Tax Deductible Amount for Tickets, Events with Donations
by Sandra Sims on 27 Mar 2008 in: Fundraising Events, Tax Questions
There are so many aspects to planning a fundraising event. Determining the ticket price and what portion of the ticket is tax deductible for attendees is one of those many details.
Your article about determining the tax deductible portion of fundraising event tickets was very helpful. However, I’m wondering if any of the information you [...]
Additional Non Profit Accounting Guidelines
by Sandra Sims on 01 Aug 2007 in: News, Tax Questions
Recently The American Institute of Certified Public Accountants (AICPA) released additional guidelines regarding how charitable organizations report expenses related to fundraising efforts. These new guidelines cover three specific situations:
Nonprofit organizations (NPOs) reporting no fundraising expenses.
Should an NPO report amounts charged to the NPO by a professional fundraiser gross (as fundraising expenses) or net (as [...]
Special Event Tickets: Determining Tax Deductible Amounts
by Sandra Sims on 20 Mar 2007 in: Fundraising Events, Tax Questions
Non profit organizations that raise funds through events need to let attendees know the dollar amount of the event ticket that is tax deductible for IRS income tax reporting purposes.
Deciding what this amount should be can be a taxing problem (pardon the pun) for many groups, as the following question illustrates:
Where can I find out [...]


