ROYAL OAK, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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.
We held two concerts during this past year. The first was our spring concert where we had approximately 105 singers perform for an audience of approximately 850 people. During the concert we awarded...
We held two concerts during this past year. The first was our spring concert where we had approximately 105 singers perform for an audience of approximately 850 people. During the concert we awarded our annual scholarship to a graduating high school senior going on to study in the performing arts. Our second concert was a Holiday concert, where we had approximately 100 singers perform for an audience of approximately 950 people.In addition to the concerts, we hold various community performances throughout the year including Motor City Pride, Royal Oak Family Pride, Christ Church Cranbrook services, University of Michigan art museum, and Ferndale holiday festival. These events were attended by over 1,000 individuals.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Shane Dunbar | Chairman | 10.00 |
Officer
Director
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$0 | $0 | $0 |
| Gerald Ashby Jr | VICE CHAIRMAN | 8.00 |
Officer
Director
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$0 | $0 | $0 |
| Jantz Black | Secretary | 6.00 |
Officer
Director
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$0 | $0 | $0 |
| Jeffrey Foust | Treasurer | 12.00 |
Officer
Director
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$0 | $0 | $0 |
| Joel Sobieray | Director | 4.00 |
Director
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$0 | $0 | $0 |
| Allen Stock | Director | 4.00 |
Director
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$0 | $0 | $0 |
| John Joanette | Director | 4.00 |
Director
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$0 | $0 | $0 |
| Irby Cox | Director | 4.00 |
Director
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$0 | $0 | $0 |
| Paul Kesman | Director | 4.00 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $318,022 | $286,940 | $119,040 | $31,082 |
| 2024 | $222,098 | $155,719 | $92,279 | $66,379 |
Compare PRISM GAY MEN AND ALLIES CHORUS CORPORATION with other nonprofits in Michigan and across the country.