Displaying items by tag: crowdfunding

London's Royal Academy of Arts has turned to crowdfunding to raise £100,000 ($156,358) to bring eight Ai Weiwei tree sculptures to the English capital. The trees will be featured as a part of the artist's upcoming show at the RA this autumn.

To incentivize donors to contribute towards the project, the RA is offering rewards including limited edition prints and private tours.

The Louvre kicked off its latest crowd-funding campaign on Tuesday with an appeal for a million euros to help fund the €12.5 million purchase of a jeweled piece of 18th-century furniture, known as the “Table of Peace,” which belonged to a French diplomat who negotiated the end of a Bavarian war.

After two years of budget cuts in state aid for cultural institutions, the Louvre is the second major French museum to turn to Internet fund-raising this month to pay for projects and acquisitions. For the first time, the Musée d’Orsay last week called for €30,000, or about $37,600, in contributions to help finance the €600,000 restoration of Gustave Courbet’s enormous painting of his studio, “L’Atelier du peintre.” By Tuesday, it had collected more than €20,000.

Art Basel sent around a press release this morning to announce their new partnership with Kickstarter, the culture crowdfunding site:

The Art Basel Crowdfunding Initiative will aim to catalyze international support for non-profit visual arts organizations worldwide by promoting outstanding projects to Art Basel’s extensive global audience.

With this new initiative, Art Basel will support the non-profit sector of the artworld, at a time when public funding for the arts has been dwindling. Designed specifically for non-profit arts organizations, the Art Basel Crowdfunding Initiative will offer visibility and support for a wide variety of artistic projects, including non-profit exhibitions, public installations, films, artist books, education programs, artist residencies, talks, conservation and archiving, and other innovative art projects.