GAY MENS CHORUS OF CHARLOTTE

EIN: 205361365 501(c)(3) Philanthropy & Grantmaking

Charlotte, NC

Total Revenue
$370,855
Total Expenses
$379,940
Total Assets
$5,019
Net Assets
$-36,881
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
NC
Principal Officer
John C Quillin
Phone
7045499202
Tax Period
2023-07-01 to 2024-06-30

GAY MENS CHORUS OF CHARLOTTE, founded in 2007, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $371K in total revenue in fiscal year 2023. Revenue surged 50% from the prior year, signaling strong growth momentum.

Mission

Through artistic achievement, education, and engagement, the Gay Men's Chorus of Charlotte endeavors to create a society which values and respects its lesbian, gay, bisexual and transgender members.

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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 (2023)

Revenue Breakdown

Contributions & Grants $275,106
Program Service Revenue $51,894
Investment Income $0
Other Revenue $43,855
TOTAL REVENUE $370,855

Expense Breakdown

Grants Paid $0
Salaries & Benefits $205,212
Fundraising Expenses $11,495
Program Expenses $330,594
Other Expenses $174,728
TOTAL EXPENSES $379,940

Year-over-Year Comparison

2023 2022 Change
Revenue $370,855 $246,515 +0.5%
Expenses $379,940 $239,433 +0.6%
Net Income $-9,085 $7,082 -2.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
10
Employees
N/A
Volunteers
125

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
5
$0
Total Directors
11
$60,000
Key Employees
1
$60,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Quillin Managing Artistic Director 40.00
Director Key Emp
$60,000 $0 $60,000
Eric Tinseth Chairman 5
Officer Director
$0 $0 $0
Samantha Dreckman Secretary 5
Officer Director
$0 $0 $0
Patrick O'Brien Treasurer 5
Officer Director
$0 $0 $0
Christopher Raines Director 2
Director
$0 $0 $0
Monique Brandon Director 2
Director
$0 $0 $0
Joseph Campos Director 2
Officer Director
$0 $0 $0
Julianna DeMicco Director 2
Officer Director
$0 $0 $0
Marc Logan Director 2
Director
$0 $0 $0
Bettina Wirz Director 2
Director
$0 $0 $0
Robert Walker Director 2
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
2024 $370,855 $379,940 $5,019 $-9,085
2023 $246,515 $239,433 $57,837 $7,082
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