Connect with us

Crowdfunding

The Café of the Arts premieres retractable bleachers financed by crowdfunding

The young team of the Café of the Arts has had to turn to crowdfunding to secure their future. Each seat in the café has a history, great sentimental value, and many memories, but they had to make changes to offer a higher quality experience to the public and the artists themselves. Crowdfunding has become an increasingly important tool for cultural projects in lieu of state funding.

Published

on

This picture show an old and classic building.

The Café of the Arts has just installed a brand new retractable bleacher in its living room, financed through a crowdfunding campaign with the help of many people and last September, the Café of the Arts launched the crowdfunding campaignEl Café te sienta bien‘ (The Café suits you) to get the necessary funding to build the retractable bleachers. The workers of the café recalled a statement from the Café of the Arts, saying that the objective was to increase visibility and useful workspace, as well as to save time and energy in every assembly and disassembly of the hall.

Discover the world’s most interesting financial news with the Born2Invest mobile app. The app provides its readers with access to the latest news in the stock market, finance, global business, and also trending topics like bitcoin, cryptocurrency, and crowdfunding.

Renovations in the Café of the Arts

Running nearly 100 performances per season for 10 years, the Café of the Arts team had worked on disassembling and later reassembling the seats within the interior for each performance. Even in doing so, the visibility in the theatre was still greatly minimized regardless of seats being removed as they seat themselves simply took up too much space. As a result, conditioned the development of the circus classes, the work of the companies and the rest of the activities.

Cristian Londoño, the co-director, stated that “It’s difficult to make such a decision because the seats are part of the collective imagination of our room, its hallmark. Each seat has a history, great sentimental value, and many memories, but we need to make this change in order to offer a higher quality experience to the public and the artists. We trust that the great family of the Café of the Arts that we have been creating over the last 10 years will help us and accompany us in this transformation.”

Campaign rewards

Joy overcame the Café of the Arts team when 102% of the €10,000 needed for the construction of the stands was collected within just 40 days of the campaign run period. In exchange for the financial support needed for the creation of these bleachers, participants (depending on the amount of the contribution which ranged from €10 to €500), will receive various rewards. Rewards will range from cloth bags and tickets to shows to being able to put their name on the wood of the bleachers or to receive free subscriptions to circus classes or to keep one of the seats that will be retired as a souvenir.

As governments increasingly cut arts and culture budgets, crowdfunding has provided a new way for these important institutions to secure the necessary funds to continue operations. Over time more projects like the Café of Arts will continue to seek funding from large groups of individuals, rather than relying upon government grants and lump sum donations from wealthy philanthropists.

__

(Featured image by analogicus via Pixabay)

DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.

This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.

First published in eldiariocantabria, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.

Olivia McCall is passionate about education, women and children’s rights, and the environment. A long-time investor, she covers news about the latest stocks (lately marijuana and tech), IPOs and indices, and is always on the lookout for socially responsible startups. She also writes about the food sector, and has a keen interest on cryptocurrencies.