InSpira Performing Arts

InSpira Performing Arts

Dance Studio

Dance Studio

Overview

Raised this Round: Raised: $6,232

Total Commitments ($USD)

Platform

Honeycomb

Start Date

06/24/2024

Close Date

07/24/2024

Min. Goal
$25,000
Max. Goal
$50,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.00%

Term Length

3.0 years

Year Founded

2004

Industry

Media, Entertainment & Publishing

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

New Brunswick, New Jersey

Business Type

Life Style

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.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$104,865

$195,447

COGS

$2,573

$16,827

Tax

$0

$0

 

 

Net Income

$-52,136

$39

Summary Balance Sheet

FY 2023 FY 2022

Cash

$820

$16,300

Accounts Receivable

$-2,617

$456

Total Assets

$106,060

$134,911

Short-Term Debt

$63,612

$184,786

Long-Term Debt

$0

$0

Total Liabilities

$63,612

$184,786

Financials as of: 06/24/2024
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /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
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
InSpira Performing Arts on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

Follow company

Follow InSpira Performing Arts on Honeycomb 2024

Buy InSpira Performing Arts's Deal Report

InSpira Performing Arts Deal Report

Get KingsCrowd’s comprehensive report on InSpira Performing Arts including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether InSpira Performing Arts is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the InSpira Performing Arts deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge