Canopy Canopy Canopy Inc
- Assets
- $543.7k
- Revenue
- $754.7k
- Investments
- $0.0
- Employees
- 10
- Location
- New York, NY
- Founding
- 09/2009
- Data as of
- 06/2022
- EIN
- 30-0537058
Organization Overview
Canopy Canopy Canopy Inc, operating under the name Triple Canopy, is located in New York, NY. The organization was established in 2009. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Triple Canopy employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Triple Canopy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Triple Canopy generated $754.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $904.3k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
CORE PROGRAMS DIGITAL PUBLISHING: TC ACCOMPLISHES ITS MISSION THROUGH THE PUBLICATION OF AN ONLINE MAGAZINE OF VISUAL ART AND LITERATURE, INCLUDING INTERACTIVE ESSAYS,SCREEN-BASED ARTWORKS, FICTION, POETRY, PROSE, AND CRITICAL DIALOGUES, AS WELL AS DOCUMENTATION OF PUBLIC PROGRAMS AND PERFORMANCES. AN ISSUE OF TC CONTAINS 10-15 PROJECTS COMMISSIONED FROM ARTISTS AND WRITERS AND IS ACCESSIBLE FOR FREE VIA THE ONLINE PLATFORM AT CANOPYCANOPYCANOPY.COM. PRINT PUBLISHING: THE MAGAZINE OCCASIONALLY PUBLISHES PRINT PUBLICATIONS THAT MAKE ARRESTING USE OF THE BOOK FORM.THESE PRINT OBJECTS INCLUDE MULTIVOCAL PAPERBACKS WHICH STEM FROM AND EXTEND OUR PUBLIC PROGRAMS, AS WELL AS SINGLE-AUTHOR WORKS THAT ADAPT CONTRIBUTIONS TO THE MAGAZINE OR EMERGE FROM SPECIFIC COLLABORATIONS WITH CONTRIBUTORS. PUBLIC PROGRAMS: AS PART OF EACH ISSUE, TC ALSO ORGANIZES AT LEAST FIVE PUBLIC PROGRAMS THAT ARE CONSIDERED TO BE PART OF THE MAGAZINE, INCLUDING PERFORMANCES, PANELS, READINGS, AND SCREENINGS. TC'S PUBLIC PROGRAMS ARE DOCUMENTED THROUGH AUDIO OR VIDEO AND PUBLISHED ONLINE IN THE MAGAZINE AS VIDEOS, AUDIO RECORDINGS, AND TRANSCRIPTS. EVENTS ARE OFTEN LIVESTREAMED. AS WITH DIGITAL PROJECTS, PUBLIC PROGRAM DOCUMENTATION IS MADE ACCESSIBLE TO VIEWERS FOR FREE AT CANOPYCANOPYCANOPY.COM. EDUCATION: TC HAS HELD EIGHT SESSIONS OF THE PUBLICATION INTENSIVE: A FREE, ANNUAL, TWO-WEEK SUMMER PROGRAM IN THE HISTORY AND CONTEMPORARY PRACTICE OF PUBLICATION, FOR TWELVE HIGHER-LEVEL COLLEGE STUDENTS, GRADUATE STUDENTS, AND RECENT COLLEGE GRADUATES. EACH YEAR WE INVITE APPLICATIONS FROM PROSPECTIVE STUDENTS WITH BACKGROUNDS IN AREAS SUCH AS WRITING, ART, LITERATURE, ART HISTORY, NEW MEDIA, AND DESIGN. DURING THE PROGRAM, TC EDITORS LEAD DISCUSSIONS AND WORKSHOPS WITH PARTICIPATING STUDENTS,WHO RESEARCH ANALYZE, AND DEVELOP PROJECTS, THAT HINGE ON NEW TECHNOLOGIES BUT ALSO MINE THE HISTORY OF PRINT CULTURE AND ARTISTIC PRACTICE. THE PROGRAM TAKES PLACE AT TC'S VENUE AND INCLUDES VISITS TO STUDIOS OF ARTISTS AND DESIGNERS, ARCHIVES, AND CULTURAL INSTITUTIONS. (DUE TO THE PANDEMIC, THIS PROGRAM WAS TEMPORARILY SUSPENDED IN FY21.)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily M Kleiman Director | Officer | 40 | $66,884 |
Josh Kline President | OfficerTrustee | 1 | $0 |
Susan Sellers Vice President | OfficerTrustee | 1 | $0 |
Steven Goldglit Treasurer | OfficerTrustee | 1 | $0 |
Seth Stolbun Secretary | OfficerTrustee | 1 | $0 |
Malik Gaines Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $23,699 |
| Fundraising events | $74,914 |
| Related organizations | $0 |
| Government grants | $202,850 |
| All other contributions, gifts, grants, and similar amounts not included above | $376,529 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $677,992 |
| Total Program Service Revenue | $40,988 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $33,999 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $754,727 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $67,417 |
| Compensation of current officers, directors, key employees. | $6,742 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $403,716 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $63,452 |
| Payroll taxes | $38,369 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,873 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $110,710 |
| Advertising and promotion | $2,327 |
| Office expenses | $20,027 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $65,041 |
| Travel | $5,965 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,151 |
| Insurance | $702 |
| All other expenses | $50,789 |
| Total functional expenses | $904,305 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $347,113 |
| Savings and temporary cash investments | $2,422 |
| Pledges and grants receivable | $90,570 |
| Accounts receivable, net | $392 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,104 |
| Prepaid expenses and deferred charges | $6,764 |
| Net Land, buildings, and equipment | $1,833 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $61,995 |
| Other assets | $22,470 |
| Total assets | $543,663 |
| Accounts payable and accrued expenses | $56,638 |
| Grants payable | $0 |
| Deferred revenue | $5,103 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,386 |
| Total liabilities | $66,127 |
| Net assets without donor restrictions | $392,786 |
| Net assets with donor restrictions | $84,750 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $543,663 |