cycle
SOUDIO CURRENTLY OPERATES IN A 4-PHASE CYCLE
| INITIATE |
JUNE 2023 - NOVEMBER 2023 | $125 / MONTH
ARTISTS AND ONE PATRON COMMIT TO AN INDIVIDUAL TOTAL OF $750.00 DELIVERED ON OR BEFORE NOVEMBER 30TH 2023. ARTIST PAYOUT EQUALS THE TOTAL INDIVIDUAL ARTIST CONTRIBUTION PLUS A $125 PATRON CONTRIBUTION.
Note: The fourth quarter is infamously difficult for individuals who operate on a freelance/adjunct/consulting schedule. The December 10th payout deadline has already proven successful in its timeliness at the year’s end, by providing funds when an artist’s income opportunities have slowed.
| CREATE |
JANUARY 2024 - JUNE 2024 | $150 / MONTH
ARTISTS WHO HAVE SUCCESSFULLY COMPLETED THE INITIATE PHASE WILL BE INCLUDED IN THE CREATE PHASE, ALONG WITH ARTISTS WHO COMMUNICATE THEIR PARTICIPATION ON OR BEFORE DECEMBER 10TH OF THE PREVIOUS YEAR. ARTISTS AND PATRONS COMMIT TO AN INDIVIDUAL TOTAL OF $900.00 DELIVERED ON OR BEFORE JUNE 30TH 2024.
TOTAL ARTIST CONTRIBUTION + ($150 X THE NUMBER OF PATRONS) = ARTIST PAYOUT
| SCALE |
JUNE 2024 - NOVEMBER 2024 | $200 / MONTH
because of the intended overlap, THE SCALE PHASE IS RESTRICTED TO ARTISTS WHO HAVE SUCCESSFULLY COMPLETED THE INITIATE PHASE AND/OR THE CREATE PHASE. ARTISTS AND PATRONS COMMIT TO AN INDIVIDUAL TOTAL OF $1200 DELIVERED ON OR BEFORE NOVEMBER 30TH. ARTIST PAYOUT IS CALCULATED USING THIS FORMULA:
NUMBER OF ARTISTS x $200 X 6 + NUMBER OF PATRONS x $200 X 6
÷ NUMBER OF ARTISTS
Example: 3 artists | 2 Patrons
(3 x $200 x 6) + (2 x $200 x 6) ÷ 3 =
$2000 Individual Artist Payout
| DORMANT |
DECEMBER 2024 - MAY 2025 | $0
THIS PHASE IS INTENDED TO ALLOW FOR THE PRODUCTION OF THE PRINT PORTFOLIO, INCLUDING ALL ARTISTS WHO HAVE PARTICIPATED, IRRESPECTIVE OF THEIR MONETARY CONTRIBUTION. MATERIALS, TRAVEL, PER DIEM, AND AN HONORARIUM WILL BE PROVIDED DURING A 4-7 DAY ARTIST RETREAT.
(((DEVELOPING)))