In response to an earlier question, I don't think that most tables for currently-running shows sell the merchandise that's available in the theater (although they might sell some signed versions of some of them). So if you are looking for a T-shirt/magnet/program/etc, I'm not sure you'll be able to get one.
A closed show will sometimes have their regular merchandise available (at a different show's table), often for very cheap.
In terms of the tax deduction, you have to be a little bit careful about it if you are buying something that is commercially available. If you make a donation to a charity, and they give you an incentive (free tickets, for example), I believe you have to subtract the fair market value of those tickets from your donation when reporting to the IRS. If the charity is giving you something that is not commercially available (such as a marquee/walk-on/etc), then the fair market value is harder to determine and you could potentially argue that it is zero (the marquee would go into the trash otherwise), allowing you to take the full tax deduction.
And if the donation is more than $250, you need a letter from the charity even if you have a receipt.
(I am not a tax lawyer or an accountant, so someone who is should feel free to correct anything I just said!)
"What was the name of that cheese that I like?"
"you can't run away forever...but there's nothing wrong with getting a good head start"
"well I hope and I pray, that maybe someday, you'll walk in the room with my heart"
Updated On: 9/19/09 at 06:11 PM