Skip to content

Nuts and Bolts: New Earnings Thresholds Effective 1/1/21

October 16, 2020
nuts-and-bolts-head
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
No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: