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CASH Music, Independent Music Nonprofit, to Shut Down Next Month

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Jem Aswad Senior Music EditorCASH Music, a Portland-based nonprofit designed to provide “open-source tools to artists looking to promote and sell their music online,” is shutting down after 12 years, it announced today.

Co-founded in 2008 by Throwing Muses’ singer Kristen Hersh, L7’s Donita Sparks and Jesse von Doom, the organization’s three major components — artist tools, a blog and the CASH Music Revolving Fund — will all cease operations on July 10.“There will be a longer post-mortem later from the org and likely a few of us as individuals,” the statement reads. “We are proud of what we were able to accomplish, frustrated by some of the things we weren’t, but thankful for all of you.

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