The Moon

Growth Stage

Performing Arts Venue

Analytics

Raised to Date: Raised: $0

Aggregate Commitments $

Platform

MainVest

Start Date

08/13/2020

Close Date

10/01/2020

Min. Goal

$150,000

Max. Goal

$500,000

Min. Investment

$500

Security Type

Revenue Share

Funding Type

RegCF

Series

Series A

Rolling Commitments $

Status
Not Funded
Reporting Date

09/16/2020

Days Remaining
Not Funded
% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Location

Tallahassee, Florida

Industry

Media, Entertainment & Publishing

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Business Type

Life Style

The Moon, a performing arts venue in Tallahassee, FL, is raising funds on MainVest. The venue hosts multiple entertainment and community events with extensive diversity and flexibility. The Moon has also hosted a large number of fundraisers, galas, and other benefits. Scott Carswell and Julie Carswell have owned the venue since 1984. The proceeds of the current crowdfunding campaign, with a minimum raise of $150,000 and a maximum raise of $500,000, will be used to upgrade systems and offset operating costs during COVID-19 closure. The Moon is a premier variety showcase for events and has been home to many headliners. The venue has been profitable every year for the past 35 years.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$2,300,748

$2,212,417

COGS

$968,191

$956,667

Tax

$0

$0

 

 

Net Income

$159,216

$82,744

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$78,172

$94,990

Accounts Receivable

$0

$0

Total Assets

$430,859

$405,336

Short-Term Debt

$156,196

$197,223

Long-Term Debt

$248,683

$176,872

Total Liabilities

$404,879

$374,095

Financials as of: 08/13/2020
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The Moon on MainVest
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Platform: MainVest
Security Type: Revenue Share

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