ArtLease is a low cost and tax-deductible lease that enables clients to display museum quality fine art. All services are turnkey.

COMPONENTS OF PRICING:
     • Client objective.
     • Size of space.
     • Quantity of work.
     • Demographic.
     • Additional rotations, if requested.
     • Art video, art lighting and site-specific installations are possible under ArtLease.

ArtLease term is three years. ArtLease payments are made annually in advance.

MINIMUM ANNUAL ARTLEASE PAYMENT: $15,000 annually in advance. On leases in excess of $100,000 per annum, payments may be made quarterly in advance.

SALES TAX is charged when applicable.

UCC-1 filings, security for the owner, may be made.

TAX DEDUCTIBLE:  ArtLease payments may be deducted as ordinary and necessary business expenses under Section 162 of the Internal Revenue Code since the lease is a true lease and not a conditional sales agreement. See Revenue Ruling 55-540. Check with your tax advisor.

TURNKEY SERVICES: ArtLease includes the art work, Curatorial assistance, framing, transportation, preparation, installation, de-installation and insurance.

PURCHASE OPTION: May be available. The price is set at the inception of the ArtLease term.

VALUE: ArtLease enables you to display museum quality at a fraction of the price that you would pay to purchase the works of art.