Concrete Couch

Analysis

Concrete Couch is a registered charity in United States, based in Colorado Springs, CO. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Concrete Couch reported income of $397k and spending of $300k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $423k to $397k (-6.3%), an average of -1.6% a year. The sharpest change came in the year to December 2022, when income rose by 71%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Concrete Couch sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within CO. Charities of a similar size with the same main cause include Wirth Center for the Performing Arts ($397k), Artists Archives of the Western Reserve ($397k) and Marion Cultural Alliance Inc ($397k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $60k (20% of expenses). Other salaries and wages came to $153k. At year end it held assets of $791k against liabilities of $0, net assets of $791k. It reported 13 employees.