CANOPY CANOPY CANOPY INC

EIN: 300537058 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$706,944
Total Expenses
$921,787
Total Assets
$516,364
Net Assets
$379,186
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NY
Principal Officer
EMILY M KLEIMAN
Phone
3475295182
Tax Period
2024-07-01 to 2025-06-30

CANOPY CANOPY CANOPY INC, founded in 2009, is a small nonprofit in the Arts, Culture & Humanities sector that reported $707K in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $922K exceeded revenue, resulting in a 30% operating deficit.

Program Service Accomplishments

Program 1
Expenses: $547,431 Revenue: $34,534

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...

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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. TCS 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 TCS 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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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $661,223
Program Service Revenue $34,534
Investment Income $0
Other Revenue $11,187
TOTAL REVENUE $706,944

Expense Breakdown

Grants Paid $0
Salaries & Benefits $566,017
Fundraising Expenses $199,436
Program Expenses $547,431
Other Expenses $355,770
TOTAL EXPENSES $921,787

Year-over-Year Comparison

2024 2023 Change
Revenue $706,944 $1,038,349 -0.3%
Expenses $921,787 $904,017 +0.0%
Net Income $-214,843 $134,332 -2.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
17
Independent Members
17
Employees
10
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$70,538
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EMILY M KLEIMAN DIRECTOR 40.00
Officer
$70,538 $0 $70,538
JOSH KLINE PRESIDENT 1.00
Officer Director
$0 $0 $0
SETH STOLBUN VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JENN JOY SECRETARY 1.00
Officer Director
$0 $0 $0
KATHERINE DIXON BOARD MEMBER 1.00
Director
$0 $0 $0
ANA SOKOLOFF BOARD MEMBER 1.00
Director
$0 $0 $0
DAVE STEINER BOARD MEMBER 1.00
Director
$0 $0 $0
LEIDY CHURCHMAN BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN CHAO BOARD MEMBER 1.00
Director
$0 $0 $0
REGAN LIN GRUSY BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS LEONG BOARD MEMBER 1.00
Director
$0 $0 $0
GREGORY R MILLER BOARD MEMBER 1.00
Director
$0 $0 $0
LYNNE TILLMAN BOARD MEMBER 1.00
Director
$0 $0 $0
MONICA DE LA TORRE BOARD MEMBER 1.00
Director
$0 $0 $0
COURTNEY WILLIS BLAIR BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN SELLERS BOARD MEMBER 1.00
Director
$0 $0 $0
ILANA HARRIS-BABOU BOARD MEMBER 1.00
Director
$0 $0 $0
OLUTADE OLULADE BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $706,944 $921,787 $516,364 $-214,843
2024 $1,038,349 $904,017 $818,367 $134,332
2023 $798,260 $816,099 $535,239 $-17,839
2022 $754,727 $904,305 $543,663 $-149,578
2021 $664,989 $932,351 $771,939 $-267,362
2021 $702,426 $930,259 $807,438 $-227,833
2020 $789,779 $985,449 $1,037,933 $-195,670
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