Monday, June 9, 2014

How to Fund-raise With an Art Auction

An art auction is a sophisticated and easy way for a nonprofit organization to raise money. Such a fund-raising event is simple to organize, and will attract buyers eager to spend money on high-quality artwork. The best part is that fund-raising with an art auction requires little overhead.

Instructions

    1

    Look for artists who are willing to donate art. Let them know that art auctions give them a chance to receive free publicity, and disclose how you plan to promote the event.

    2

    Help the artists choose a minimum bid for their work. You will want to convince the artist to keep the price in a reasonable range in order to prevent scaring off potential buyers.

    3

    Make sure the venue you choose is spacious. It will need enough wall space to display the different pieces of art. Use lights and backgrounds to highlight the works.

    4

    Put together a program that gives the artists' biographies as well as information about the works up for auction.

    5

    Hire a personable and experienced auctioneer who is knowledgeable about art. You want the buyers to be entertained as they bid on the pieces. If they are in a good mood, they are more likely to spend more money.

    6

    Provide notes to the auctioneer on the artwork being sold. The emcee should be able to provide a detailed description to the potential buyers.


An art auction is a sophisticated and easy way for a nonprofit organization to raise money. Such a fund-raising event is simple to organize, and will attract buyers eager to spend money on high-quality artwork.

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. The best part is that fund-raising with an art auction requires little overhead.

Instructions

    1

    Look for artists who are willing to donate art. Let them know that art auctions give them a chance to receive free publicity, and disclose how you plan to promote the event.

    2

    Help the artists choose a minimum bid for their work. You will want to convince the artist to keep the price in a reasonable range in order to prevent scaring off potential buyers.

    3

    Make sure the venue you choose is spacious. It will need enough wall space to display the different pieces of art. Use lights and backgrounds to highlight the works.

    4

    Put together a program that gives the artists' biographies as well as information about the works up for auction.

    5

    Hire a personable and experienced auctioneer who is knowledgeable about art. You want the buyers to be entertained as they bid on the pieces. If they are in a good mood, they are more likely to spend more money.

    6

    Provide notes to the auctioneer on the artwork being sold. The emcee should be able to provide a detailed description to the potential buyers.

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