Funded! This project was successfully funded on October 17, 2011.

Update #4

Final update

2 comments

Hi everyone -

I've just sent out the last round of rewards packages (to US & Canada), so let me know if you don't get them within a week. I've got one more set of postcards and a couple of private concerts, but otherwise that wraps this project.

For the curious, and in the interests of transparency, here is the complete financial breakdown:

195 backers, totalling $11,283 pledged.

RECEIVED FROM KICKSTARTER: $10,374.95 after Amazon & Kickstarter took a combined commission of $908.05 (about 8%). (Also, this considered taxable income up to the normal 30% rate, but I should be able to minimize that due to all the recording-related expenses detailed below.)

Backer breakdown (costs are approximate since mailings had various sizes, contents, and destinations):

61 at $10 (digital download of the album): gross $610, cost to fulfill: $0; net 100% of donation
63 at $25 (signed copy of the CD): gross $1575, approx. cost to fulfill: $450; net 70%
24 at $50 (signed copy of the CD; all four of my chapbooks): gross $1200, approx. cost to fulfill: $310; net 75%
9 at $75 (signed CDs, chapbooks, postcards from tour): gross $675, approx. cost to fulfill: $170; net 75%
23 at $100 (signed CDs, chapbooks, named in liner notes): gross $2300, approx. cost to fulfill $300; 87%
2 at $250 (signed CDs, chapbooks, named in liner notes, digital copies of album demos, custom t-shirt): gross $500, approx. cost to fulfill $25; net 95%
1 at $350 (signed CDs, chapbooks, named in liner notes, record a cover song of donor's choice): gross $350, approx. cost to fulfill $13; net 95%
5 at $500 (signed CDs, chapbooks, named in liner notes, private home concert): gross $2500, approx. cost to fulfill $65; net 97%
1 at $1000 (signed CDs, chapbooks, named in liner notes, reward of donor's choice): gross $1000, approx. cost to fulfill $13; net 98%

Median donation: $25
Median per-donor fulfillment cost: approx. $13

Major recording costs:
- $244.97 for rehearsal space rental (9 hours @ $25/hr., plus tax)
- $7500 to producer/studio for 15 days (16 songs in 3 days of tracking, 12 days of overdubs & mixing) at $500/day
- $750 to additional engineer for 3 days of overdubs in his bedroom at $250/day
- $500 to drummer (for 3 3-hour rehearsals and 3 12-hour tracking days)
- $500 to bassist for (3 3-hour rehearsals and 3 12-hour tracking days)
- $975 to various additional musicians, in increments from $75 to $200 each, depending on contributions.
- $1391.83 for mastering

TOTAL MAJOR RECORDING COSTS: $11,861.80

Kickstarter rewards fulfillment costs:

- 51 CDs to be signed & mailed from UK for overseas donors, purchased from Xtra Mile label wholesale at GBP 5 (US$8) each: $408
- Envelopes & postage for mailing (within UK and UK->Europe) GBP75.02 (US$120)
- 77 CDs to be signed & mailed domestically to US/Canada donors, self-pressed at $1.12/unit: $86.24
- Envelopes for US mailing: $30.79
- Production costs of 284 "Complicated Gardening Techniques" zines (71 donors, each receiving 4 zines, at a per-unit cost of $1.59 from Staples): $451.56
- Postage mailing chapbooks to overseas donors: $247.64
- Postage for US mailing: $267.96
- Postage for 9 donors receiving postcard correspondence, each receiving 4-6 postcards apiece, some mailed internationally: approx. $50

TOTAL KICKSTARTER REWARD FULFILLMENT EXPENSES: $1,662.19

Thanks again, this has been both productive and instructive and I hope everyone feels happy and comfortable with their contribution. See you on tour I hope, and let me know if there's anything you haven't received.

Regards,

Franz

Comments

    1. Missing_small

      Creator happypeep on October 23, 2012

      And got all my stuff last night! Thanks, Franz!

    2. Missing_small

      Creator happypeep on October 17, 2012

      This album has been on repeated play in my mp3 player and I sent the bandcamp page to a friend that works as a music reviewer for the Aquarian Weekly. I eagerly await my CD. Thank you, Franz and may your next album get even more backers!

195
Backers
$11,283
pledged of $10,000 goal
0
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  • Pledge $10 or more
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    61 backers

    A free digital copy of the completed album.

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  • Pledge $25 or more
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    63 backers

    1 signed copy of the completed CD

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  • Pledge $50 or more
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    24 backers

    1 signed copy of the CD, plus all 4 issues of my "Complicated Gardening Techniques" chapbooks, including short stories, essays on Bob Dylan and the Subhumans, tour diaries, and more.

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  • Pledge $75 or more
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    9 backers

    The swag, plus I will personally send you postcards, twice a week, from the road on the album release tour.

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    23 backers

    The swag, plus a thank-you mention in the album liner notes.

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  • Pledge $250 or more
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    2 backers

    1 signed copy of the CD, the chapbooks, a digital copy of all the album demos (in advance), and a custom, hand-screened T-shirt.

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  • Pledge $350 or more
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    1 backer

    The swag, plus I record a cover song of your choice.

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    5 backers

    The swag, and a private concert in your home (or location of your choice). Tour schedule or other travel arrangements TBD, obviously...

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  • Pledge $1,000 or more
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    1 backer

    The swag, plus I will grow my facial hair into a design of your choice and send you a picture. (Frankly at this level of donation you can pretty much call your shot. Be kind!)

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- (30 days)