Finances of a Fledgling Festival
Scott Lykins is a creative and enterprising young musician who decided a couple of years ago to start the Lakes Area Music Festival in his hometown of Brainerd, MN. Due to Scott’s tireless efforts to present music to his local community, the festival quickly flourished. Along the way, Scott has learned how to raise money and leverage resources so that the Festival’s activities can be completely free of charge. In this article, Scott discusses his experiences, and uses the Lakes Area Music Festival as a case study to show how others might start similar initiatives and plan for financial viability. He outlines private sources of revenue, corporate support, granting agencies, and more. Scott’s article is a compilation of very useful information related to funding for music initiatives – take a look!
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