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11/24/2009

Study Shows Artists Remain Inspired Despite Recession Challenges

Artists and Economic Recession Survey, Andy Warhol, Dollar Signs
NEW YORK, NY — The results of an art survey, released Tuesday, indicate that despite being hit hard by the economic recession, artists remain optimistic about their importance in society. In fact, 89% of those who participated in the Artists and Economic Recession Survey believe they play a special role in helping strengthen their communities during these tough times. 75% of those polled believe that overall this is an inspiring time to be in an artistic profession.

The online survey, conducted by Leveraging Investments in Creativity (LINC) from July 20 to August 17, 2009, polled 5,380 American artists, designers, writers, architects and musicians of diverse ages, genders, ethnic backgrounds and geographic locations. The study sought to find out how the recession is affecting the over 2 million artists currently living and working in the United States. 

Those surveyed indicated that the worst effect of the recession is decreased sales and/or having to charge lower rates for their works. Neither of those points is really shocking, but on a positive note, many of the artists are finding personally rewarding opportunities, regardless of hardships. 40% of the artists reported being able to spend more time on their artwork and one-third are able to experiment creatively and collaborate more with others.

Following are some other notable statistics from the survey:
  • two-thirds of the artists hold at least one job in addition to creating art;
  • two-thirds earned salaries less than $40,000 in 2008, 51% reported a decrease in income in 2009;
  • 40% said they do not have adequate health care;
  • 55% have personal websites and 43% use social media to promote their works;
  • 70% use the internet to conduct research and learn about other artists, while 23% sell their works online.
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Read More - Select Findings from the Artists and Economic Recession Survey | LINC
[Image: Andy Warhol, Dollar Signs (1982)]

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