Canopy Canopy Canopy Inc
- Assets
- $771.9k
- Revenue
- $665.0k
- Investments
- $0.0
- Employees
- 10
- Location
- New York, NY
- Founding
- 09/2009
- Data as of
- 06/2021
- 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 06/2021, 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 06/2021, Triple Canopy generated $665.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $932.4k during the year ending 06/2021. 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
2021
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 AND SCREEN-BASED ARTWORKS, FICTION, POETRY, PROSE, CRITICAL DIALOGUES, AND PERFORMANCES. AN ISSUE OF TC CONTAINS 10-15 PROJECTS COMMISSIONED FROM ARTISTS AND WRITERS AND IS ACCESSIBLE VIA THE ONLINE PLATFORM AT CANOPYCANOPYCANOPY.COM PRINT PUBLISHING: THE MAGAZINE'S EARLY PUBLISHING ACTIVITIES WERE COMPILED IN INVALID FORMAT, AN ANNUAL ANTHOLOGY THAT TRANSLATED ONLINE WORKS, PERFORMANCES, PUBLIC DISCUSSIONS, AND INTERNAL CORRESPONDENCE INTO AN ARRESTING PRINT OBJECT. TC ALSO PUBLISHES MULTIVOCAL PAPERBACKS WHICH EMERGE FROM, AND EXTEND, OUR PUBLIC PROGRAMS. PUBLIC PROGRAMS: AS PART OF EACH ISSUE, TC ALSO ORGANIZES TWICE-MONTHLY PUBLIC PROGRAMS THAT ARE CONSIDERED TO BE PART OF THE MAGAZINE, INCLUDING "GUIDED TOURS" OF DIGITAL PROJECTS, RELATED PERFORMANCES, PANELS, READINGS, AND SCREENINGS. TC'S PUBLIC PROGRAMS ARE DOCUMENTED THROUGH AUDIO OR VIDEO AND PUBLISHED ONLINE IN THE MAGAZINE AS VIDEOCASTS, PODCASTS, AND TRANSCRIPTS. BOTH DIGITAL PROJECTS AND RELATED DOCUMENTATION ARE MADE ACCESSIBLE TO VIEWERS FOR FREE AT CANOPYCANOPYCANOPY.COM EDUCATION: THE PUBLICATION INTENSIVE IS A FREE, 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily M Kleiman Director | Officer | 40 | $51,520 |
Donn Zaretsky Secretary | OfficerTrustee | 1 | $0 |
Steven Goldglit Treasurer | OfficerTrustee | 1 | $0 |
Malik Gaines Interim President | OfficerTrustee | 1 | $0 |
Susan Sellers Vice President | OfficerTrustee | 1 | $0 |
Josh Kline Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $44,312 |
| Fundraising events | $57,400 |
| Related organizations | $0 |
| Government grants | $170,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $300,459 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $572,671 |
| Total Program Service Revenue | $85,122 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,079 |
| 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 | $664,989 |
| 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. | $61,312 |
| Compensation of current officers, directors, key employees. | $6,131 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $388,115 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $53,079 |
| Payroll taxes | $35,160 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,945 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $208,851 |
| Advertising and promotion | $2,209 |
| Office expenses | $15,369 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $84,214 |
| Travel | $535 |
| 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 | $697 |
| All other expenses | $7,908 |
| Total functional expenses | $932,351 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $617,447 |
| Savings and temporary cash investments | $2,422 |
| Pledges and grants receivable | $45,000 |
| Accounts receivable, net | $44,625 |
| 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 | $8,385 |
| Net Land, buildings, and equipment | $31,419 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $171 |
| Other assets | $22,470 |
| Total assets | $771,939 |
| Accounts payable and accrued expenses | $73,858 |
| 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 | $102,600 |
| Other liabilities | $7,896 |
| Total liabilities | $184,354 |
| Net assets without donor restrictions | $563,685 |
| Net assets with donor restrictions | $23,900 |
| 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 | $771,939 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Canopy Canopy Canopy Inc has recieved totaling $152,500.
| Awarding Organization | Amount |
|---|---|
Tides Foundation San Francisco, CA PURPOSE: HEALTHY INDIVIDUALS AND COMMUNITIES | $100,000 |
Opaline Fund San Francisco, CA PURPOSE: GENERAL OPERATING SUPPORT | $40,000 |
Brown Foundation Inc Houston, TX PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Arison Arts Foundation Coral Gables, FL PURPOSE: GENERAL SUPPORT | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Performance Review Institute Inc Warrendale, PA | $74,694,465 | $42,815,654 |
First Look Media Works Inc New York, NY | $8,923,263 | $13,712,748 |
Princeton University Press Princeton, NJ | $151,044,829 | $27,595,157 |
Technology Review Inc Cambridge, MA | $6,822,000 | $19,424,000 |
Project Veritas Mamaroneck, NY | $11,883,753 | $22,034,786 |
Journal Of Bone And Joint Surgery Inc Needham, MA | $35,717,891 | $10,120,492 |
Machon Mashe Rockeach Inc Brooklyn, NY | $2,473,215 | $8,597,419 |
Harpers Magazine Foundation New York, NY | $1,648,663 | $7,386,851 |
Retro Report Inc Mystic, CT | $1,128,827 | $6,590,447 |
The New Press Inc New York, NY | $10,475,881 | $7,017,448 |
National Braille Press Inc Boston, MA | $10,542,006 | $5,176,920 |
Medical Letter Inc New Rochelle, NY | $4,157,236 | $5,090,906 |