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Hackspace, a self funded enterprise

Hackspace, a self funded enterprise

tl:dr

Please help the Nottingham Hackspace

https://hms.nottinghack.org.uk/donate

Article:

Recently I wrote about my return to the Nottingham Hackspace as an elected trustee. One of the big motivators behind my desire to return to the Hackspace came about in response to something of a financial crisis the space faces.

The reasons for why the space is facing a financial problem are at the face of it, that the space is costing more to run today, than the members are paying into the space to run it.

Of course the Hackspace is a little more complicated than this transaction. It has the ability to generate some extra money internally from the sales of soft drinks snack foods, the running of workshops, money generated by using some of the tools as well as good old fashion tin rattling.

The financial issue came to a head when the rental costs for the hackspace increased. The rental for the area known as Hackspace 2.0 (the space the Nottingham Hackspace moved into with some generous help in May 2011) has risen from around £1k per month to over £2k per month in the last 9 years. Added to the the complication of our ambitious expansion into the area (on a lower floor) called Hackspace 2.5 and its associated rent and high costs of refitting, we are today left with an (ever moving) deficit between our bills (utilities, rent, insurance etc) and our monthly member income.

The Nottingham Hackspace is one of a very few spaces in the world, where members are trusted from day 1 to have 24 hour key access to our shared space. Further more, members may “The amount you pay into Nottingham Hackspace is your own choice, however we ask that you contribute more than you take away.”.. a complicated rule aimed at getting members to think very carefully about what they can afford to contribute to the space https://rules.nottinghack.org.uk/en/latest/membership-of-the-hackspace.html

The original aim of this rule was to ensure that we were accessible as a space and resource to the under-waged, the unwaged and the retired. However as the space’s relentless membership drive continues (now counting 700+ members) the Hackspace is finding that its average income won’t meet the costs of running the space past the spring of 2020.

There are all kinds of things I can talk about perceived value, disengagement from the core group, a loss of the sense of belonging and the conversion of the space from a community to a service, however there isn’t a lot of hard evidence other than feelings and hearsay for this. Having said all that, a crisis brings people together behind a clear common enemy. Many members have generously contributed extra funds to curtail this crisis. Members have been asked to consider their monthly contributions and many have increased them. Others have been able to make a one off donation to aid the cause.

If you are able and would like to help the Nottingham Hackspace get over its financial crisis, get back on its feet and pay its own way from members contributions then please consider making a donation here:

Please help the Nottingham Hackspace

https://hms.nottinghack.org.uk/donate

If you are a member of the Nottingham Hackspace and you are reading this, if you haven’t already, consider increasing your monthly contribution by as little as 50p per week. If ever member increased their payment by as little as 50p per week, the Nottingham Hackspace could bust the financial problem wide open! A Hackerspace must be able to pay its own costs.

The Nottingham Hackspace will close...

The Nottingham Hackspace will close...

Makevember 2019

Makevember 2019