TuneFund Blog

New York Times Covers Crowdfunding

The New York Times published an article (http://www.nytimes.com/2012/03/17/arts/kickstarter-and-artspire-as-models-of-arts-financing.html) about the proliferation of crowdfunding in the arts. The article focused on Kickstarter, as most crowdfunding articles do, but also mentioned Artspire.org (http://www.artspire.org) and USA Projects (http://www.usaprojects.org), two newer sites that focus on funding artists and are both non-profits. The USA Projects model is interesting in that a portion of each donation is shared:

United States Artists uses a “shared fund-raising model” that gives artists 81 cents out of every dollar, with the rest going to support training and education programs, fees and grants to other artists.

This kind of news coverage will help move crowdfunding further into the mainstream.

Posted under: Crowdfunding

Tagged as: , ,

Leave a Reply

Your email address will not be published. Required fields are marked *


5 − = 0

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>