Yes, Kickstarter raises more money for artists than the NEA. Here’s why that’s not really surprising: During a session at the Aspen Ideas Festival, Aspen Institute president Walter Isaacson asked Perry Chen, founder of Kickstarter, whether it was true that Kickstarter now funds more arts-related projects than the National Endowment for the Arts.
The crowdfunding site has, Chen told Isaacson, funded over $600 million in arts projects. “And,” said Isaacson, “that might be now more than the federal government spent on the arts in a given year?” adding a bit later that “in some ways… you’ve invented something that does what the NEA used to do and can’t quite do now.
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