Inspired by Amanda Palmer’s blog today about where the hell all the money she’s raising on her Kickstarter will go ($801,825 as of this writing), I thought I’d break down my own NY_Hearts: LES budget and share where my campaign for $5000 will go.
$2100 covers production expenses. I’m paying actors, a sound engineer, and an associate producer. It’s a shoestring budget, and because the theater space is the Lower East Side I don’t have the overhead of theater rental, which would typically add another $15,000 to the budget.
$2878 is goes to hiring a press agent and printing. You may ask, “Why isn’t this line a round number?” It’s because I must cover the payout to businesses of goods and services for each journalist or reviewer who takes the journey. The press ticket is free, but I still have to pay for food and classes for any person – including press.
Finally, Kickstarter takes 5% of the total raised. In reality, I must raise about $5500 to cover all my expenses. Obviously, Kickstarter is a make it or lose it situation, so if I don’t reach my $5000 goal, I don’t get anything, which means I’ll be footing the bill for most of it and I will end up doing my own press hustling. It would be great to not have to personally take on the financial burden or hustle of garnering press so I can spend time creating the best experience possible.
WHAT DO YOU GET?
Some have asked what you get for the experience, and I think it’s a great deal. Participants get a yoga class, a drink from a bar, a special from a coffee shop, an item from a retail store, and a meal at a restaurant. They also get what I think is a sexy and provocative story that kicks off an 18 month transmedia narrative. It costs less than dinner and a show, and you get so much more with NY_Hearts: LES.
THE BIG PICTURE
In comparison to what Amanda’s raised my goal is meager, but it all goes somewhere and I don’t see much back. The monies from ticket sales in July go straight back into the project, which is an 18 month endeavor, including the NY_Hearts neighborhood experiences, a web series and another live experience for the winter of 2013-14. In addition to those three tent pole productions (which really feel more like seven productions once all five of the neighborhood experiences are complete) I’m including morsels of story through visual art, music, and social media platforms to color and shade the narrative.
Right now, I’m at $800 of my $5000 goal. I have 22 days left. Please, consider pledging. You can get 30% off tickets if you’re an early bird donor at $40, and if you pledge only $25, I’ll integrate a sentence about someone you love or loved into the NY_Hearts: LES experience.
Thanks tons, and hope you can pledge your support today: