The Lullaby of the Rivers Festival is recognized by IRS and the state of Florida as a 501c3 nonprofit tax-exempt corporation. Monetary donations—whether by cash, check, credit card, or payment app—are tax-deductible. Donations of property are too. If you give property, you can claim the fair market value of the property as a tax deduction. Donations of time, services, or labor are not tax-deductible, but if you incur expenses performing those services, they could be.