Simply put, Patreon takes monthly small donations from supporters and gives that money to creators. This allows categories of people that can traditionally have difficulty monetizing their work, such as artists, to earn cash for their efforts.
Accordingly, Can you donate on Patreon?
At the moment, Patreon only offers recurring memberships, and one-time donations are not available. All Patreon memberships recur on a monthly or annual (if your creator has this available) billing cadence. You can learn more about how creators can bill their patrons in our article: Understand my payments to creators.
as well, How do you get donations on Patreon? Become a patron of a creator
- First: Give yourself a high five for being amazing and joining a creator’s community! …
- Step 1: Visit your creator’s patreon page and select one of their tiers. …
- Step 2: Add your payment method and confirm your membership details.
How much money does Patreon take from donations? As a creator, Patreon creators can charge per month or per creation. The platform fee (or the percentage of your earnings that Patreon takes) varies from 5% to 12% depending on the plan you pick. There is an additional payment processing fee of 2.9% + $0.30 for donations over $3. 5% + $0.10 for donations of $3 or less.
So, Is Patreon a monthly fee? Patreon lets people financially support and reward content creators — such as podcasters, writers, and YouTubers — through a monthly subscription.
Is Patreon safe?
For a subscriber, Patreon is perfectly safe to use. This is a trusted, professional company that is motivated to help artists and other creatives to be able to afford to focus on their projects. Subscribers get to choose between three levels of subscription. The lowest-priced tier will be your basic subscription.
How do I cancel a donation on Patreon?
How to cancel Patreon Pledge
- Log into your Patreon account.
- Open the drop-down menu in the upper-right corner and select “Manage Memberships”.
- In the “Active Memberships” section, find the pledge you want to stop supporting.
- Click the “Edit or Cancel Payment” button.
What company owns Patreon?
It allows artists to receive funding directly from their fans, or patrons, on a recurring basis or per work of art. The company is based in San Francisco.
Patreon.
| Screenshot A Patreon page from January 20, 2018 | |
|---|---|
| Headquarters | San Francisco, California , U.S. |
| Created by | Jack Conte Sam Yam |
| Key people | Jack Conte (CEO) |
Are Patreon donations tax deductible?
Your contribution, minus the value of any thank-you gifts you receive, is tax-deductible to the full extent provided by law. For example, if the patron pays $100, of which $20 is the deemed value of a tote bag, then only the $80 is considered to be tax-deductible.
Who is the highest paid Patreon?
7 out of the top 10 creators on Patreon (ranked by the number of patrons) produce podcasts.
Who are the most popular creators on Patreon?
| Creator | Number of patrons (Monthly earnings if available) |
|---|---|
| Chapo Trap House | 35,914 ($159,005) |
| The Tim Dillon Show | 34,158 ($181,415) |
| DankPods | 29,210 |
| You’re Wrong About | 28,604 |
• Jan 6, 2022
Is paying for Patreon worth it?
The Bottom Line
Patreon is a highly flexible crowdfunding service that has fewer project restrictions than most of its rivals. It’s an excellent tool for raising recurring, long-term funds—if your patrons stick around.
Is it easy to cancel Patreon?
Cancelling a membership on the app
Tap on your profile name, where it lists your number of memberships. Select the pencil icon to open the edit patronage page. Tap the “Edit or Cancel Membership” link on the checkout page. Select the option to cancel and tap “Cancel your membership” to confirm.
Do you have to pay to use Patreon?
It’s completely free to get started. We only receive a small percentage once you start earning on Patreon, plus an industry-standard rate for processing payments from your patrons.
Why does Patreon charge on the first?
How charge upfront billing works. When you enable charge upfront, we charge patrons as soon as they sign up. Their first payment grants them access to your backlog of creations and their membership. We then process patrons’ payments on the 1st of every month after that.
Is Patreon easy to cancel?
Cancelling a membership on the app
Tap on your profile name, where it lists your number of memberships. Select the pencil icon to open the edit patronage page. Tap the “Edit or Cancel Membership” link on the checkout page. Select the option to cancel and tap “Cancel your membership” to confirm.
Is Patreon going away?
Kreiger added: “Patreon has been, is and will continue to be a reliable platform enabling creators to fund their work. Now that live events, concerts and other means of income have been cancelled for the foreseeable future, the combination of Patreon and patrons has become a lifeline for many creators worldwide.”
Is Patreon owned by Facebook?
Facebook Inc. (FB) is moving into territory of Patreon, a San Francisco, California-based crowdfunding platform that encourages fans to give financial support to artists for their work.
How much do Patreons make?
Within 18 months, 125,000 “patrons” were using the platform to make recurring payments to creators. And total monthly payments hit the $1 million landmark. Patreon has continued to grow and now boasts more than 6 million active patrons.
Annual creator earnings on Patreon.
| Year | Amount |
|---|---|
| 2020 | $1 billion |
| 2021 | $2 billion |
• Jan 6, 2022
Is Patreon considered self employment?
Patreon income is subject to self-employment tax in most cases.
Does Patreon send me a 1099?
Patreon will provide one 1099-K per page, not per taxable identity. For example, if you have two pages with the same tax information on your W-9 and one of your pages met the earnings threshold, we’ll generate a 1099-K for that page and report the earnings from that page.
Who is most popular on Patreon?
The number one Patreon account is the True Crime Obsessed podcast. The second most popular Patreon is Chapo Trap House, a political podcast. The third most popular is Dark Cookie – Summertime Saga and the fourth is You’re Wrong About.
How much do Patreons make?
There are two types of currency on Patreon: financial earnings.
How to get an estimate of how much you could make on Patreon.
| Size of following | 30,000 |
|---|---|
| Average value per patron | $7 |
| Total monthly earnings | $315 – $1575 |
• May 31, 2018
How do I stop paying for Patreon?
How do I cancel on the Patreon app?
- Tap on the Account icon and tap on your profile name.
- Tap the Pencil icon for the membership.
- Scroll down to tap Edit or Cancel payment directly below the update button.
- Select Cancel your membership.
- Tap the Cancel your membership button to confirm.
How do I remove my card from Patreon?
Make sure you’re logged into Patreon. Click on this link: https://www.patreon.com/settings/payment. In the box that has your card information, click on the down arrow at the right side of the box. Click on “delete card.” You will be asked to confirm.
Is Patreon better than YouTube?
Although Patreon and YouTube Memberships offer similar membership tier features: The main difference is that YouTube offers fewer membership tier features but offers more engagement features while having stricter content policies and taking a higher cut of your income when compared to Patreon.
Where can I see Patreon content for free?
You can view Patreon posts that the creator has marked “public” by going to the creator’s Patreon page. That will show you all the posts the creator has decided to release to people who aren’t paying.
Does Patreon take a cut?
Patreon currently takes between 5% and 12% of creator earnings (plus a payment processing fee), depending on the product plan chosen by the customer. Assuming the average cut is 8% of total earnings, Patreon registers $80 million in annual revenue.
What payment methods does Patreon accept?
Depending on your device and location, we accept payments via PayPal, Apple Pay, Venmo, Sofort and the following cards: Visa. Master Card.
What can I offer on Patreon?
19 Patreon Rewards for Podcasters to Offer Their Fans
- Extra Episodes (More of The Same) One of the most straightforward rewards you can offer is access to more.
- Q&A/AMA Sessions.
- Live Chats & Hangouts.
- Behind-the-Scenes Content.
- New Shows.
- Physical Merchandise.
- Community Access.
- Fan Recognition.
How do Patreon tiers work?
Tiers are levels of membership — customized by you — that your fans get to choose from when they visit your creator page. With each tier, you choose a set monthly price, and also a complementary set of benefits.