Stepstone Art Resources, LLC

Stepstone Art Resources, LLC logo via Clearbit

Profile

According to their SEC filings, Stepstone Art Resources, LLC is a Limited Liability Company organized in MA on 10-27-2015. They report having 1 employee(s), and revenue in their most-recent fiscal year of $44.00 and $0.00 the prior year.

Location

1921 DUBLIN ROAD

1921 DUBLIN ROAD

RICHMOND, MA 01254

Equity Crowdfunding Campaigns

Reg CF Offering from Stepstone Art Resources, LLC (Previous)

Campaign Details

According to their SEC filings, Stepstone Art Resources, LLC previously ran a Regulation Crowdfunding campaign to raise $25,000.00 (up to a maximum of $1,070,000.00) in Crowd Note via Microventures before a deadline of 12-17-2018.

As compensation for managing the offering, Microventures reported being compensated as follows:

Six and one half percent (6.5%) commission based on the amount of investments raised in the Offering and paid upon disbursement of funds from escrow at the time of closing.

In addition to any direct compensation, Stepstone Art Resources, LLC reported that Microventures would also receive the following financial interest in the offering:

The intermediary will receive a number of Crowd Notes of the issuer that is equal to two percent (2.0%) of the total number of Securities sold by the issuer in the Offering.

Stepstone Art Resources, LLC filed the following progress report with the SEC at the end of their campaign:

$63,055 in investments. Payments are still being processed; final number is yet to be determined.

More information about this issuer may also be available via Crowditz.com, including information about weekly and aggregate investor commitments.

Financial Information

The following information is taken directly from SEC filings.

Income Statement Items

Most Recent Fiscal Year Prior Fiscal Year
Revenue $44.00 $0.00
Cost of Goods Sold $0.00 $0.00
Taxes Paid $0.00 $0.00
Net Income $-116,554.00 $-146,113.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $23,484.00 $68,406.00
Accounts Receivable $0.00 $0.00
Short-term Debt $38,520.00 $12,720.00
Long-term Debt $400,000.00 $240,000.00

Complete Reg CF filings list for Stepstone Art Resources, LLC

  • [2018-12-21T15:27:59+00:00] Stepstone Art Resources, LLC filed a fundraising progress report (Form C-U) with the following update: "$63,055 in investments. Payments are still being processed; final number is yet to be determined."

    File number: 020-24754

  • [2018-12-06T13:42:04+00:00] Stepstone Art Resources, LLC filed an amended Form C (Form C/A) regarding their offering to raise a target of $25,000.00 via Microventures. The nature of the amendment was described as follows:

    Added webinar transcript (attached to Form C as Exhibit G).

    File number: 020-24754

  • [2018-11-16T13:51:58+00:00] Stepstone Art Resources, LLC filed an amended Form C (Form C/A) regarding their offering to raise a target of $25,000.00 via Microventures. The nature of the amendment was described as follows:

    Amended to correctly reflect the Use of Proceeds for $25k minimum target in Company Summary (attached as Exhibit B to Form C)

    File number: 020-24754

  • [2018-11-16T12:52:00+00:00] Stepstone Art Resources, LLC filed an amended Form C (Form C/A) regarding their offering to raise a target of $25,000.00 via Microventures. The nature of the amendment was described as follows:

    Updated to reflect correct commission payable to Intermediary, change the target offering amount to $25,000, update the deadline to December 17, 2018, and provide information regarding the concurrent Regulation D offering.

    File number: 020-24754

  • [2018-10-04T16:24:11+00:00] Stepstone Art Resources, LLC filed an amended Form C (Form C/A) regarding their offering to raise a target of $50,000.00 via Microventures. The nature of the amendment was described as follows:

    This Amendment is filed to update update the Company Summary (attached within the Offering Statement as Exhibit B) to add perks and include additional part-time team members and advisors.

    File number: 020-24754

  • New Filing Form C

    [2018-10-03T07:41:13+00:00] Stepstone Art Resources, LLC filed a Form C to raise a target amount of $50,000.00 (up to a maximum of $1,070,000.00) of Crowd Note via Microventures.

    File number: 020-24754