URGENT UPDATE: Noisebridge, the iconic hackerspace in the Mission District, is facing imminent closure as it scrambles to raise emergency funds. The collective has revealed that it has only a few months of financial runway left, prompting volunteers to launch a critical fundraising campaign to secure its future.
According to Mission Local, Noisebridge incurs approximately $12,000 in monthly expenses but is currently operating at a deficit of $6,000 per month. Without immediate financial support, the hackerspace may be forced to charge for access or shut its doors permanently. Organizers have confirmed they have just around three months of operating costs remaining in their accounts.
In a bold effort to avert crisis, Noisebridge has set a staggering year-end fundraising target of $300,000. As of November 10, 2023, a community-driven GoFundMe has raised approximately $13,945, with a bridge goal of $50,000. Additionally, the initiative includes a matching pledge that will double donations up to $76,500, significantly enhancing their fundraising efforts.
The financial strain stems from rising costs following Noisebridge’s relocation to a two-story space at 272 Capp Street in 2020. Unforeseen expenses related to building permits and upgrades have accumulated to nearly $60,000. Compounding these challenges, a decline in recurring donations after significant tech layoffs and the temporary closure of the woodshop during renovations have left the collective in a precarious position.
To address this urgent situation, volunteers have organized a series of fundraising events, including a “Sweet 16” party, silent auctions, and educational classes. These initiatives aim to convert one-time contributions into sustainable, recurring support. Details about these events, including sliding-scale tickets and membership drives, can be found on the group’s fundraising platform, Givebutter.
Noisebridge has always embraced a “do-ocracy” model, emphasizing that being “already a member” allows anyone to freely access the space. This ethos has made it a unique resource for makers and artists in San Francisco. However, the future of this beloved community hub now hinges on transforming goodwill into ongoing financial support or attracting larger donors to cover escalating expenses.
As the countdown to potential closure intensifies, supporters are encouraged to contribute and help maintain Noisebridge as a critical haven for innovation and creativity. The community’s response will be crucial in determining whether this invaluable resource can continue to thrive.
Stay tuned for updates as this story develops.
