Monday, February 14, 2011

Funding Creativity

Kelli Agodon has an interesting post today about Kickstarter. According to their web site, they're the largest funding platform for creative projects in the world. 

This strikes me as really intriguing because just this week the Governor of our neighboring state (Kansas) issued an executive order ending the State's Art Commission. It's a battle that may not be over because many are pushing the legislature to intervene.  Still, it is a sign that many state funded Arts Commissions may be in for bumpy roads ahead.

But looking at the site, Kickstarter offers a platform for small projects that be below the level of some Arts foundations as well as some larger ones. On one page I saw a project that was looking for over $70,000 and another for just over $400 so their is a bit of variety.

People can scan through the projects and find one or more that interest and pledge a dollar amount to help fund the project. It can be as little as $1.  If the project fails to reach it's goal, no funds are transferred - your pledge is not honored. Only if and when the project becomes fully funded are the funds withdrawn from your account. Amazon acts as the middle man for the sake of collecting the funds.
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