In second year, One Spark’s success doesn’t include profit

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Author: Drew Dixon
Publisher: Florida Times-Union
Date: May 24, 2014

In its second year, One Spark attracted more creators, more money from investors, more buy-in from city leaders and more people to downtown Jacksonville — announced crowds far exceeding the organizers’ forecasts. But by another measure, the entrepreneurial crowdfunding festival is not a success.

It is not yet a money-maker.

The organization’s leaders acknowledge that it has operated at a financial deficit both years and is being kept afloat only by the philanthropic contributions from its main financial supporter, Peter Rummell. Read more here.