November Fundraising Update
Based on our current level of donations, it still looks like we're going to be behind $18-20,000 by the end of the year. While this is an improvemement from last month where we were projected to be $35,000 in debt, we still need your help to pay our bills this year. If you're not already a supporter, please donate to SomaFM today!
If everyone who listened regularly (there are about 150,000 of you who tune in once or more a week and have been doing that for over a year) donated just $10 we would have enough money to operate SomaFM for a couple years!
By the way, here's a breakdown with our monthly subscribers, which in October we had 1700 monthly subscribers:
We bring in about $9000 a month (net, after credit card merchant fees) from our monthly subsribers, so this is a very important source of revenue for us!
If everyone who listened regularly (there are about 150,000 of you who tune in once or more a week and have been doing that for over a year) donated just $10 we would have enough money to operate SomaFM for a couple years!
By the way, here's a breakdown with our monthly subscribers, which in October we had 1700 monthly subscribers:
| $1.00/month | 16.5% |
| $2.99/mo | 24% |
| $4.20/mo | 27% |
| $7.99/mo | 18% |
| $12.99/mo | 10.5% |
| $25.00/mo | 3.5% |
We bring in about $9000 a month (net, after credit card merchant fees) from our monthly subsribers, so this is a very important source of revenue for us!
Labels: Fundraising
posted by Rusty Hodge [SomaFM] at
8:29 PM
2 Comments:
Thanks for the subscriber info, that's quite interesting. I'm wondering what the break down of costs are as well (not sure if you'll tell us or not, but just curious).
Bandwidth has to be big, payments to the record companies...
I agree with aj. I've already donated money, but I'd love to see a breakdown of the costs. In most fundraising efforts, sharing the details on fund allocation is a common part of the process.
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