Elaine Grogan Luttrull is a CPA and founder of Minerva Financial Arts, a company that increases business and financial literacy for artists and arts organizations. She also runs the Business & Entrepreneurship department at Columbus College of Art and Design in Ohio. In this episode of the Thriving Artist Podcast, Elaine provides insights on the types of financial decisions that directly impact the purity of one’s art! Topics include:
- The big financial questions (budgeting, pricing, taxes…)
- Tax issues artists face
- How do artists choose an entity type?
- Impacts of entity types (for taxes, health care types, creditworthiness)
- Overcoming the emotional barrier of art vs. business concerns
- The “Starving Artist” stereotype
- How financial literacy impacts artistic purity
- What financial decisions say about an artist
- Pricing of art: intrinsic value vs. commodity
- Financial literacy as a path to more money
If you’re a working artist, feel free to visit our Grants page. If you’re an arts industry professional, collector, or business specialist, or a working artist who would like to be interviewed, visit our Teach and Learn page. As always, even a modest donation is meaningful; and that page is here.
Finding This Valuable?
Bring more with a gift of any amount. Even small ones help.
- Sales Conversations: Don’t Fix Everything - May 16, 2019
- How to Sell More Art? An Unexpected Answer - May 12, 2019
- If You Build It, They Will Ignore It. Unless… - May 9, 2019
- What Literary Artists Can Learn from Visual Artists - April 25, 2019
- Professionals Need Not Apply—Originals Only - April 8, 2019
- CHF Panel Presents “Artists Taking Charge of Their Business” - March 21, 2019
- What Not To Do When Outsourcing Your Business - March 12, 2019
- Being My Own CEO: How I Modified My Mentality, Conversations, and Culture - March 19, 2019
- Tighten Your Sales Strategy, Then Refuse to Compromise—Donna Lee Nyzio - March 12, 2019
- The Truth and BS About Outsourcing Large Chunks of Your Business - February 23, 2019