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Money

Artists' fees, grants and funding opportunities, selling your work, managing your income and taxation.

Funding

Grants, Awards, Prizes and Competitions

Money Coins

Image by B. Munting

Grants are a great way to secure income for your practice, projects and professional development. Awards, prizes and competitions can offer impressive prizes for the winning entrants and provide opportunities to sell and exhibit you work. Read more for some general support information to help when applying for grants, prizes and competitions.

Artist Fees

Budgeting for Artist Fees

fees

artist unknown.

As part of most government (federal, state and local) grant applications, artists need to submit a budget that includes fees for the production of the project, workshop or art work. NAVA's Code of Practice sets out the benchmark industry standards for Fees and Wages for artists, curators, administrators, workshop facilitators and many more so when you are writing a budget make sure your refer to these rates.

Licensing Fees

How much should you charge?

Viscopy Logo

Copyright Agency and Viscopy are not-for-profit rights management organisations that connect users with creators of content. Both organisations are committed to advocating for artists' rights and provide services that ensure they are fairly rewarded for the use of their work by issuing licences and collecting fees on their behalf.


In July 2012, Viscopy entered into a services arrangement with the Copyright Agency to reduce costs to its members. Known as Copyright Agency|Viscopy, the missing of this partnership is to help a build more resilient creative economy where new artistic expression is valued and artists are acknowledged and financially rewarded for their work.


Representing over 11,000 Australian and New Zealand artists and more than 36,000 international visual artists, Copyright Agency|Viscopy are the leading specialists in rights management in Australasia.


By becoming a Copyright Agency|Viscopy member you can have Copyright Agency|Viscopy manage the licencing of your work on your behalf. Those seeking a licence to use your work would contact Copyright Agency|Viscopy directly and be required to pay the fees as listed on Viscopy's website. Copyright Agency|Viscopy membership is free, payment for their services is taken as a percentage of the licencing fees collected. For more information about joining Copyright Agency|Viscopy please go to www.viscopy.org.au/join-us


Viscopy has a listing of standard licencing fees. Costs differ depending on how your work will be used. These can be used to form the fee you charge when licencing your work. To view the full listing head to ww.viscopy.org.au/prices

Sponsorships and External Funding

Sponsorship agreements between artists and the commercial sector provide income and in-kind assistance for a wide range of activities and outcomes. Sponsorship is usually reserved for large established arts organisations and companies, however, sponsorship can also be a great way for a small organisation or group of artists to find support. On our Guides page under the Sponsorship and Philanthropy category you will find information on how sponsorship works, how to find a sponsor and planning a sponsorship proposal.

Crowdfunding

Other options

Summit Crowd

Grants aren't the only way to raise funds. Why not get a crowd to support your project? Crowdfunding involves raising money to fund your project or program from a large group of people usually via a web based platform allowing supporters to engage with the project on a personal level. Read more to find out how crowdfunding might work for you.

Dealing with Rejection

Like many artists looking for public support Mark Shorter has been both successful and unsuccessful in receiving public funding. In this video he discusses the importance of pursuing an arts practice in the face of adversity. You can also find Mark's factsheet on dealing with rejection below.

Mark's work is informed by an examination of the historical intersections between the variety theatre and visual art practices. Through this investigation he has developed and performed identities such as the lewd country singer Renny Kodgers, the intrepid traveler Tino La Bamba and the ethereal aktionist, Dutch Painter. These characterisations are grotesquely hyper-male, sexually ambivalent and deeply romantic. They also raise the spectre of the alter-ego in Australian culture and how it is employed to create a theatre of provocation, irony and satire. Mark has exhibited extensively throughout Australia and has completed a PhD at Sydney College of the Arts.

Managing your Income

Help!

Beige Folders

Image by B. Munting

As an artist working today, your income may come from a variety of sources and when you are running your practice as a business you will need to keep records not only of your business but also yourself as an artist and your work. On our Guides page you can find some great general support information that can assist you with developing and managing your income sources under the Business Skills category. You can also find some relevant templates under the Project Management and Marketing categories.

Q&As

Selling on Consignment

covered artwork

Image by T. Winikoff

Q: How do I protect myself when selling on consignment?

Most galleries sell work on consignment and it is important to make sure that you protect yourself and your work to maintain a good relationship with the gallery.

Pricing your Work

Question Mark

Image by B. Munting

Q: How do I price my artwork?

Pricing your work may be one of the more difficult tasks you encounter and it plays an important part in developing your income and marketing your work.

Taxation

Guides

tax jar

Running your practice as a business means being obliged to deal with tax issues. Being on top of these issues from the start can save you from nasty surprises! On our Guides page under the Tax category you will find factsheets addressing GST to help you understand how GST operates between galleries and artists as well as the Public Taxation Ruling: carrying on business as an artist.