Donation of artwork to cultural institutions under the Australian Government’s Cultural Gifts Program has become a widely accepted and welcomed form of art philanthropy in this country.
Benefits to donors are numerous and include;
- tax incentives in the form of deductions
- capital gains tax exemptions
- assisting to build and enhance our nation’s public collections.
Since its establishment in 1978, over $608 million worth of items have been donated through the Cultural Gifts Program. These include;
- visual and decorative arts,
- Indigenous arts,
- cultural artefacts,
- social history,
- scientific collections and
- archival material.
You may also access information about the CGP, a donation checklist, a list of participating institutions and tax incentives at
https://www.arts.gov.au/funding-and-support/cultural-gifts-program
All Art Services Cultural Gifts Program Valuations
John Walsh has conducted many Cultural Gifts Program valuations for leading Australian State and Regional galleries, museums, and institutions.
John is approved to value items in the following classes:
- Australian paintings, prints, sculptures and works on paper after 1800
- Australian photography after 1900
- Indigenous Australian paintings, prints, works on paper, photography and sculpture after 1970
As a general guide CGP valuations are provided at a rate of $300.00 per artist with a minimal addition for multiple works by one artist. Further negotiation is required for large collections.