Crowdfunding: What It Means For The Arts

In the increasingly competitive environment for arts funding, artists and emerging organizations are finding both access and success through crowdsourcing platforms. As part of its Professional Development Series, the Lehigh Valley Arts Council is presenting a crowdfunding seminar, featuring the largest arts fiscal sponsor in the country, Fractured Atlas, on Tuesday, June 2, 2015, at Penn State Lehigh Valley from 5:30 to 8:00PM. Fractured Atlas helps more than 3,500 artists and organizations in every discipline to find funding and other resources to support their creative projects. With fiscal sponsorship, one can solicit tax-deductible donations and apply for grants; the sponsored “project” might be a one-time collaboration or an independent artist or even an arts organization that does not have its own 501(c)(3) status. “The popularity of crowdfunding is definitely on the rise,” says Randall Forte, executive director of the Lehigh Valley Arts Council. “We are pleased to offer the arts community this opportunity to learn first-hand how it works.” Fractured Atlas Project Specialist Theresa Hubbard from the New York office will serve on a panel with local arts professionals who have used the program. Hubbard will explain the application process and the many of the ancillary benefits that the company provides, such as marketing and ticketing services. The basic criteria for eligibility to attain a fiscal sponsorship are: 1. You must be a Professional or Organizational member of Fractured Atlas. 2. You must submit the online application. 3. Your project must be artistic. 4. Your project must have some public benefit and be non-commercial in nature. Refreshments will be provided. The fee is $30 for Lehigh Valley Arts Council members, $50 for nonmembers. Registration is required. To order tickets, visit LVArtsCouncil.org.

***

About the Lehigh Valley Arts Council The Lehigh Valley Arts Council is the region’s central voice for the arts, promoting arts awareness and advocating its value while strengthening access to the arts for all citizens in our community. The Arts Council’s mission is to promote the arts; to encourage and support artists and their development; to assist arts organizations; and to facilitate communication and cooperation among artists, arts organizations, and the community. Services include arts research and advocacy, professional development seminars, publications, and cooperative regional marketing initiatives.

***

Lehigh Valley Arts Council 840 Hamilton Street, Suite 201 Allentown, PA 18101 610-437-5915 / operations@LVArtsCouncil.org www.LVArtsCouncil.org / www.LVArtsBoxOffice.org