Financial Survival of Performing Arts
I guess the question that I get asked most often is, how do I get money? How do I get funded? It’s a great question. Many times, I wish I had better answers. Basically, I guess there are different approaches. It is vital to discuss funding for any performing arts education including online performing arts education.
Tips To Finding Funds
Apply for Grants
Depending on where you are, for example, if you live in Europe, there are a lot of grant opportunities. If you live in the States, there are fewer, but there are still some grant opportunities. Basically, the first thing that you do would be to apply for all the grants and keep it up. Keep applying and reapplying, eventually, you’ll get one.
Do Crowdfunding
Now, for the cases, for all the times that you don’t get the grant, which are quite a majority in our history, we did some Kickstarter campaigns. We were able to crowdfund. This works for many small companies. Sometimes, you can get a partnership. It is very valuable to be in partnership with cultural foundations, cultural institutes, and different institutions.
Get Sponsors
There are many institutions that chip in, maybe a rehearsal space, some money for the set, or payment for the artists. This is how you kind of puzzle together a bigger budget. Of course, another possibility is finding actual sponsors. If you’re a good manager and if you’re a good promoter of what you’re doing, you can get big brands excited about being associated with your experience. That’s when they would sponsor, and your life would become a lot easier.
Start With a Zero Budget
The other approach is going basically on, which I discovered here in New York City. Never crossed my mind before, but I feel like it’s a very important approach to, at least, know. The idea of creating something on a zero budget. You can start with a no-money budget and see what you can do without anything.
It’s crazy, but it turns out that you can do without anything. Almost anything that you can do with a small budget, with a medium budget, and at the end of the day, with a big budget. It’s really a matter of perspective.
