How Much Did SkyART Raise?
Funding & Key Investors

SkyART, a Chicago-based nonprofit dedicated to youth arts and mental health programs, has secured significant capital, with its total funding reaching $254K. The organization recently closed a major strategic investment, bringing in $104K in new financing. This latest round of backing underscores the growing recognition of SkyART's mission to support young artists aged 7 to 24.

What is SkyART?

SkyART
OrganizationsNon-Profit & Charitable Organizations

SkyART operates as a vital community resource, providing free arts and mental health services to young individuals in Chicago. The organization's comprehensive approach aims to foster both the creative development and emotional well-being of its participants. Through a variety of artistic initiatives, SkyART empowers youth, offering them avenues for self-expression and personal growth. The organization also facilitates opportunities for aspiring artists through scholarships, such as the Bob Veasey Scholarship, further investing in the next generation of talent.

How much funding has SkyART raised?

SkyART has raised a total of $254K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$104K

Debt (2020): $150K with participation from PPP

Debt (2021): $104K led by PPP

What's next for SkyART?

With the recent influx of capital from its large-scale late-stage funding, SkyART is poised for expanded impact. This strategic investment will likely fuel the scaling of its existing programs and potentially enable the launch of new initiatives aimed at reaching a broader demographic of young artists. The focus on mental health alongside arts education suggests a commitment to holistic youth development, positioning SkyART to address critical needs within the community. Future growth may involve deepening partnerships and enhancing scholarship offerings to further solidify its role as a cornerstone for youth empowerment in Chicago.

See full SkyART company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Organizations industry

Non-Profit & Charitable OrganizationsOrganizations
OrganizationsChurch Management
Membership OrganizationsOrganizations
OrganizationsChurch ManagementNon-Profit & Charitable Organizations

Frequently Asked Questions Regarding SkyART Financial Insights

What are the most recent funding rounds that SkyART has completed, and what were the funding rounds?
SkyART has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 8, 2020.
What is the total amount of funding SkyART has raised to date?
SkyART has raised a total of $254K in funding to date.
How many funding rounds has SkyART completed?
SkyART has completed 2 funding rounds.
How much funding did SkyART raise in its most recent funding round?
SkyART raised $104K in its most recent funding round.
Who are the lead investors in SkyART's latest funding round?
The lead investor in SkyART's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in SkyART's history?
The largest funding round in SkyART's history was $150K.
See more information about SkyART