Basically, for those responsible for non-profit, non-governmental museums,
the federal reimbursement rate has never really mattered.  For the smallest
of us, the governing board in some cases establishes the rate based on what
prevails in the community. In this community, businesses use a 20 cents/mile
rate.  I was hoping to find evidence that there were non-profits adding 5
cents or so to their existing rate, in view of the inflated price of
gasoline.   (The IRS requires that any reimbursement in excess of 32.5 cents
be counted as income for one's tax purposes.  If you use your vehicle for
charitable purposes, you can take 14 cents a mile as a charitable
deduction -- that being the estimated cost of the gasoline itself, as per
the IRS.)
----- Original Message -----
From: Olivia Anastasiadis <[log in to unmask]>

> The general understanding is that IRS changes the rules for mileage
> reimbursal each year; we have a finance guy who always makes sure this is
> updated via memo to all of us roadsters.  This year it's supposed to be
> $0.325; last year it was $0.315.  A few years back it was about 29 cents.
> It is the responsibility of your accounting/finance person to set this
> straight each year.  That's my understanding.

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