Graphic: Arrow Join Now! Graphic: Arrow MY AFP Profile Graphic: Arrow AFP Canada Graphic: Arrow AFP Mexico Graphic: Star MAKE A GIFT


FAQ: Tax deductions for special-event tickets

Resource Center - Foundation

What portion of a special-event ticket is tax-deductible?

The tax-deductible or contributed portion of a ticket is the amount over and above the fair market value (FMV) of any benefits received. It is the responsibility of the organization putting on the event to determine the FMV and to inform the participants of the amount of the contributed portion.

The organization must make a good-faith estimate of what a comparable event would cost on an average day/night in a similar setting. The FMV of the event is deducted from the price of the ticket, and the remaining amount is the contributed portion. The host organization should inform participants in writing of the tax-deductible amount (either on the invitation or the receipt). The only way a donor may deduct the entire ticket price is to return the unused ticket to the host organization for resale.

4300 Wilson Blvd, Suite 300, Arlington, VA 22203 • 703-684-0410 | 800-666-3863 | Fax: 703-684-0540
©2009 AFP. This site content may not be copied, reproduced or redistributed without prior written
permission from the Association of Fundraising Professionals or its affiliates.
Privacy Policy | Feedback | Contact Us | Advertise with Us