Called Higher Studios

Overview

Raised this Round: Raised: $34,970

Total Commitments ($USD)

Platform

Wefunder

Start Date

01/24/2024

Close Date

04/07/2024

Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment

$100

Security Type

Revenue Share

Series

Series C

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.20X

Year Founded

2019

Industry

Media, Entertainment & Publishing

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Franklin, Tennessee

Business Type

Growth

Called Higher Studios is raising funds on Wefunder. The faith-based movie studio makes movies that matter. Called Higher Studios creates movies that honor God’s values and Christian faith. The current raise is for The Anne Beiler Movie, which will celebrate Christian women and the struggles they go through. Jason Brown and Ash Greyson founded Called Higher Studios in June 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for the development of the film, hiring screenwriters, attaching actors for the film, and project development costs.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$2,115,064

$48,904

COGS

$2,069,034

$48,150

Tax

$0

$0

 

 

Net Income

$-277,513

$-514,564

Summary Balance Sheet

FY 2022 FY 2021

Cash

$188,704

$453,205

Accounts Receivable

$0

$3,300

Total Assets

$622,313

$2,582,779

Short-Term Debt

$37,046

$2,107,179

Long-Term Debt

$0

$0

Total Liabilities

$37,046

$2,107,179

Financials as of: 01/24/2024
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Called Higher Studios 04/06/2024 Wefunder - $34,970 Revenue Share Not Funded RegCF
Called Higher Studios 09/14/2023 StartEngine $9,025,659 $625,826 Equity - Common Funded RegCF
Called Higher Studios 04/15/2023 Wefunder $18,014,776 $599,610 Equity - Common Funded RegCF
Called Higher Studios 06/30/2021 StartEngine $10,300,000 $869,263 Equity - Common Funded RegA+
Called Higher Studios 03/30/2020 StartEngine $1,730,000 $1,069,991 Equity - Common Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Called Higher Studios on Wefunder 2024
Platform: Wefunder
Security Type: Revenue Share

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