Chicago Gay Mens Chorus

EIN: 363214067 501(c)(3)

CHICAGO, IL

Total Revenue
$477,985
Total Expenses
$479,064
Total Assets
$153,813
Net Assets
$145,059
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
IL
Principal Officer
Gary Schaider
Phone
7732960541
Tax Period
2023-07-01 to 2024-06-30

Chicago Gay Mens Chorus, founded in 1983, is a small nonprofit that reported $478K in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum.

Mission

The Organization is an inclusive, community-based performing arts organization that creates musical experiences to entertain and enlighten, inspire change, and build community. Through colorful performances that blend traditional choral music with musical theater, jazz and pop, and a gay aesthetic, we seek to delight our audiences, enrich our members and explore issues relevant to LGBT people and their alliesenlivening Chicagos cultural landscape and creating a better community for all.

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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 $189,742
Program Service Revenue $264,968
Investment Income $0
Other Revenue $23,275
TOTAL REVENUE $477,985

Expense Breakdown

Grants Paid $0
Salaries & Benefits $172,246
Fundraising Expenses $3,064
Program Expenses $412,778
Other Expenses $306,818
TOTAL EXPENSES $479,064

Year-over-Year Comparison

2023 2022 Change
Revenue $477,985 $349,835 +0.4%
Expenses $479,064 $375,826 +0.3%
Net Income $-1,079 $-25,991 -1.0%
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
10
Independent Members
10
Employees
4
Volunteers
100

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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Eric John Fredericks President 5.00
Officer Director
$0 $0 $0
Andrew Lindstad Vice President 5.00
Officer Director
$0 $0 $0
Sean Mallory Secretary 5.00
Officer Director
$0 $0 $0
Gary Schaider Treasurer 5.00
Officer Director
$0 $0 $0
Craig Blessing Director 1.00
Director
$0 $0 $0
James Hennessey Director 1.00
Director
$0 $0 $0
Greg Marquis Director 1.00
Director
$0 $0 $0
Antonio Musillami Director 1.00
Director
$0 $0 $0
Ed Pratt Director 1.00
Director
$0 $0 $0
Sean Waite Director 1.00
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
2025 No data No data No data No data
2024 $477,985 $479,064 $153,813 $-1,079
2023 $349,835 $375,826 $159,608 $-25,991
2022 $367,905 $336,532 $178,857 $31,373
2021 $210,197 $196,114 $172,763 $14,083
2020 $295,356 $241,160 $158,217 $54,196
2019 $351,027 $323,184 $87,655 $27,843
2018 $321,121 $294,147 $78,510 $26,974
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