See IRS Publication 1771.


 


 

-----Original Message-----
From: CELINA AGUIRRE <[log in to unmask]>
To: [log in to unmask]
Sent: Thu, 15 Jan 2009 2:34 pm
Subject: How to handle member benefits













All,

I have a question regarding tax exemption for museum membership benefits. We usually send out a thank you letter for new and renewed memberships. In it we have a paragraph stating their donation may be tax deductible in accordance with IRS regulations. If the member chooses to receive a gift such as a DVD or book we then specify the balance may be tax deductible. The letter is essentially a receipt. 

 

I am wondering how everyone else handles this as we have added a magazine subscription ($4 per year) to the membership benefits. Does your museum send out a letter like this? Do you tell your members their donation may be tax deductible? and, would you deduct such a small gift as the magazine from the amount eligible for tax deduction?

 

Thank you!






Celina I. Aguirre


The Williamson Museum


716 S. Austin Ave.


Georgetown, TX 78626


Phone 512.943.1670


Fax 512.943.1672


www.williamsonmuseum.org






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