Concrete Couch EIN 20-2325992

Concrete Couch

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Designs and builds public art, training students in the process. For fiscal year 2024 it reported $392K in revenue, $358K in expenses, and $825K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Colorado Springs, CO
Website
www.concretecouch.org
Filings
5 on file (2020–2024)
Revenue
$392KFY2024
Expenses
$358K
Net assets
$825K
People
12
Filings
5
Updates
0
More identity details & actions ⌄
EIN  20-2325992 Public charity (501(c)(3)) Colorado Springs, CO
Form 990 (PDF)
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Size
$100K–1M
What they do
Designs and builds public art, training students in the process.
Leadership
Steve Wood · Executive Director · $62K
Money in and out
$392K revenue, $358K expenses
Bottom line
63% program efficiency
Where the money goes · FY2024
Total revenue
$392K
Pt VIII · Ln 12
Total expenses
$358K
Pt IX · Ln 25
Net assets
$825K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $34K
Where spending went · Part IX cols B–D
Program services $0.63 Management & general $0.37
Program efficiency
63%
of spending reaches programs<0.01% vs prior filing year
Operating runway
17.4mo
months of highly liquid reserves at operating expense rate▼ -20% vs prior filing year
Surplus margin
+9%
revenue over expenses, this year▼ -64% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$392K
FY2024▼ -1%
Expenses
$358K
FY2024▲ +19%
Total assets
$825K
FY2024▲ +4%
Total liabilities
$0
FY2024
Total revenue
$392K
Pt VIII · Ln 12
Total expenses
$358K
Pt IX · Ln 25
Net assets
$825K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$34K
Total assetsPt X · Ln 16$825K
Program-expense ratioPt IX · col B63%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

1 program service account for $224K of program spending, described in the organization's own filed words · FY2024.
01

Design and build public art and light infrastructure with community groups. Foster interdisciplinary, community-based music and theater programs involving job training, science and math elements.

$224Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CConcrete Couch
EINHdr · item D20-2325992
Principal addressHdr · item CColorado Springs, CO
WebsiteHdr · item Jwww.concretecouch.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A51)
Ruling yearIRS BMFNov 2005

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$62,292Pt VII · Sec A
Vice President (began 1/13/24)
$0Pt VII · Sec A
Secretary (thru 7/31/24)
$0Pt VII · Sec A
Treasurer (began 1/18/24)
$0Pt VII · Sec A
Director (began 1/13/24)
$0Pt VII · Sec A
Director (began May 2024)
$0Pt VII · Sec A
President (began 1/13/24)
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Steve Wood’s $62K as Executive Director is at the 57th percentile of top reported officer pay among 2212 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2021FY2020
Steve Wood$62,292$60,000$54,542$49,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$332K · 85%
Program service revenue$57K · 15%
Investment income$3K · 1%
Contributions & grants85%$332K
Program service revenue15%$57K
Investment income1%$3K
Total revenueLn 12$392K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.63 Management & general $0.37
Program services63%$224K
Management & general37%$134K
Total functional expensesLn 25$358K

Balance Sheet

Part X · end of year
CashLn 1$474K
Total assetsLn 16$825K
Total liabilitiesLn 26$0
Total net assetsLn 32$825K
Months of cash on handcomputed15.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $474K · Operating expenses (Pt IX) $358K · Less non-cash grants $32K · Cash operating expenses/yr $326K
17.4 months
Where the money goes
Program services
Program services $224K · Total expenses $358K
63%
Management & General
Management & general $134K · Total expenses $358K
37%
Fundraising
Fundraising $0 · Total expenses $358K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $337K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $332K · Total revenue $392K
85%
Government reliance
Government grants — · Total revenue $392K
Earned-income share
Program service revenue $57K · Total revenue $392K
15%
Investment reliance
Investment income $3K · Total revenue $392K
+0.8%
Program self-sufficiency
Program service revenue $57K · Total expenses $358K
16%
Growth & trend
Revenue growth (YoY)
This year $392K · Prior year $397K
-1%
Revenue CAGR
FY2020 $336K · FY2024 $392K
+4%
Net-asset trend (YoY)
End of year $825K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $392K · Expenses $358K
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $825K
Net-asset ratio
Net assets $825K · Total assets $825K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $825K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Steve Wood · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $62K · Total expenses $358K
17%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $260K · Total expenses $358K
73%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 63%
Overhead ratio 37%
Fundraising cost ratio 0%
Revenue growth -1%
Legal fee ratio 0.7%
Accounting fee ratio 4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 2 funders$9K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$392K revenue · viewing · ⤓ 990 PDF
FY2023$397K revenue · ⤓ 990 PDF
FY2022$425K revenue · ⤓ 990 PDF
FY2021$248K revenue · ⤓ 990 PDF
FY2020$336K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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