The Diverse Revenue Streams for Conceptual and Installation Artists

Conceptual and installation artists often face unique challenges when it comes to making a living. Unlike traditional artists who often earn income through sales of their work, conceptual and installation artists must explore alternative revenue streams to sustain their practice. This article will delve into the various ways these artists can earn income and maintain a livelihood in the art world.

Commissioned Work: A Starting Point

One of the primary ways in which conceptual and installation artists can make a living is through commissions. Many such artists receive occasional commissions for temporary installations or artworks. These commissions can be a significant source of income, especially for large-scale projects that require extensive time and resources. For example, an artist may be commissioned to create an installation for a commercial or public space, which can earn them a substantial fee.

Shared Workspaces and Collaborations

In addition to commissions, some conceptual and installation artists find living spaces by sharing workspaces or collaborating with other artists. By sharing resources and costs, artists can reduce overhead expenses and focus more creatively on their work. Collaborations can also open doors to new opportunities, as the combined efforts of multiple artists can attract more attention and funding.

Multifaceted Income Streams

According to my art professor, artists often need to have multiple sources of income to sustain their practice. Some of the most common ways in which conceptual and installation artists earn money include:

Art Commissions: As previously mentioned, commissions are a traditional and reliable source of income for these artists. They can range from temporary installations to permanent works that attract substantial fees. Teaching: Many artists find themselves teaching art classes or university courses. This not only provides a consistent income but also helps to advance their own skills and knowledge in the field. Facility Administration: Some artists take on administrative roles in art spaces, such as managing a video art library or running a gallery. These roles can provide additional income while also allowing the artist to maintain their involvement in the art world. Object Fabrication: Certain conceptual and installation artists also produce and sell related objects or accessories as an additional revenue stream. This can be particularly effective for those whose installations have a physical presence. Speaking Engagements: Artists often give talks, workshops, or lectures, sharing their knowledge and connecting with other artists and the broader community. This can lead to additional income and networking opportunities.

Self-sustaining Practices through Innovation

One notable example of an artist who has found success through multiple income streams is a video art professor. This professor not only administers a video art library, providing a valuable resource for artists, but also maintains a teaching position at a university. By combining these roles, the professor has been able to create a sustainable career in the arts.

Similarly, I know a jazz musician who uses a multifaceted approach to income generation. This musician:

Plays music at venues Teaches music in schools and workshops Runs a website that sells music books and gear

Each of these activities contributes to their overall income and helps keep their musical pursuits alive. It is not uncommon for some artists to come from wealthy families, which can provide financial support. However, for the majority, finding alternative and innovative ways to sustain their practice is crucial.

Conclusion

Conceptual and installation artists, like all artists, must be resourceful and flexible to survive and thrive in the competitive art world. By exploring diverse income streams, such as commissions, teaching, facility administration, object fabrication, and public speaking, these artists can create a sustainable and fulfilling career. Whether through innovative teaching methods, multifaceted roles in art spaces, or additional revenue-generating projects, the key to success lies in finding multiple paths to income. These self-sustaining practices not only help artists financially but also foster a strong sense of community and collaboration in the art world.