Can you write a successful musical that's not based in the past?

I'm just curious. I want to attempted to write a musical based in the times of today and I want it to be about a family in a small town. But all of the musicals, I've seen are based in the past like Hairspray, Grease, Phantom of the Opera, etc. The only one I can think of that isn't is Legally Blonde and that's probably because it's based on a movie. Is it possible to write a musical based in this day and age?

Can you write a successful musical that's not based in the past?opera score

Forget what you see. Write what you feel. Don't try to copy.

What you write is an original and it is not a copy. Be true to your creative muses. GO FOR IT.

Can you write a successful musical that's not based in the past?musicals opera theater

Yes- the stories of Avenue Q and Rent were both contemporary with the times they were written in.
Wouldn't HSM qualify?
You can write about anything that sparks your interest. That's why it's such a liberating artform. In all actuality, there are no rules to writing. You can write anything you want, the only thing you have to keep in mind is that if your message isn't clear, or has no substance, no one will want to see it.
There is theatre shows based in the future (like We Will Rock You for example), however, don't think you have to copy everyone elses work!

It's your choice when/where to base a musical, so have fun with it and make up all sorts of ideas =]
Yes. But it would be good for your music to match your time period. That's what makes Hairspray fun, its got 60s-pop feel, The Wedding Singer has an 80s feel, Chicago has the 1920s nightclub-ness. Also there are plenty of shows that are timeless and can really be set in anytime or that do not really focus on time period like Company and Gospel.