The International Cities of Advanced Sound is a network of international electronic music festivals that “aims to spark dialogue, knowledge exchange and mutual support amongst international organizations engaged with experimental sound cultures.” They help support 23 festivals world wide, with 3 in the United States. The Communikey (CKMY) Festival, one of these three, begins on 4/10 in Boulder, Colorado.
With an impressive line up of events and an even more impressive list of sponsors, the non profit organization that runs the Communikey Festival uses some wonderful language to explain being a non profit that supports electronic music. Their mission boasts that they “facilitate forward thinking cultural experiences that emphasize the intersection of sound, design and technology in artistic forms.” Just…. wow.
The Record Company is a non-profit recording studio based in Boston, MA. One of the first commercially viable recording studios to operate as a nonprofit in the country, they offer professional audio recording services while serving as an educational institution to the local youth community.
This interview with founder Matt McArthur explores the benefits and challenges of setting up a recording studio as a non-profit. My project for this class has a similar business model, it is nice to find a working example out in the field.
Patreon is a new crowdfunding concept co-founded by YouTube creator Jack Conte. The service went live in May of 2013, and continues to grow and gain in popularity. Users are divided into creators and patrons, with patrons pledging a monthly amount or on a work by work basis to the creators of their choice. They serve an online based community that creates a steady stream of output mostly in the form of online video content, and includes webcomic creators, visual artists, musicians, and bloggers among its users. By subscribing to the Patreon model, creators can generate 20x more revenue than they could from youtube ad-revenue alone. Asking its users to donate small amounts on a regular basis, as opposed to one large lump sum, is proving to be an effective crowdfunding tactic, as Patreon, in its year and a half of existence, has over 30,000 unique users and almost 10,000 creators using the service.
Bruce Dickinson is the vocalist and frontman of one of heavy metals greatest acts: Iron Maiden. At the same time he is a certified charter pilot and is investing in his own airline startup, Cardiff Aviation. He has recently been touring not with guitars and groupies, but with suits and ties delivering keynote speeches at numerous entrepreneurial conferences world wide. He now focuses much of his time speaking on how to be a successful entrepreneur and how the business of being the front man for one of most well known metal bands of all time has brought him success in the corporate world.
This is is a quick clip from a conference in Stockholm from March 2013