5 Essential Financial Reports Every Gallery Owner Should Review Mid-Year
We're halfway through 2025, and if you're like most gallery owners, you're juggling summer exhibitions, planning fall programming, and maybe wondering how your finances actually look right now. The art world moves fast, but successful business decisions require stepping back from the creative whirlwind to examine the financial foundation that supports everything you do.
Art Fair Season Finances: Budgeting and Tracking Your Exhibition Investments
Art fair season is like the creative world's version of the retail holiday rush – exciting, exhausting, and potentially very profitable if you do it right. But here's what most artists and galleries don't talk about: art fairs can also be massive money drains if you don't approach them strategically.
How Art Galleries Can Assess Investment Value
As an accountant specializing in the art market, I've observed that successful investment assessment in art combines objective financial metrics with understanding market dynamics unique to the art world. Let me share insights I've gained from working with numerous galleries and dealers.
12 Budgeting Strategies Art Galleries Should Consider
As an accountant for art galleries, I've seen firsthand how proper budgeting can make the difference between a thriving gallery and one that struggles to keep its doors open. Let's explore twelve proven budgeting strategies that can help your gallery succeed in today's dynamic art market.
Art Galleries: Your Guide to 1099s
As an accountant for art galleries, I often hear the same question every January: "Do I really need to send 1099s to all my artists?" The short answer is most likely, but with recent changes to third-party payment reporting, it's more complex than ever. Let's break down everything art dealers need to know about handling 1099s correctly.