within the past three minutes, this email was forwarded to me twice. Seems worthy to pass it on:
Many of us, especially in the arts community, have been waiting for
this bill to come up (again) for a quite a while.
This artist deduction bill (S.548) (H.R. 1524) would give artists the
right to deduct the fair market value of their work when donating it
to museum (and in some cases other charities). Believe me, artists are
constantly being asked to donate work to different charities for
fundraising purposes. Visual Art Fundraisers are very common and
widely used every year to support foundations that benefit cancer
research, Parkinson's, diabetes, AIDS, and other non-profit causes.
Another aspect that I find particularly interesting is that often
museums (of every size) can be hit with budget constraints and this
can be quite difficult when attempting to build or even maintain
certain collections. If an artists gets the same fair shake from the
I.R.S. that a collector might get, then artist donated pieces may more
often find their way into those collections.
As it stands now, the artist can only deduct the amount of the
material costs of creating their work (the cost of paint, canvas,
This bill is non-partisan and fair. If you can support it, please
click on this link...
...and simply by typing in your zip code a letter of support will be
sent to your senators and congressmen.