4 ms·
Excuse my mistake, the McMoneybags Museum is not in a wing of Richie's house but down the road, and it's open not once but twice a year (or by appointment). ht
by taejo 7y ago
Excuse my mistake, the McMoneybags Museum is not in a wing of Richie's house but down the road, and it's open not once but twice a year (or by appointment).
https://www.nytimes.com/2015/01/11/business/art-collectors-gain-tax-benefits-from-private-museums.html?_r=0 https://www.nytimes.com/2015/01/11/business/art-collectors-g...
The IRS isn't stupid, but they also don't have the resources to audit everyone who makes a dodgy claim.
- tptacek 7y agoYou answered his question but didn't rebut his data, which shows that arts contributions are a small fraction of total charitable giving, almost half of which appears to go into services for people (health, education, human services), followed by religious giving.
- lmm 7y agoIs there any reason to believe that "donations" in those categories are less likely to yield similar personal benefits for the "donor" than those categorized as art?