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One other thing to look into that I know the university has had issues
with in receiving art donations -- that is the longer term insurance
and security costs associated with housing acquisition - which also
related to the appraised value.
. . . . . . . . . . .
Marti Louw, Research Faculty
UPCLOSE | University of Pittsburgh
Center for Learning in Out-of-School Environments
Learning Research and Development Center
3939 O'Hara Street • Pittsburgh, PA 15260
[tel] 412 383 6938 [fax] 412 624 7439
MartiL {at} pitt {dot} edu
http://upclose.lrdc.pitt.edu
On Sep 17, 2009, at 6:24 PM, Erich Rose wrote:
> ISEN-ASTC-L is a service of the Association of Science-Technology
> Centers
> Incorporated, a worldwide network of science museums and related
> institutions.
> *****************************************************************************
>
> Tal,
>
> You have been given lots of great advice on the issue of assessing
> value.
>
> But I would suggest you also make sure you have several other issues
> well understood:
>
> First, make sure that all international laws are well understood. Is
> the piece being made abroad or in Israel? There may be import duty
> to pay.
>
> Second, make sure your contract spells out what happens when the
> museum closes, moves or you just plain decide they are no longer
> wanted. The norm is to give the artist first rights to buy them
> back. But make sure that no one is going to freak out when they get
> auctioned off one day.
>
> Third, as already stated look at the long term costs of maintaining
> them as well as the costs of installation, which can be high for
> large heavy pieces.
>
> Oh and some day share pictures of the pieces with all of us on the
> listserv!
>
>
> ---- Tal Berman <[log in to unmask]> wrote:
>> ISEN-ASTC-L is a service of the Association of Science-Technology
>> Centers
>> Incorporated, a worldwide network of science museums and related
>> institutions.
>> *****************************************************************************
>>
>>
>>
>> Dear colleagues,
>>
>> I would like to know if any one can help me with the following
>> problem
>> that we face recreantly. Perhaps any one already had similar
>> situation
>> and we can use your experience .
>>
>> We have been made an offer by a west coast artist to receive a set of
>> bronze sculptures of famous scientist, as a donation
>>
>> The artist of course wants to receive a tax refund on the actual
>> value
>> of the sculptures, rather than the metal value (which off course he
>> have
>> invoice for).
>>
>> Turns out that this is not that simple, - how are we going to deal
>> with
>> the IRS? What should be declared to the IRS? How do you set the true
>> value of sculptures? The work, studio maintenance etc.
>>
>> If anyone has an idea....
>>
>> We are interesting in this donation, and obviously we are
>> interesting
>> that the artist will get full compensation for his work.
>>
>> It is important to state that although we are an Israeli national
>> museum' our friends of the museum society is situated in the
>> states' and
>> is a 501c3 organization which can receive tax refunds in the US.
>>
>>
>>
>> Thank you
>>
>> Tal
>>
>> Tal Berman; Ph.D.
>> Head of the Exhibits wing
>> The Israel National Museum of Science, Technology & Space;
>> Daniel and Matilde Recanati Center
>> 25 Shmaryahu Levin St.; Haifa, 31448; ISRAEL.
>> Tel: +972-4-861-4452 Fax: +972-4-861-4352; Cell': +972-54-6115577
>> Email: <blocked::mailto:[log in to unmask]> [log in to unmask]; Site:
>> <blocked::http://www.madatech.org.il/> http://www.madatech.org.il
>> Skype: tal_berman
>>
>>
>>
>> LONGITUDE 320 48.587' N LATITUDE 0340 59.790' E
>>
>>
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>
> --
> Erich Rose
> Exhibit, Environmental and Industrial Design
> 807 The Living End
> Austin, TX 78746
> 512-626-9930; [log in to unmask]
>
> ***********************************************************************
> For information about the Association of Science-Technology Centers
> and the Informal Science Education Network please visit www.astc.org.
>
> Check out the latest case studies and reviews on ExhibitFiles at www.exhibitfiles.org
> .
>
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