Example: 52 applications a yearIllustrative
≈ $11,800
expected cash a year, after entry fees
About 4.9 yeses of any kind, and $730 spent on entry fees.
- Grants$4,700
- Commissions$3,700
- Residencies$2,100
- Prizes$1,200
- Open calls$800
Our assumptions for this example
- Grants. 25% of applications, 6% chance of a yes, $6,000 per yes.
- Prizes. 10% of applications, 3% chance of a yes, $8,000 per yes.
- Residencies. 20% of applications, 8% chance of a yes, $2,500 per yes.
- Commissions. 10% of applications, 8% chance of a yes, $9,000 per yes.
- Open calls. 35% of applications, 15% chance of a yes, $300 per yes.
TypeShare of applicationsChance of a yesCash per yesGrants25%6%$6,000Prizes10%3%$8,000Residencies20%8%$2,500Commissions10%8%$9,000Open calls35%15%$300