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Master Course of Art management and Exhibition design, Art curation and Become an Art curator
You may wonder if this is the right time to start a business. And make no mistake, art galleries are a business. While you don't have to go it alone, having a passion for art is only part of the equation! Of course, both a love of art and a creative interest in artists are meaningful to becoming an art gallery owner.
Art galleries are big business, contributing to a $45 billion dollar global industry based on this model. However, the internet and cost of real estate in the world's top cities has increasingly rattled the relevance of art galleries.
The profit an art gallery can make is variable. Bloomberg reports that the average profit margin for this kind of business is 6.5 percent. Obviously, the amount of profit is tied to the amount of art sold and the price of that art. Almost every art gallery – at least, every successful art gallery that's able to stick around long-term – makes money in some way. Most art galleries aren't in it for the money, but of course, they need some revenue in order to keep their doors open.
In collaboration with many collectors and artists, “gallery owners” have also defined a set of criteria for evaluating the professionalism of galleries: loyalty to artists, commitment to their success, ethics, accessibility to the public, provision of services to collectors and more.
A commercial gallery is a for-profit business with a transactional model: collectors buy pieces of artwork on display so both the gallery and the artist get a cut of the revenue. These spaces typically curate selective shows based on what's likely to sell (by extension boosting their reputation in the art world).
This course will deliver the 5 lectures:
1. Introduction and Purpose of Art Gallery
2. The past, present and future of the art gallery business
3. Opening a Successful Art Gallery: Where to Start
4. The main positions in an art gallery
5. Organize and Curate a Successful Group Art Exhibition
Art gallery | Art gallery management | Art management | Exhibition design | Curation | Curator | Art curation | Art curator | Art
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