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In-Kind Contribution

Hi All,

We are a small TV base media company. For the next few month, we will host an AD campaign for a non-profit organizations(IRS approved) as in-kind donation. The total value would be 15k. The question is can we use this donation as tax deduction. I have looked some guidelines on IRS, however, none of it applies to service type of donation.

Anyone who has had this experiences?

Thank you in advance!

Answers

Topic Expert
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO, SBAConsulting.com) |

Most in-kind that I have been involved with have an actual cost (a radio, a boat, boat engines) vs a service.

What is the actual cost of the service? Is there a loss of income because the in-kind adv is substituted for a paying advertisement (not sure if this counts).

Can you prove that you are 100% booked based on previous history for the time period (when you are actually serving up the advertisement)?

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