Tag: artist finances

You know that feeling when you split a bill with friends and somehow end up paying way more than what you ordered? That’s how a lot of artists feel when they first see a gallery’s commission rate. Fifty percent ,  sometimes more ,  can sound like daylight robbery when you’re the one who spent months creating the work. But that number isn’t random, and understanding where it comes from changes everything about how you approach it. Gallery commissions are less about greed and more about systems. Rent, staff, marketing, shipping, openings…

Most artists are told to focus on the work, not the numbers. But at some point, you realize your art isn’t just a practice ,  it’s a business that needs fuel. You start wondering how other artists manage to plan their income, handle slow months, or decide what to charge. That’s where a financial model comes in. Not in the corporate, Excel-heavy sense, but as a personal roadmap that helps you see where your time, effort, and money actually go. The idea of “financial modeling” can sound intimidating, like something meant…