Sustainability: Molding a Fundraiser
Becoming a sustainable organization, especially at the DIY level, is something constantly in balance at Front/Space. Over the last two and a half years, we have experienced unprecedented growth which has challenged the way Kendell and I look at finances in our small volunteer run organization. It may seem hard to believe, but our operating budget for the year is close to $18,000. With rent as our largest expense, we constantly come back to our core question: How can we serve artists and pay them for their creative labor?
We strive to provide support by the means of stipends to in-town and out-of-town artists, as well as paying a photographer to document our exhibitions. With these expenses being the foundation of our budget, we realized that we would need a variety of funding sources to close the gap between our grant from the Robert Rauschenberg Foundation and operating expenses. With multiple consultations with a variety of community partners, we decided to look into fundraising models created by similar sized DIY organizations.
We landed on the idea for Hot Hands, a live drawing and fundraising event, because we saw it as an opportunity to showcase a distilled version of our goals as a whole for Front/Space. Hot Hands is centered around a very simple format of promoting artists. One night only, artists make their work on the spot that can be purchased for a flat rate of $30.
Each artists tackles this challenge in a different way, forging new ways of thinking in their personal studio practice. We quickly realized how democratic the event can be for both those who are participating or attending. The $30 price point makes the art work extremely accessible, “leveling the playing field” between emerging and established artists. Whether you are a first time collector or a savvy buyer, anyone can witness the magic of an artwork’s creation from the artists’ hands to the finished piece on the wall.
Below are a few tips and tricks, if you choose to create your own Hot Hands or to be applied to your own fundraising model:
For more information about Hot Hands please view this article written by KCUR : http://kcur.org/post/hot-hands-pulls-back-curtain-artistic-process-annual-fundraiser#stream/0
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