We then sell our beautifully designed range of hand crafted products to many places across Australia, in the USA and Europe as well as in our own retail outlets.
At the end of each month our accountant downloads all sales for the month. This information is used to calculate the royalties.
Royalties are calculated as a percentage of the total sales for each artist. We don’t reveal the actual percentage paid to artists because we have license contracts with the artists which are confidential, as is usual with all contracts between any two parties. We have been working in this industry for quite a while though and know that our royalties are more generous than is the norm.
Artists receive the royalty payments monthly. On the alternate fortnight of each month the artists receive payment for paintings. The alternation of royalty and painting payments gives the artists a fortnightly income.
SOME OF THE THINGS YOU MAY NOT KNOW ABOUT ROYALTIES WE PAY
Artists who do not possess the skills needed to find employment in our mainstream society. For many of the artists, this is the ONLY regular sustainable income they generate
Thus uniting their original artworks with artisans and their traditional handicrafts from other remote regions is mutually beneficial creating opportunities for both communities to engage in a business that would not exist without each other.
Than they do from the original painting, in fact, it is the norm.
Including travelling to family or to a funeral, purchasing cars, or for food and other necessities.
This is taken from the incoming royalties. This provides flexibility for the artists and their families.
This is really important to them. Our contracts identify the recipients of royalties post mortem. The artist can select a few recipients if they wish. We manage and distribute as per the artist’s instructions.