Tag Archives: Theatre

Seattle Theater Company, Twisted Cabaret, Successfully Completes Kickstarter Crowdfunding Campaign

7 Apr

By Robert Hoskins

Kickstarter claims to have raised almost a half a billion dollars via crowdfunding campaigns to fund new business endeavors since it’s inception three years ago. The latest venture to successfully raise money is a small theater company called Twisted Cabaret. Twisted Cabaret closed funding this morning after reaching a modest goal of $11,000 to cover the costs of producing a live concert video of their Seattle show.

Frank Olivier's Twisted Cabaret & Pandemonium Vaudeville Show

Frank Olivier’s Twisted Cabaret & Pandemonium Vaudeville Show

Nearly a hundred people contributed to the project, achieving their goal and completing funding just minutes before the cutoff of 11:00 a.m. This was lucky for Twisted Cabaret, as Kickstarter only pays out to projects that make their goal. According to Kickstarter less than half of the projects hit their mark. If a goal is not reached then all the money is returned to the would-be philanthropists and the project gets nothing. Not only do the fundraisers get Twisted Cabarets eternal gratitude for their contribution, they will receive copies of the finished video.

Twisted Cabaret star, Frank Olivier said, “I feel an excited buzzing energy of ‘YES!’ inside me, knowing these people are all there, helping bring this together.” Olivier recounts the final funding countdown. “We were about a hundred dollars short of our goal with just a few minutes to go when two folks came on board and carried us to victory.”

One of the final donors and the one who took the funding across the line to success had been monitoring the progress. He wanted to be the one who crossed the finish line and so he was, with just two minutes to go he pledged $40 which was exactly how much was needed to achieve the goal. When asked how he felt about funding a project like this he said, “It was like winning a race.”

Top Money Raised; Highest Average Pledge and Best Success Rates on Kickstarter

18 Jan

Top Kickstarter Success Stories in 2012

The Economist (01/17/13) – Interesting to note the diverse type of projects, industries and products that are all now successfully using Kickstarter rewards and donation crowdfunding campaigns to raise money from the Crowd.   Games raised the most crowdfunding money overall. Technology took the lead in the most money donated per transaction.  And the performing arts took the #1 spot in the overall success rate.

Top Industries Funded by Kickstarter Crowdfunding Campaigns

Top Industries Funded by Kickstarter Crowdfunding Campaigns

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