![]() | ![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
|
![]() |
![]() |
|
|
Rules for Artists Donating Art to Auctions
Here is part of an email I received recently: "I have donated to non-profits who have accepted my value (the retail value as shown on my website, in galleries, etc.). In the past, these [prices] were accepted without question, and a tax receipt [was] given. "Last year, however, I donated to a local fundraiser, and they halved the value of the framed painting I donated. They said that they had used a panel of people who knew the value of art, and these people came up with new values. [They said] non-profits were coming under pressure from Revenue Canada, and would be in danger of losing their right to raise funds this way if they couldn't justify the value of the tax receipts issued." No kidding! Federal charities have to be able to prove that the tax receipts they issue are for real value. They have to defend their evaluations if audited, and this is fair and good policy; it is establishing values that is the challenge for charities and artists. I advise artists to adhere to a strict price rationale in the workshops I do for visual artists and craft persons on "How to Price Your Artwork." A rationalized price policy supports your insurance and donation evaluations. Without one, you cannot expect to get full benefit from any insurance claim for lost, stolen or damaged artwork and to get full tax advantage for all your donations of artwork. A good sales rationale is essential for artists with professional ambitions. At one of my recent workshops, I mentioned having guidelines for visual artists about donating an artwork to charity art auctions. Without enough time to deal with them in the workshop, I promised to offer them here. When I got the email that opens this editorial, I knew the time was right, so here they are: 1. The Association of Fundraising Professionals advises members undertaking events (such as charity art auctions) to do the following. If you know the charity asking you to donate an artwork, it may be easy to decide whether or not to get involved. Or believing in the objectives of the charity can help you make a decision. But there's one question I advise artists to ask of art auction organizers and it is this: "Will you be mailing me a free ticket to the gala?" A facsimile question would work as well for those with less brashness than I. But the answer to the question will clearly reveal the level of respect accorded to artists by the event beneficiaries. At an art auction I worked on to benefit Emily Carr Institute and the Bill Reid Foundation, artists were our guests at the dinner. They were able to "network" very effectively at the event and their presence added considerably to the success of the evening. All the artists in that auction were First Nations and they were scattered through the hall sharing tables with bidders. Not all artists were able to come, but those that did found the evening to be rewarding. Finally, if you are an "emerging" artist with little show/auction experience and no sales rationale, you may see participating in an auction as an irresistible opportunity. Fair enough, but I would suggest you "buddy up" with another artist in the auction or, ask the organizers for the name of other participating artists and try to find someone with experience who might be willing to "mentor" you a little. If you're good online, seek out artist listservs or member-driven organizations for support in getting started. There's no place better than CARFAC to get your artist/business skills up to par (www.carfac.ca)
Chris Tyrell
ctyrell@shaw.ca |
1-800-663-6953 | sales@opusframing.com |
© copyright 2000-2008, Opus Framing Ltd. |
|