Art projects and galleries play a major cultural role. For some artists, art is their only source of income. Galleries serve as a central place for the display of their work to art connoisseurs and the public at large.
In difficult economic times, money for operating galleries can be hard to come by. Expenses (such as staff remuneration, utility bills, and other overhead expenditures) often determine whether many of these spaces can remain open.
In these circumstances, art projects and galleries must come up with novel, outside-of-the-box ideas to stay open. In the article below, you can read about some tried-and-true methods for raising funds to support art galleries and projects.
Pitching to corporate entities is a great way to start. Most companies have a ‘social responsibility’ kitty from which they provide financial and non-financial support to what they deem as worthy causes.
Galleries can make pitches to these companies in hopes of getting a taste of that kitty, especially when the gallery in question features artistic themes in line with the company’s social responsibility objectives.
Premium Art Sales
Galleries can choose to sell certain pieces of their artwork at discounted prices to specific market niches. This way, the gallery can maintain a revenue stream through the rough patches.
This also serves to motivate artists, while keeping the gallery staff at work. What’s more, it increases the gallery’s exposure, thus attracting more media hype.
Non-profit galleries and art projects can also take advantage of the numerous crowdfunding sites on the internet.
By putting their fundraising appeals up on these sites, they can generate publicity about their work while also raising funds from supporters, admirers, and well-wishers (and all this for free or at a very minimal cost).
Art projects and galleries can also transition from brick-and-mortar spaces to virtual exhibitions online. For a small fee, art lovers can view artistic works with the click of a mouse.
And while they’re at it, they can take some time to enjoy a casino game at unibet mobile slots and increase their chances of winning. They can also select and order their favourite art pieces and have them delivered straight to their doorstep.
Art project and galleries can also act as clubs, with a view to recruiting members and friends. Memberships can be graded from bronze, silver, and gold to platinum.
For every category, members can pay a certain fee for an annual subscription in support of artists, projects and art galleries.
Additionally, galleries can invite members and non-members to pay a sum of money in return for having their names inscribed on a plaque in the gallery space.
This will help keep art spaces open, to the joy of art lovers and society as a whole.