Survey Reveals Debt as a Persistent Issue for Artists Across All Career Stages

A recent survey conducted by art advisor Paddy Johnson reveals significant insights into the struggles and optimism of artists across varying career stages. Despite financial challenges, artists continue to believe in the potential of their careers. The “New Visions” survey, drawing responses from over 1,000 artists, highlights that 45% of artists earned less in 2025 than the previous year, with 56% working through debt, increasing to 59% for those with gallery exposure.

Johnson’s survey, aimed at artists often overlooked by mainstream market reports, found that 75% earn less than $15,000 annually from their artistic practice. Nonetheless, 73% remain optimistic about their career prospects. The survey categorized artists into four career phases: Emergence, Expansion, Elevation, and Zenith. Challenges such as securing exhibitions and revenue were prevalent, especially among less established artists, while financial concerns persisted even for those in the Zenith phase.

The survey also revealed that a vast majority of artists (91.1%) lack formal estate plans, manage their social media themselves (94%), and use inconsistent record-keeping methods (71%). Additionally, 57% hold outside employment to support their practice. Despite these hurdles, artists prioritize saving, with 79% putting money aside, and 78% engaging in regular exhibitions.

Johnson notes the universal nature of certain struggles in the art world, where making valuable connections is key but varies by career stage. Emerging artists seek gallery inclusion, while more established artists crave institutional acknowledgment. The findings shed light on the nuanced challenges artists face, yet their unwavering belief in their creative endeavors remains a prominent theme.