blogspot.com/2008/02/after-show.html one odd bit is the number of artists who don’t pick up unsold work after the show- it is very strange. we get a great response from the community for this show. i also helped coordinate a different sort of fundraiser recently- a mailbox paint off & silent auction to raise $$ for another local charity. again, the response was overwhelming. http://mkonvalinka.blogspot.com/2008/09/artists-generosity.html i opt not to participate in some events, and am not offended when people don’t respond to requests. you can only do so much. one caveat for artists just starting out is to remember that a donated piece may be someone’s first exposure to your work, so it should be of a quality that you would expect someone to buy.

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By: Diane McGregor https://dy-online.com/consider-this-when-donating-art/#comment-5047 Mon, 08 Sep 2008 15:15:56 +0000 http://artbizsuccess.com/2008/09/consider-this-when-donating-art.html#comment-5047 I have donated work that is a a few years old, that way I don’t get into trouble with the gallery that is representing me and showing my current work. I have been able to make some room in storage by donating large paintings to public collections (e.g., a University Medical Center or local museum) — this is a good deal for the collection receiving your work and it enhances your resume.

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