Abstract: Art businesses based in Aboriginal and Torres Strait Islander communities began operating in the 1970s. They run as mixed enterprises, engaging in the commercial art market; are partly subsidised by government agencies; and provide artistic, cultural and social services to marginalised, remote area residents. Against the backdrop of a complex social and political relationship between remote Aboriginal and Torres Strait Islander people and mainstream Australia, these art businesses have attracted considerable interest for both their economic and artistic achievements. The analysis of the Aboriginal and Torres Strait Islander visual art value chain has been divided into four reports with an accompanying synthesis report. Each report focuses on important economic, social and trade issues in the art value chain. This report presents findings of an analysis of Art Centres’ financial circumstances based on income and expenditure data provided by Art Centres and government agencies.