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Calcimator

Artist Residency Cost Calculator

Per-artist cost from housing, studio, materials, and stipend.

Inputs

Results

Total cohort cost

$36,080.00

≈ 18 gaming PCs

Fully loaded cost per artist$9,020.00
Cost per artist per week$1,503.33
Direct cost per artist$7,650.00
Total admin cost$1,500.00
Annual program cost$288,640.00
Annual artist capacity32
Cohorts per year8
Cost Per Artist Day$214.76
How to Use This Calculator
  1. Enter Artists per cohort, Residency duration (weeks), and Weekly stipend per artist ($).
  2. Set Housing cost per week ($), Studio rent per week ($), and Materials budget per artist ($).
  3. Adjust Travel allowance per artist ($), Public programs budget ($) as needed.
  4. Review the Total cohort cost ($) result.
  5. Use Fully loaded cost per artist ($) and Cost per artist per week ($) to inform your decision.

How the result changes with Artists per cohort

Artists per cohortTotal cohort cost
5.9$51,555.50
18$150,110.00
33$272,285.00
45$370,025.00

What each input means

Artists per cohort
Number of artists in each residency cohort.
Residency duration (weeks)
Length of each residency period in weeks.
Weekly stipend per artist ($)
Weekly living stipend paid to each resident artist.
Housing cost per week ($)
Weekly cost of artist housing (rent, furnished apartment, or on-site room).
Studio rent per week ($)
Weekly studio space cost per artist.
Materials budget per artist ($)
Art supplies and materials allowance for the full residency.
Travel allowance per artist ($)
Round-trip travel reimbursement for each artist.
Public programs budget ($)
Budget for open studios, lectures, workshops, and exhibition per cohort.
Admin staff hours / week
Weekly staff hours dedicated to residency administration.
Admin hourly rate ($)
Hourly cost for residency coordinator/admin staff.

What each result means

Total cohort cost
Complete cost for one residency cohort.
Fully loaded cost per artist
Total program cost divided by number of artists.
Cost per artist per week
Weekly all-in cost per resident artist.
Direct cost per artist
Stipend, housing, studio, materials, and travel per artist.
Total admin cost
Staff time for residency coordination.
Annual program cost
Projected yearly cost running back-to-back cohorts.
Annual artist capacity
Total artists served per year with back-to-back cohorts.
Cohorts per year
Number of cohorts possible in 48 usable weeks.

How this is calculated

Worked example, using the default values

  1. Identify Input Parameters
    4 parameters
    Artists per cohort = 4, Residency duration (weeks) = 6, Weekly stipend per artist ($) = 500, Housing cost per week ($) = 350 = 10 input(s) provided
  2. Calculate Total cohort cost
    Total cohort cost = totalArtistCosts + totalAdminCost + totalPublicPrograms + utilitiesInsurance
    36080 = $36,080
  3. Calculate Fully loaded cost per artist
    Fully loaded cost per artist = totalProgramCost / numArtists
    9020 = $9,020
  4. Calculate Cost per artist per week
    Cost per artist per week = costPerArtist / residencyWeeks
    1503.33 = $1,503.33

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