write a 1 page budget for the project
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Office of Public Art www.publicartpittsburgh.org Sample Public Art Budget $100,000 Project This document is only a guide. It provides a template for a public art project where the artist is responsible for the design, fabrication, and installation of an artwork. The percentages outlined for each section of this budget should be reallocated based on the specific circumstances of an individual project. Description: Amount: Artist Design and Project Management Fee (20%) Includes artist design fee and costs of managing the project. May also be used to pay artist’s assistants and other management consultants hired by the artist. $ 20,000.00 Fabrication (30%) $ 30,000.00 Can be paid by to a fabricator(s) hired by the artist, paid to the artist who completes their own fabrication, or a combination. Includes cost of fabrication drawings. Installation (20%) $ 20,000.00 Includes all costs associated with site preparation, transportation of artwork, installation of artwork, lighting Insurance (5%) $ 5,000.00 Varies according to location. Can include general liability and fine arts insurance. Artist Travel (5%) $ 5,000.00 When an artist is not local to the site, or has to travel to visit the fabricator. Professional Consultant Fees (5-10%) $ 6,000.00 Examples of consultants include: conservator assessment of artist proposal ( highly recommended), required construction drawings or approvals by architect or engineer, lighting consultants, etc. Contingency (10% of Budget) A fund to pay for unforeseen costs or changes associated with the artwork. If not used, can be paid to artist or invested in maintenance fund for this artwork. $ 10,000.00 Documentation of Artwork (1%) $ 1,000.00 Signage, Educational Materials and Programs (3%) $ 3,000.00 TOTAL PROJECT COSTS: $ 100,000.00