Arts and Humanities
5:02 pm
Tue September 24, 2013

Fund for the Arts Crowdfunding Platform Raises $1 Million

The Fund for the Arts’ Power2Give online fundraising platform has raised more than $1 million so far for arts and culture projects produced by regional nonprofit organizations. 

In crowdfunding, individuals give online directly to a project, like helping an organization renovate a rehearsal or studio space. Kickstarter and Indiegogo are two popular crowdfunding platforms, but Power2Give focuses on arts and cultural nonprofits within a specific region. 

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Arts and Humanities
4:53 pm
Thu April 25, 2013

Kentucky Nonprofits Raise $300,000 in Online Giving Campaign

The Kentucky Nonprofit Network staged its first Kentucky Gives Day this week, raising $330,000 for 380 nonprofit organizations in one 24-hour online campaign on April 24.

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12:32 pm
Wed April 24, 2013

Congressman John Yarmuth's Campaign Downplays Sparse FEC Report

Congressman John Yarmuth

The campaign for Kentucky Third District Congressman John Yarmuth is downplaying low fundraising totals, saying it shouldn’t be viewed as a sign the Democratic representative isn’t running for re-election.

Federal Election Commission records show Yarmuth raised a mere $5,000 in the first three months of 2013, which is far behind his colleagues in the Kentucky congressional delegation.

According to campaign finance records, the second lowest fundraising total among House members was longtime Appropriations Committee Chairman Hal Rogers, who raised approximately $59,000 in the first quarter.

The other delegates raised somewhere between $90 to $365,000 during the same period.

Democratic sources who work on political financing tell WFPL Yarmuth's bleak numbers are a "signature of retirement" and observers note that is alarming low given how expensive House races can be.

"It is unusual there is no doubt about it," says University of Louisville political science professor Dewey Clayton. "And so to see a candidate who is an incumbent who has all the advantages, which usually means high name recognition that leads to the ability to raise funds."

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Arts and Humanities
3:58 pm
Mon February 4, 2013

Artists: Learn About Fiscal Sponsorship at Fractured Atlas Tour Stop

Federal tax-exempt status is invaluable for fundraising in the nonprofit arts world. Donations are tax-deductible, which can provide significant motivation for individuals to give, and many grants require applicants to have 501(c)3 status. But securing 501(c)3 status can be a long and complicated process. For new arts groups or smaller projects that don’t have the resources or haven’t yet met the requirements for filing, fiscal sponsorship can help.

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