Contracommon
Nonprofit profile at a glance
- EIN
- 301123806
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2019
- Location
- Bee Cave, TX, USA
- Phone
- 2148834201
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $169,252
- Expenses
- $131,450
- Assets
- $92,163
- Liabilities
- $697
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Amar Gupta (President)
People named in this filing
- Amar Gupta (President)
- Rachel Spits (Secretary)
- Rockell Betancourt (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Contracommon empowers under-represented artists in Central Texas through community, collaboration, and creative exploration.
What it reported doing in 2024
Community Events and Workshops. Provide opportunities for the public to experience art, learn art techniques or just be in community with one another while expressing creativity. Events include exhibition receptions, educational workshops, pop-up markets, festivals, performances, studio tours and more. We hosted 9 educational workshops serving 61 participants, 3 festivals hosting 93 performers and artists, 4 pop-up markets featuring 32 artist vendors, 13 community-oriented creative sessions serving 118 participants, and 8 exhibition receptions with 582 total attendees.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 60
- Transparency & Controls: 100
- Sustainability: 55
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 54.2%; rating input score 54
- Program expense ratio: 69.8%; rating input score 70
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 22.3%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 0.7; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 44; 44th percentile among comparable filings
- Officer compensation ratio: 70.5%; rating input score 1; 1st percentile among comparable filings
Growth
- Program expense growth: 26.8% per year; rating input score 100; 82nd percentile among comparable filings
- Revenue growth: 16.1% per year; rating input score 100; 79th percentile among comparable filings
- Asset growth: 25.9% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 54.2% of revenue deployed · 69.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $92K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 54/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
- High — Sustainability: Officer compensation ratio scored 1/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 44/100.