More ways to support the museum
The Corporate Circle is an international network that connects companies through the art of Vincent van Gogh and helps support museum activities for young and old.
A donation to a cultural ANBI such as the Van Gogh Museum is tax deductible. This makes it even more attractive to make a donation to the museum. Read more about the tax benefits.
There are several ways of financially supporting the Van Gogh Museum. You can support the museum during your lifetime, but also by including the museum in your will. You could choose to donate a sum of money to the museum, but another option is a donation in kind, such as a painting.
The Dutch Tax and Customs Administration has designated the Van Gogh Museum as a cultural ANBI (Public Benefit Organisation). This means that you can deduct your donation from your Dutch income tax, with a multiplying factor, so that the deductible amount is higher than your actual donation. A multiplying factor of 25% applies to the first € 5,000 of your donation. If you donate e.g. € 1,000, your tax relief will apply to € 1,250. A threshold may be applied for certain types of donations.
The Van Gogh Museum is not required to pay gift tax on your donation. Every euro of your donation therefore directly benefits the museum, contributing to acquisitions, restorations and educational projects. Should you wish, you can indicate how you would like the museum to use your donation. Designated funds (Fonds op naam) can be established for donations of € 50,000 and above.
There are two ways of making donations:
For more information on tax deductible donations, please see the Dutch Tax and Customs Administration website (in Dutch):
Van Gogh Museum donors benefit from optimal tax relief by making periodic donations. In this case, you draft a donation agreement stating that you agree to donate a fixed annual sum for at least five years. This agreement can be drafted at a notary public, but the Dutch Tax and Customs Administration also offers a free copy. If required, we can send you a copy of this agreement in the post.
There is no minimum or maximum tax relief associated with periodic donations. The entire sum can be deducted from your income tax return. The multiplying factor of 25% applies to the first € 5,000 of your donation. The maximum percentage tax relief in box 1 will be reduced in the years ahead. In 2022 this was 40%, and in 2023, it is reduced to 36.93%.
Applicable tax relief for donations of € 1,000, € 5,000 and € 15,000. PDF, 136.1 kB
The tax relief is dependent on your total income (box 1, 2 and 3 together) – and if applicable, that of your partner –, the applicable relief rate and, if applicable, any other donations you have made in the year.
This year, the maximum tax relief rate for a one-off donation was 40% in 2022, but as with periodic donations, this is set to drop to 36.93% in 2023. The threshold is 1% of your total income (and if applicable, that of your partner), and at least € 60. The limit is 10% of your total income. The multiplying factor also applies to one-off donations such as this: 25% for the first € 5,000 of your donation.
Your total income is € 100,000 and in 2022, you make a one-off donation of € 2,500. You have made no other donations in the calendar year. The threshold is € 1,000, the limit is € 10,000.
In this case, the tax deductible amount is € 2,500 × 1.25 (25% multiplying factor) – € 1,000 (threshold) = € 2,125. The tax rate is 40%, making the tax relief € 850. Your one-off donation of € 2,500 costs you € 1,650 net.
Read more about periodic and standard donations on the Dutch Tax and Customs Administration website (in Dutch)
(Co-)owners of a private limited company (bv) can support the Van Gogh Museum through their company, either through a donation or sponsorship. In principle, sponsorship contributions are fully tax deductible. A donation is not considered a business expense, but under certain conditions, may be tax deductible. A donation can be deducted from the taxable profit for corporation tax (vennootschapsbelasting, Vpb). This applies to both one-off and periodic donations.
The maximum tax relief is 50% of the profit, with a maximum sum of € 100,000. The multiplying factor for a donation to a cultural ANBI (Public Benefit Organisation) is 50% of the first € 5,000.
The tax relief is dependent on the Vpb rate applicable to your company (in 2022 this was 15% or 25.8% and it is 19% or 25.8% in 2023). In addition to the tax relief, as director and major shareholder, you also benefit from box 2 income tax savings (26.9% this year; from 2024 onwards: 24.5 up and until 31%). Your total savings can therefore amount to between 37.87% and 45.75%.
Your private limited company donates € 5,000 annually. The tax deductible amount for your company is € 7,500 (50% multiplying factor). The tax rate is 15%, which amounts to tax relief of € 1,125. The net cost to your company of your € 5,000 donation is therefore only € 3,875. The box 2 saving on this sum is € 1.042. The ‘total cost’ of a private limited company donation of € 5,000 is ultimately € 2,833.
You can appoint the Van Gogh Museum as a beneficiary in your will, but you can also include a legacy to the museum in your will. This legacy may be an item of property or a certain amount of money. The Van Gogh Museum is not required to pay inheritance tax on this legacy. If you make a donation during your lifetime, income tax relief is available to you. This tax relief is not available if you leave assets to a good cause in your will.
In the Netherlands, it is also possible to pay inheritance tax with works of art. In such cases, a 20% discount applies. For example, if your beneficiaries are required to pay € 1,200,000 in taxes, they can settle the assessment by transferring works of art to the value of € 1,000,000. The art becomes the property of the Dutch State, but can be released on permanent loan to a museum. This regulation is subject to several conditions.
If you own an artwork that would make a suitable addition to the Van Gogh Museum collection and are interested in using this regulation, we would be pleased to help. For more information, please contact Sonia Gunning by sending an email to s.gunning@vangoghmuseum.nl or calling +31 (0)20 5708717.
Would you like to know more about all the ways you can support the museum? For more information, please contact Sonia Gunning by sending an email or calling +31 629654956.