Readers like you keep news free for everyone.
More than 5,000 readers have already pitched in to keep free access to The Journal.
For the price of one cup of coffee each week you can help keep paywalls away.
# covering the costs
Want to get a project successfully crowdfunded? Make sure it's about the arts
Fund It has seen more than €2.15 million pledged to 595 projects, with 179 being involving theatre, dance, opera and poetry performances.
MORE THAN €2.15 million has been pledged to Irish projects over the past three years.
Celebrating its third anniversary today, Fund It has revealed that 595 Irish projects have been successfully funded since it began in 2011.
More than 43,000 pledges were made to these projects, resulting in a 75 per cent success rate for projects. Up to 19 per cent of those pledges came from abroad, with people from 60 different countries contributing to these projects.
To put that into perspective, Kickstarter – one of the more popular crowdfunding sites globally – saw 13,300 backers from Ireland pledge €1.7 million to projects in the five years it been around.
The most popular projects funded came from the arts, with 179 theatre, dance, opera, and poetry performances funded during this period. The next most popular type of projects was film which saw 111 projects funded followed by music albums, books and magazines and visual art events.
Fund It is run by the non-profit organisation Business to Arts. Both it and Kickstarter adopt a all-or-nothing approach, meaning if a project only receives funds if its target amount is reached.
Read: Following the crowd: How crowdfunding changed the way projects are made >
Read: In ‘unique event’, Irish priest invites LGBT people to speak from the altar >
