Giving Compass' Take:
- Amy Costello talks about the downsides of art auctions for the creatives providing their services, particularly tax deductions and devaluation of works.
- Is there a way we can create a better auction system so that those who dedicate their time and labor to a cause are adequately compensated?
- Learn about arts advocacy efforts happening around the country.
What is Giving Compass?
We connect donors to learning resources and ways to support community-led solutions. Learn more about us.
Have you ever bought a work of art at a charity auction? It turns out that the artists who donate their works can only deduct their direct costs from their taxes. Moreover, charity art sales may even depress the prices artists fetch at gallery sales. Amy Costello, in a podcast, explores these and other issues with artists, an art industry critic, and a nonprofit director.
Listen to the podcast about charity art auctions from Nonprofit Quarterly.