I just found Feast, this is a brilliant idea and organization.
Feast is a recurring public dinner designed to use community-driven financial support to democratically fund new and emerging art makers. At each Feast, participants pay a sliding-scale entrance fee for which they receive a supper and a ballot. Diners vote on a variety of artist projects and at the end of the night, the project with the most votes is awarded funds to produce the project. The work is then presented at the following Feast. Meanwhile, similar models have emerged all over the country, building a network of organizations committed to re-thinking how art is financed and experienced communally.