2022 Craft ACT's Annual Report
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Megalo Open Day, DESIGN Canberra Festival, <strong>2022</strong>. Photography 5foot<br />
Income<br />
<strong>Craft</strong> ACT is committed to<br />
supporting artists to generate<br />
income to ensure sustainable<br />
professional careers, aiming to<br />
connect them to wider audiences<br />
and income sources. We are<br />
committed to growing our<br />
activities to ensure we can support<br />
more creatives and innovation in<br />
craft and design across the sector.<br />
In <strong>2022</strong> we increased artists fees<br />
by 100%, expanded the number<br />
of workshops delivered by artists<br />
and expanded our retail operations<br />
though the establishment of<br />
a pop-up Festival Hub shop<br />
which quadrupled our sales of<br />
artists work during the Festival in<br />
November. Total income generated<br />
directly by artists and designers<br />
as a result of <strong>Craft</strong> ACT and<br />
DESIGN Canberra was $485,153,<br />
approximately three quarters of<br />
this income was the result of the<br />
DESIGN Canberra Festival, $327,<br />
443.<br />
Income snapshot:<br />
Total Income $485,153 (↑45%<br />
2019)<br />
Exhibition sales $20,944 (↓68%<br />
2019)<br />
Retail shop sales $117,141 (↑57%<br />
2019)<br />
DESIGN Canberra $327,443<br />
(↑71%)<br />
During <strong>2022</strong>, we saw an overall<br />
drop in exhibition sales and an<br />
increase in retail sales which<br />
has reflected the economic and<br />
political climate of <strong>2022</strong>—the <strong>2022</strong><br />
Federal Election, employment<br />
uncertainties with returning to<br />
work post-pandemic, increased<br />
living costs, and supplier and<br />
manufacturing shortages and cost<br />
increases.<br />
The exhibition sales mirrored the<br />
ups and downs of last year, but<br />
on a smaller scale. In the first<br />
quarter we saw our second largest<br />
income yield for the year, with a<br />
downturn in the second quarter<br />
around the time the Federal<br />
Election was called and the lead<br />
up to the establishment of the new<br />
Government. The third quarter<br />
reflected the relief of the political<br />
and economic climate calming<br />
with the highest yielding income.<br />
However, in the fourth quarter,<br />
cost of living rose, and the sales<br />
dropped to our second lowest<br />
yield of the year.<br />
The retail sales mimicked the ebb<br />
and flow of last year’s figures,<br />
ending <strong>2022</strong> with a bang. The first<br />
quarter there was steady growth<br />
which exceeded the previous year.<br />
However, into the second and third<br />
quarter the sales flatlined, only<br />
recovering in time to have the best<br />
quarter of the year and a 75%<br />
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