Donated goods and services hit the income statement, not the balance sheet.Find it highly interesting and irrational by the drive-by posters that belittle other forum members for their personal qualms towards an organization they have a financial transaction with. If you’re happy with your tix and the products/services you’re being rendered then that’s great and glad you feel good about your purchase, but taking passive aggressive shots at others on the basis of non-shared values is well, pretty pathetic.
On a separate note, and accountants would have to verify the accuracy of it, but this tix scheme seems like a lot of bottom line gymnastics for the club. Having 10k tix sold bring them that X-profit, and selling 20k tix at half the cost brings them the same X-profit, but selling 10k tix and giving away 10k tix yields them the double occupancy with the full tix-income but also gives them 10k tix of business deductions to claim which reduces their tax burden. Again, not my profession so the accounts will know more about how donated goods/services hit the balance sheet.
I'm not quite sure how they could claim these as donations either, as they wouldn't be going to any non-profit organizations, and I don't see how there would be any extra expense with providing an additional ticket as it's not a good, and there is no direct service associated with it.