Dallas Art News reported in August that the Contemporary Art Museum Houston (CAMH) was campaigning to bring Andy Warhol to Houston. CAMH was trying to raise the $32,000 it would take to bring Rob Pruitt’s The Andy Monument to H-town. With only hours left for their IndieGoGo campaign, it looks like they will fall very short.
CAMH had already raised $2,000 when Dallas Art News first posted our report. As of today CAMH’s IndieGoGo campaign has only reached $5,005 with a mere forty hours remaining.
Fund raising sites like IndieGoGo, Kickstarter, Razoo, Fundly, Go Get Funding and others seek money for projects outside the traditional methods. Instead of working with a bank or raising funds locally, today’s entrepreneurs are going online and asking for support from a global audience. And these online sites are more than happy to help while also collecting anywhere from 3 to 5 percent of the money collected.
All of the online fundraising sites have different purposes and rules. Some sites are for nonprofits only. Some sites will give whatever money is raised to the campaigner, while others will return the money to the donors if the goal is not reached.
Many artists have already used online fundraising. CAMH is the first time we have seen a museum try this approach for bringing art to the masses in Texas.
CAMH’s IndieGoGo campaign to bring The Andy Monument to Houston needs another $26,995 by midnight on Monday, October 1, 2012. Click here to contribute.
Andy Warhol Update
It has come to our attention that CAMH’s IndieGoGo fundraising campaign may not have been their only effort to bring The Andy Monument to Houston. Dallas Art News does hope CAMH succeeds in getting Andy Warhol. It appears the IndieGoGo campaign for museum fundraising is a bust.