Nuts and Bolts: New Earnings Thresholds Effective 1/1/21
October 16, 2020
Nuts & Bolts – New Earnings Thresholds Effective 1/1/21
Introduced 7 years ago, the quarterly thresholds for artists’ earnings were announced in July of 2013.
1Q = $150 2Q = $150 3Q = $150 4Q = $300
Artists who meet or exceed the quarterly threshold earn Premium Earnings (double). Artists with more than one storefront can combine store earnings to reach the thresholds.
Note: Stock Card Creations earnings are not eligible toward meeting the thresholds.
Effective 1/1/21, GCU will be increasing the quarterly threshold amounts.
The new thresholds are as follows and will first be reflected in 1Q 2021 earnings:
1Q – $250 2Q – $250 3Q – $250 4Q – $500
Please let us know if you have any questions.
The difference is made in the details!
Mindy
GCU Community Manager
GCU Community Manager
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