WOLDS sole purpose is to raise money for those in need.
Music is our passion and we feel extremely fortunate to have experienced so many amazing times due to a mix of hard work and good fortune. It's time to give back and pay some of that luck forward and help people who really need it.
We took a decision early on to initially support charities that mean a lot to us personally. Once we feel we have supported those charities sufficently we intend to put it to our followers to decide what cause we donate each track to.
What does a WOLDS donation comprise of?
because there are a lot of cogs in play when raising money via music, we felt we'd better explain the sums. Each donation is calculated as:
The gross digital & streaming sales of our music minus any platform fees taken before WOLDS receives a penny. These fees are the % the platform (e.g Apple, Amazon..) takes from a sale on their platform. You can read more about those fees on our distrubution partners page, here: TuneCore
Plus
Any donation via our Spotify donate link minus Paypal transaction fees - you can avoid the Paypal fee by sending donations as a family and friends payment, however people do make the mistake and therefore we unfortunately lose part of their donation to corporate greed.
Plus
Any Bandcamp 'pay what you want' download minus Bandcamp and Paypal transaction fees.
Plus
30% of all Gross merchandise sales. We divide the merch sold in the year by the number of tracks we have (that feels fair, right?!). We're using a Gross minus paypal transaction fee calculation here just to ensure we don't end up losing money personally. We may well alter this to be a higher percentage of Net sales in the future but we're still ironing this element out... either way the charities win and rest assured no-one is making money from it our end.
What we promise we won't do!
WOLDS does not use your kind donations to fund the distribution or recording of our music or anything else. What we receive from sales and streams goes directly to the charities. Note that we do not receive the data or money from sales until roughly 3 months after the song has realeased.
The ONLY money that WOLDS may potentially use is from the remaining profit our merchandise makes. This profit will only be used to help fund the recording of more songs. We are morally wired to ensure this is the case, so much so that we will publish our figures every year on here!
