InSpira Performing Arts
[Closed for Investment] 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
Raised: $7,132
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 06/25/2024
- Close Date
- 08/05/2024
$25,000
$50,000
$100
Debt
Pre-Seed
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
- Monthly Burn
- $4,345
- Cash on Hand
- $820
- Gross Margin
- 98%
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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 |