This article is for users on the Free and Exhibitor Pro Plans.
Exhibitions on The Exhibit can either be:
- Self-Curated (i.e. you are the Curator, and also either the only artist or one of the artists involved in the exhibition)
- or curated by a Curator (i.e. your role as the Curator is only to curate the exhibition, you are not exhibiting artwork as well. For example, a Curator can be a commercial gallery, art retail store or freelance curator)
When your exhibition includes the artworks of other artists, you automatically enter into a revenue share arrangement with them. This is so that both parties involved in curating the exhibition and creating the artwork are remunerated for their respective efforts when an artwork is sold. The Curator’s share of the sale works the same way a traditional gallery commission does.
During exhibition set-up, the Curator will be asked to define the revenue share breakdown (%) for themselves and the artists in their exhibition. When an artwork sells, The Exhibit will automatically divide the sale value of the artwork between the artist and curator, and deposit the funds into the respective bank accounts based on the percentages set.
The Exhibit’s sales success fee and credit card processing fee, which are incurred when a sale is successfully made on the platform, will be deducted from the Curator’s share of the revenue. This is because the Curator is the one hosting and managing the exhibition.
To make sure the Curator can always cover any fees associated with exhibiting on The Exhibit, the minimum percentage able to be defined for a Curator’s share is 20% of the displayed artwork price. And to make sure the Artist is always fairly remunerated for their artwork, the minimum percentage able to be defined for an Artist’s share is 50% of the displayed artwork price.
The maximum amount able to be defined for a Curator’s share is 50% of the displayed artwork price, and the maximum amount able to be defined for an Artist’s share is 80% of the displayed artwork price.
NB: If you are both the Curator and the only Artist in your exhibition (self-curated), you won’t enter into a revenue share arrangement and will receive 100% of the displayed artwork sale price (less any fees associated with making an artwork sale).