As you may recall, it was about a year ago the Henry Miller Library, thanks to all of you wonderful, generous people, build a new stage using Kickstarter.
Ahhh, yeah, sure why not?
It’s doubly-amazing cuz about 10 years ago, one of the co-founders was was telling my friend about his idea to start a web-based fundraising site while buzzed in some Lower East Side bar, and now look at them – doling out more money per year than the National Endowment for the Arts!
One of the company’s three co-founders, Yancey Strickler, said that Kickstarter is on track to distribute over $150 million dollars to its users’ projects in 2012, or more than entire fiscal year 2012 budget for the National Endowment of the Arts (NEA), which was $146 million.
“It is probable Kickstarter will distribute more money this year than the NEA,” said Stricker in an exclusive phone interview with TPM. “We view that number and our relationship to it in both a good and bad way.”
As Strickler explained, the milestone is “good” in the sense that it means that Kickstarter may now reach a point where it will funnel as much money to the arts as the federal agency primarily responsible for supporting them, effectively doubling the amount of art that can get funded in the country.
Read the whole thing!