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FINANCIAL DATA

The 1999-2000 ABS survey of Commercial Art Galleries found that commercial art gallery businesses in Australia sold works of art valued at $116.2m in the 12 months to June 2000. Businesses predominantly selling crafts were excluded from the survey. Sales of art by non-Indigenous artists were valued at $79.2m, while sales of art by Indigenous artists were valued at $27.4m. Items by overseas artists were sold for a further $9.6m. From these sales and other activities, commercial art galleries derived an income of $131.8m.

14.1 COMMERCIAL ART GALLERIES, Sources of Income - 1999-2000
		Value	Percentage contribution
		$m	%
Income from the sale of artworks
	By Aboriginal and Torres Strait Islander artists	27.4	20.8
	By other artists	79.2	60.1
	By overseas artists	*9.6	*7.3
	Total	116.2	88.2
Income from the sale of craftworks
	By Aboriginal and Torres Strait Islander artists	1.2	0.9
	By other artists	1.5	1.1
	Total	2.7	2.0
Other income		13.1	9.9
Total		131.8	100.0
* estimate has a relative standard error of 25% to 50% and should be used with caution
Source: ABS, Commercial Art Galleries, Australia, 1999-2000, data available on request.