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Foundry Michelangelo by Treasure Investments Corp. logo

Foundry Michelangelo by Treasure Investments Corp.

Operating

Treasure Investments Corporation

Industrial & Manufacturing · Lake Oswego, OR · Founded 2016

The source for the world's greatest fine art masterpieces

Post-money valuation ⓘ
$299.4M
As of Apr 2022 · from Reg CF Offering (2021) · pre-money + amount raised, not a traded price
Total raised
$1,450,542
Crowd $333K · Private $1.1M · 4 rounds since 2017
Latest share price
$1.20
Reg CF · Common Stock · Oct 2021 offering price

Financials

FY2019–FY2020 · from SEC filings · hover any figure for its source
$2.2M
−$178K
2019
$2.5M
$392K
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 reviewed
FY2020 reviewed
Income statement
Revenue
$2,182,773
$2,480,900
Cost of goods sold
$1,058,522
$904,759
Gross margin
52%
64%
Net income
-$178,313
$392,067
Taxes paid
$0
$0
Balance sheet
Cash
$399,363
$516,655
Accounts receivable
$104,074
$138,670
Total assets
$61,010,990
$61,677,318
Short-term debt
$576,490
$336,120
Long-term debt
$0
$169,400
Total liabilities
$576,490
$505,520
Other
Headcount
—
6

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$299.0M
pre-money
Reg CF · Common · Oct 2021

Blue bars are the pre-money valuation the company stated for a priced round.

Share price over rounds

log scale
$1.20$0.2099$0.0367
Aug 2017Oct 2021
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Fundraising history

Raised $333.2K / $1.1MInvestors 121Post-money $299.4M
Raised $1.1MInvestors 7

Team

9 people
Mark Russo
Founder & CEO

Mark Russo has been heavily involved in the fine art market for the past 25 years dealing with Fortune 500 CEOs, physicians, celebrities, museums, and thousands of successful and influential collectors. Mr. Russo is an expert in sales communication, business management, and high-quality art. Working high-end trade shows, investment conferences and art exhibitions, Mr. Russo has generated over $100 million in sales of fine art during his career. Mr. Russo both directs and coordinates the sales effort of TIC and is responsible for sales strategy, recruitment, training, budgeting, and promotions. Mr. Russo is responsible for the development of the highly successful and innovative sales model that has resulted in the unprecedented growth of the ‘Charitable Division’ at TIC.

Jason Dilling
Vice President of Sales

Mr. Dilling is a life-long sales professional who prides himself on honesty, integrity, and service to his team. He currently serves on two charity, non-profit boards and embraces his veteran status by volunteering with several veteran related charities. With a vast history in sales across multiple types of business, Jason’s experience positions him for a seamless transition into the Fine Art industry, Jason brings to the company a drive and next level commitment to success earning him a reputation for pushing goals and breaking sales performance records. His expertise is focused on revenue growth in all the company’s profit centers.

Michael Sheppard
Partner and Director of Investor Relations Consultant

Michael Sheppard presently serves as Partner and Director of Investor Relations for Treasure Investments Corporation & Foundry Michelangelo while also serving as CEO/Chairman of Nevada Mining company. As former President of the America Cancer Society in Wisconsin, he has raised millions of dollars for charities conducting auctions using donated fine art sculptures since 1998. In addition, Michael has raised over $400,000,000 as President of the National Community Foundation & New Life Corporation and is a nationally known speaker on estate planning. He served the Firestone Corporation for 12 years as Training & Development Coordinator for their 48 North American Plants. Michael’s expertise is to fix broken companies & minister to broken people while serving as a life coach. He partners with Treasure Investments Corporation preparing to take the company public serving the shareholder’s best interest.

Ricky Reed
Director of Operations & Development

Ricky Reed has developed his expertise in Management with over a decade of experience in Hospitality Management, obtaining his first General Manager position at the age of 17. Ricky has a great ability to lead, always striving for excellence in operations. The commitment, integrity, and overall standard for greatness that Ricky brings to TIC will help continue the company’s evolution of fine art along with its other expanding divisions. As an optimization expert, he will elevate the company into a worldwide distributor of fine art while helping the team to maintain a stellar reputation.

Angie Zook
Charity Services Ambassador

Ms. Zook is a dynamic figure in the American philanthropy market. Since joining forces with the Ghiglieri family more than ten years ago, Angie has used her polished sales approach to yield amazing results in the charity auction market, catapulting her to a preeminent position. Ms. Zook will lead Treasure Investments Corporation’s Charity Auction Division. She has supervised the success of thousands of auctions and has raised millions of dollars for charities of all varieties across the nation. Thanks to her gift for cultivating relationships with leading charity directors, donors and art collectors, Ms. Zook will develop a widening circle of devoted and grateful clients for Treasure Investments Corporation.

Danny Duran
Assistant Shipping Manager

Mr. Duran has been involved in Logistics, Production, and Quality Controls in the Fine Art industry for more than 15 years. Starting his Fine Art career with the Ghiglieri Family, Danny has since worked with numerous artists and teams gaining invaluable experience and product knowledge. Danny is a valuable asset for the Foundry Michelangelo team as he is instrumental in the support of logistical management. Mr. Duran contributes to the impeccable shipping, product, and overall logistical standards of the company.

Eric Haas
Sales Consultant

Mr. Eric Haas has spent his entire career in sales and sales training. Serving as V.P. of sales for Ther-max Corp., a start-up direct sales organization, Mr. Haas recruited and trained the entire organization’s sales force which grew to more than 300 and $100M in annual sales. He has founded and grown to successful acquisition multiple direct sales companies. Most recently Mr. Haas founded a sales and construction venture in the multi-family real estate market in central Oregon. He developed a client base which includes a large percentage of the multi-family dwellings in that market.

Joe Welding
Production Manager

Mr. Joe Welding is a distinguished Marine veteran who has worked closely with master artists in the Fine Art industry, specifically the Ghiglieri family, for nearly two decades. Joe is an expert in customer service, logistical planning, and handling of Fine Art. He works directly with the foundries ensuring the highest standards in our quality control and leads in the support of a high team morale. Joe oversees all trade show exhibitions as well as shipping and receiving. As part of the founding team, he has been instrumental in the growth and success of the company.

Valeriy Chumak
Multimedia Content Creation Manager

Mr. Chumak is a graduate of Cascadia Tech Academy with a focus on Multimedia Content Creation. Val's passion for film, photography, graphic design, and overall desire for creating content started when he was just 8 years old, editing his first videos and becoming the go to streaming and editing expert for friends and family before his tenth birthday. Since childhood passions, Val has exercised hyper-focus on identifying the ideal position for his future which has led to a unique opportunity at Foundry Michelangelo. After seeking out Foundry Michelangelo and beginning the relationship as an intern, Mr. Chumak has become a core team member in the development of the company. In a sophisticated modern society, Val provides a contemporary view into the extraordinarily unique business of Foundry Michelangelo. With a bright future, both Val and the company are positioned to experience otherwise unprecedented success.

Names and titles as disclosed on SEC Form C, StartEngine. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Delinquent

Filed 0 of 5 annual reports (FY2021–FY2025)

Missing: 2021, 2022, 2023, 2024, 2025

121 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form D/AJun 10, 20240001715526-24-000001
    EDGAR
  • Form DDec 22, 20230001715526-23-000001
    EDGAR
  • Form C-UMay 9, 20220001665160-22-001595
    EDGAR
  • Form COct 29, 20210001665160-21-001925
    EDGAR
  • Form DOct 26, 20210001715526-21-000003
    EDGAR
  • Form DAug 28, 20170001715526-17-000002
    EDGAR
Source: ManualCIK 0001715526ORShare price $1.20

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.