According to Throsby and Zednik, an estimated 57 percent of visual artists and 60 percent of craft practitioners applied for a grant, prize or other funding between 2004 and 2009. This is higher than most other art forms (e.g. 24 percent of musicians, and 49 percent of dancers applied for a grant, prize or other funding). An estimated 1 in 3 visual artists (35 percent) and 2 in 5 craft practitioners (41 percent) were successful in their applications over the course of 5 years.
Earnings from grants, prizes and fellowships are a particularly important source of income for visual artists, making up an estimated 10 percent of their creative income. Although craft practitioners are among the most successful grant applicants across the artforms, earnings from grants, prizes and fellowships only make up 4 percent of their creative income since their creative income is higher.