Crowdfunding for Artists
Many artists with big ideas feel thwarted or confused as to how to get necessary funds. Have you dreamed of having a a catalog of your work? Do you wish to mount an exhibition in another city but don’t have money for travel? Is there an ambitious project on your list that requires significant monies for material or fabrication?
There are many avenues for securing funds for your art – there are grants from foundations, government or non-profit organizations, private donations, saving your own income. In recent years, crowdfunding – raising funds through small amounts of money from a large amount of people – has offered an alternative making raising money even easier and within the artist’s direct control rather than a jury or granting organization.
Hatchfund is a non-profit organization in the United States that gives hands on support for artists to fully fund their creative ideas. What’s different about Hatchfund is that all contributions are tax-deductible and their success rate is two to three times higher than other platforms due to their emphasis on support and education.
I had a nice Skype chat with Program Officer Stephany Campos, a who explains how it works.
How is HatchFund different?
• All the funds raised goes to the artist.
• A real life Project Manager works with each artist.
• More flexible than other crowd funding sites.
• A very high 78% success rate.
• Non-Profit so all donations are tax deductible.
More information can be found at
http://www.hatchfund.org
Please tell us in the comments section – what would YOU like money for as an artist?
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