The Moon

The Moon

Closed: Sep. 2020

About this raise

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.

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Investment Overview

Not Funded: $0

Deal Terms

Total 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

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.25X

Company & Team

Company

Year Founded
1987
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Tallahassee, Florida
Business Type
Life Style
Company Website
Visit Website

Team

Employees
15
Founder Name
Scott Carswell
Title
President
Founder Name
Julie Carswell
Title
Co-Owner

Funding data not publicly available

Financials

 Revenue +4% YoY
$2,300,748
 Monthly Burn
Profitable
 Cash on Hand
$78,172
Gross Margin
58%

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

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/01/2020 MainVest - $0 Revenue Share Not Funded RegCF
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The Moon on MainVest
Platform: MainVest
Security Type: Revenue Share

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