The Montalto Sculpture Prize is an annual $30,000 acquisitive prize open to artists working in any medium. Entries for the following year open at the beginning of August and close at the end of October. The judging panel then selects a shortlist of finalists from all of the entries in early November.
The Finalists are invited to install their work towards the end of January, at which time the judges will determine a winner, announced at the opening in February. The winning sculpture wins its creator $30,000 and Montalto acquires the work. The Mitchell Family Award, a $1000 non-acquisitive Award is also announced at the opening.
All of the Finalist works form the Exhibition which remain in place until end October. All of the non-winning Finalist works are available for purchase.
Visitors can vote for their favourite work, the artist whose sculpture receives the most votes receives $1,000.