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Creating a Budget: How to figure out your real project budget

by Nancy Scerbo-Berlinger, courtesy of Creative Capital Foundation

Creative Capital prepared these notes for Creative Capital grantees, which may be useful for all grant seekers.

Expenses: Pay yourself! This is a new concept for some artists, but it's smarter to figure out now what your time is worth, represent this time in your project budget, and raise money based upon these real costs than to underbudget the project and wind up maxing out your credit cards with expensive, last-minute charges and cash advances. Here are two ways to represent your time in your project budget:
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