In an interview with Talking Points Memo, Co-Founder Yancey Strickler said that Kickstarter might actually crowdsource fund $150 million in 2012, which is $4 million more than the National Endowment for the Arts’ 2012 operating budget of $146 million. “Our entire lifetime funding is about $150 million,” said Strickler, “But $99 million was pledged last year alone.”
I have two reactions to this. First, I am delighted that a private, for profit enterprise, has been able to raise so much money for the advancement of the arts and artistic projects. Second, I am shocked that the NEA has that small of a budget. The NEA is “dedicated to supporting excellence in the arts, both new and established; bringing the arts to all Americans; and providing leadership in arts education.” I believe that the arts are fundamental to American society and wish they had a bigger budget to allow them to do even more good.