If you're a visual artist, you most likely have been asked to donate your art to some worthy cause. Is this a good idea, or something you should feel obligated to do? I think the answer is complicated.
If a worthy local organization asks me for a donation, I usually comply. I always hope to at least get some publicity for my efforts, because there is no real cash write-off as far as tax benefits go.
When I write a check to charity, I can deduct that gift from my taxes. When I give a painting worth $1,000, I can't deduct the $1,000, but only the cost of the materials to make that painting.
Some artists are concerned that charities may auction their art off for low prices, thus devaluing the work. But the point of a charity auction is not to sell the art at list price, but to get the best price the organization can. Most donors purchase the art because it is priced much lower than normal.
In any case, I don't think we can control how organizations use our donated art. If we don't like their procedures, we don't have to give.
I have a studio filled with abstract paintings because I paint whether I'm selling it all or not. The last two years, thanks to the economic downturn, have not been good for sales of original art. I've been selling mostly my limited edition giclee prints on canvas.
So when our local National Public Radio station asked for a donation for their art auction this year, I gladly gave them one. The fifty pieces they selected will go on tour in several area shows. That's a nice bonus, but now I also have room for another new painting to replace the one I gave them.
Here's the painting I donated to WSKG, our local NPR station:
Plumb, 24" x 24"