PRISM GAY MEN AND ALLIES CHORUS CORPORATION

EIN: 814283694 501(c)(3) Arts, Culture & Humanities

ROYAL OAK, MI

Total Revenue
$318,022
Total Expenses
$286,940
Total Assets
$119,040
Net Assets
$86,559
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MI
Principal Officer
Jeffrey Foust
Phone
7343303704
Tax Period
2024-07-01 to 2025-06-30

PRISM GAY MEN AND ALLIES CHORUS CORPORATION, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $318K in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $287K left a modest 10% surplus.

Mission

PRISM is a volunteer, non-profit, performing arts organization whose mission is to provide an inclusive and affirming space for LGBTQIA+ and allies by fostering a creative space through creating music, building community, and promoting equity through performance and outreach. We will achieve this through the production of quality and entertaining performances where all people are empowered to live their lives authentically. PRISM seeks to impact the local and national community by enriching lives through community service, philanthropy, and scholarship.

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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 (2024)

Revenue Breakdown

Contributions & Grants $132,031
Program Service Revenue $186,698
Investment Income $0
Other Revenue $-707
TOTAL REVENUE $318,022

Expense Breakdown

Grants Paid $0
Salaries & Benefits $39,900
Fundraising Expenses $0
Program Expenses $254,647
Other Expenses $247,040
TOTAL EXPENSES $286,940

Year-over-Year Comparison

2024 2023 Change
Revenue $318,022 $222,098 +0.4%
Expenses $286,940 $155,719 +0.8%
Net Income $31,082 $66,379 -0.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Shane Dunbar Chairman 10.00
Officer Director
$0 $0 $0
Gerald Ashby Jr VICE CHAIRMAN 8.00
Officer Director
$0 $0 $0
Jantz Black Secretary 6.00
Officer Director
$0 $0 $0
Jeffrey Foust Treasurer 12.00
Officer Director
$0 $0 $0
Joel Sobieray Director 4.00
Director
$0 $0 $0
Allen Stock Director 4.00
Director
$0 $0 $0
John Joanette Director 4.00
Director
$0 $0 $0
Irby Cox Director 4.00
Director
$0 $0 $0
Paul Kesman Director 4.00
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 $318,022 $286,940 $119,040 $31,082
2024 $222,098 $155,719 $92,279 $66,379
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