InSpira Performing Arts
About this raise
InSpira Performing Arts is raising funds on Honeycomb. It is a performing arts and cultural center in Somerset, New Jersey. InSpira Performing Arts offers classes in jazz, hip hop, tap, ballet, African, contemporary, and other dance forms and fosters creativity. The center is focused on enriching lives through diverse dance forms and building a supportive artistic community. Kristine Smith founded InSpira Performing Arts in December 2004. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $50,000. The campaign proceeds will be used to launch a new DREAM program and refinance high-interest debt.
Investment Overview
Not Funded: $7,132
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 06/25/2024
- Close Date
- 08/05/2024
$25,000
$50,000
$100
Debt
Quarterly
RegCF
13.00%
3.0 years
Company & Team
Company
- Year Founded
- 2004
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue -46.4% YoY
-
$104,865
as of FY2023
- Monthly Burn
-
$4,345
as of FY2023
-
Cash on Hand
-
$820
as of FY2023
- Gross Margin
-
98%
as of FY2023
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 08/05/2024 | Honeycomb | - | $7,132 | Debt | Not Funded | RegCF |