Chp. 19-21 Profitable Artist
Fundraising
3 concepts:
-what kind of funding options are out there
-how to find them
-how to apply
Commercially viable artists borrow money.
Grants: most common type given by government or foundations
Awards/fellowship: by outside source in recognition of achievements
Scholarship: funding for academic programs
Donations: company or organizationÂ
Partnership: professional relationship with a stakeholder partner gains stakes in exchange for contributions
Sponsorship:advertisingÂ
Residencies: funded opportunities for artist to focus on their work
Barter: trading goods or services
Funds can be broken into unrestricted and restricted.
How to identify and find opportunities:
 Ask yourself what do you need funding for? 1. Your time- think of it as an expense
2. Services and labor
3. Supplies
4. Space
5. Training and educationÂ
 Chp 21: Applications and asks. Work begins prior to assembling proposal, reach out to finder via letter or email.Â
-project description: about, why does it matter, background, don't assume knowledge
 -executive summary: summary of key points of the project
-resume:multiple resumes for different purposes
-bio
-artist statement
-budget
-work samples
-references/ letters of recommendation.
Really pitch and make sure it represents your work bestÂ
The ask: soliciting donations from individuals Do your research and develop talking points!
Q’s: 1) have you ever used a type of fundraising option before during your artistic career or during your time at school? If so, what type? Were you successful in your attempt? This year alone we used t-shirt sales as a fundraising option. It was very successful because the shirts were clever and were very marketable to the campus audience.Â
2) Which type of fundraising option seems the best for you and your artistic practice? what do you believe to be the best ways to search for them?
Grants, fellowships, and residencies seem to be the big ones for fine artists. I use buds to search and also creative capital.Â
3) It can be difficult for starting artists w/little experience to win grants; how would you go about building your resume up and getting noticed?
Just keep volunteering, doing internships, and entering open-call shows.Â














