Event Ticket Purchases

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I am curious to know how other organizations handle ticket purchases to an event (with or without FMV) in the Raiser's Edge.  Do you batch them as a gift and reduce the receipt amount depending on the fmv?  Do you enter the at all into your database? 

Comments

  • Most of our ticket sales come through Luminate.  The eReceipt is set up with a receipt amount with FMV removed.


    After the event I typically export gifts and do a global change import to update the receipt amount accordingly


    If we do get phone in ticket orders they are batched with the receipt amount with the FMV removed so mailed receipts are accurate

  • My preference is to record the total amount as the Gift Amount and the total less the FMV as the Receipt Amount.  The receipt or ack letter would read something like, "Thank you for your payment of $125.  The fair market value of your ticket is $60.  Please consult your tax professional on the deductibility of your charitable gifts."
  • Jen Claudy:

    My preference is to record the total amount as the Gift Amount and the total less the FMV as the Receipt Amount.  The receipt or ack letter would read something like, "Thank you for your payment of $125.  The fair market value of your ticket is $60.  Please consult your tax professional on the deductibility of your charitable gifts."



    That is what we do - I just didn't say it as well as you  ;-)

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