New Canon Theatre Co is located in Seaside, CA. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, New Canon Theatre Co employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Canon Theatre Co 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 12/2023, New Canon Theatre Co generated $134.3k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 41.4% each year . All expenses for the organization totaled $140.3k during the year ending 12/2023. While expenses have increased by 31.3% per year over the past 2 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
NEW CANONS DEDICATED TO FOSTERING NEW WORKS THROUGH THEIR THEATRE LAB AS WELL AS MOUNTING THE ESTABLISHED CLASSICAL CONTEMPORARY CANON
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023 THE NEW CANON THEATRE LAB PRESENTED THE WORLD PREMIER OF FINDING CHASE IN CARMEL, CA. ADDITIONALY THEY PROUDUCED TWO MODERN DAY ADAPTATIONS OF CLASSIC SHAKESPEARE WORKS.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Justine Stock Secretary | Trustee | 5 | $0 | 
| Justin Gordon President | Trustee | 5 | $0 | 
| Nicole Capps Treasurer | Trustee | 1 | $0 | 
| Alcide Guillory III Director | Trustee | 1 | $0 | 
| Julia Keller Director | Trustee | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 | 
| Membership dues | $0 | 
| Fundraising events | $0 | 
| Related organizations | $0 | 
| Government grants | $0 | 
| All other contributions, gifts, grants, and similar amounts not included above | $86,015 | 
| Noncash contributions included in lines 1a–1f | $0 | 
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,015 | 
| Total Program Service Revenue | $48,438 | 
| Investment income | $0 | 
| Tax Exempt Bond Proceeds | $0 | 
| Royalties | $0 | 
| Net Rental Income | $0 | 
| 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 | -$108 | 
| Miscellaneous Revenue | $0 | 
| Total Revenue | $134,263 | 
| 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. | $0 | 
| Compensation of current officers, directors, key employees. | $0 | 
| Compensation to disqualified persons | $0 | 
| Other salaries and wages | $45,951 | 
| Pension plan accruals and contributions | $6,810 | 
| Other employee benefits | $0 | 
| Payroll taxes | $5,204 | 
| Fees for services: Management | $0 | 
| Fees for services: Legal | $0 | 
| Fees for services: Accounting | $5,310 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $0 | 
| Fees for services: Other | $2,750 | 
| Advertising and promotion | $5,425 | 
| Office expenses | $3,215 | 
| Information technology | $1,030 | 
| Royalties | $3,450 | 
| Occupancy | $41,446 | 
| Travel | $1,229 | 
| 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 | $0 | 
| Insurance | $2,681 | 
| All other expenses | $2,079 | 
| Total functional expenses | $140,339 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,819 | 
| Savings and temporary cash investments | $0 | 
| Pledges and grants receivable | $0 | 
| Accounts receivable, net | $0 | 
| Loans from Officers, Directors, or Controlling Persons | $0 | 
| Loans from Disqualified Persons | $0 | 
| Notes and loans receivable | $0 | 
| Inventories for sale or use | $0 | 
| Prepaid expenses and deferred charges | $1,163 | 
| Net Land, buildings, and equipment | $0 | 
| Investments—publicly traded securities | $0 | 
| Investments—other securities | $0 | 
| Investments—program-related | $0 | 
| Intangible assets | $0 | 
| Other assets | $0 | 
| Total assets | $7,982 | 
| Accounts payable and accrued expenses | $28,340 | 
| Grants payable | $0 | 
| Deferred revenue | $0 | 
| 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 | $0 | 
| Total liabilities | $28,340 | 
| Net assets without donor restrictions | -$20,358 | 
| Net assets with donor restrictions | $0 | 
| 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 | $7,982 |