Many artists sell their artworks commercially. They could be paintings, sculptures, music, etc. Now, because there’s a strong business angle to it, it’s always a must to arrange a formal contract before bringing an artist under your artist management agency or firm. That formal contract is an artist contract agreement. It’s the type of document that will solidify your professional relationships with talented artists. That said, you certainly should download our Sample Artist Contract Templates! You can view them here.
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What Is an Artist Contract?
An artist contract form is a legally binding document between an artist and an artist management firm. It ensures that both an artist and manager or promoter will receive compensation from selling or publishing an artwork. It also protects both parties from damages if ever one of them will deviate from the agreement.
Other terms for artist contracts are performing artist contracts and performer agreement contracts.
How to Make an Artist Contract
As an artist manager, it’s your responsibility to establish a mutual and fair association with an artist. Win-win deals are a must in the art industry. So make sure to follow these steps in making an artist management contract before you commission an artist.
Step 1: State Information of Both Parties
It’s essential to clarify the entities involved in a contract. In this case, those entities are you, the artist manager, and the artist. You have to input complete information of the both of you, especially full names, contact number, email address, and location address. That makes it easy to contact one another if ever there are occurrences that concern the agreement.
Step 2: Specify the Type of Work
There are many kinds of artists. There are musicians, painters, sculptors, actors or actresses, etc. Some of them do visual arts, and some do performing arts. That said, you have to specify what type of entertainment work or artwork the artist does. In other words, you have to state his or her responsibility in the agreement.
Speaking of responsibility, you also have to specify your obligation as the artist manager. That includes promoting the artist and searching for opportunities to showcase his or her masterpieces.
Step 3: Establish Terms and Conditions
Terms and conditions are crucial components of contracts. You have to establish them in your artist contract. It should clearly state the rules that both of you and the artist must follow when you both sign the document. That includes the ways on how you’re going to split profits.
Step 4: Set Grounds for Immediate Termination
To protect yourself from damages caused by the artist’s negligence or violations, you have to set grounds for immediate termination. It’s better to cut your deal with an irresponsible artist, no matter how talented he or she is. An artist who fails to fulfill his or her duties in the agreement is a liability. And that can affect your management firm’s reputation.
What makes a good artist?
Anyone can be an artist. If a person can create something original, that person can be considered an artist. But merely being able to create something original doesn’t make a good artist. A good artist has the ability to make simple things look and feel beautiful. They’re capable of conveying emotions through their masterpieces and amaze us at the same time.
Do I need a license to be an artist manager?
Yes, you need a license if the artist is paying you a portion of his or her talent fee. But, if the firm is paying you, there’s no need for a license. However, it’s better to secure an artist manager license to be sure.
How much does an artist manager earn?
There’s no exact rate of how much artist managers earn. But according to TuneCore, they earn 15% to 20% of the artist’s income. With that in mind, an artist manager’s income depends on how much money the artist makes.
Professional relationships with an artist can get complicated at times. Artists are very expressive people, which also means they want more freedom in doing their work. But that’s one of the traits of talented artists. They’re your assets as an artist manager. So keep your connections with your artists secure by arranging contracts. And for that, don’t forget to download our artist contract examples!
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