Overview
When event tickets include goods or services (such as food, drinks, or merchandise), only part of the ticket price may be tax-deductible. To handle this correctly, you add a Fair Market Value (FMV) to each ticket level.
FMV is used to automatically calculate the tax-deductible amount for event contributions.
Result: Event ticket purchases reflect the correct tax-deductible amounts on donor receipts.
Before you begin
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You are creating or editing a ticketed event
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You know the Fair Market Value (FMV) of what attendees receive
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FMV is the estimated value of the goods or services provided
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It is not the ticket price
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Estimated time: 3–5 minutes
Step-by-step instructions
Step 1: Create or edit a ticketed event
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Start from the EveryAction Home Page.
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From the left-hand menu, click:
Engagement → Events & Volunteers → Event List.-
If you don’t see this, use Search for a page and type Event List.
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Click Add New Event or open an existing event.
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Select Ticketed Event as the event type.
You can add or update FMV for both new and existing ticketed events.
Step 2: Set Fair Market Value for ticket levels
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Complete the Event Details tab.
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Click the Tickets tab.
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For each ticket level, enter the Fair Market Value (FMV).
Enter only the value of what attendees receive (for example, a meal or gift).
Step 3: Save the event
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After completing all required fields, click Finish to save the event.
What happens automatically
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FMV displays next to ticket prices on the event form
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Ticket purchases record as one contribution per purchase
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The tax-deductible amount is calculated by subtracting FMV for each ticket purchased
Compliance and safety notes
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FMV affects donor receipts and tax acknowledgements
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Review FMV carefully before saving
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If you’re unsure about the correct value, pause and confirm before proceeding
Quick check
✅ FMV reflects goods or services, not ticket price
✅ FMV is set for each ticket level
✅ Event saved successfully
If all are true, you’re done.
What else do you need help with?
Not what you’re looking for?
Return to Overview: End-of-Year Giving & Tax Receipts to choose a different task.