Buffalo Gay Mens Chorus Inc

Nonprofit profile at a glance

EIN
161604608
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024
Location
Buffalo, NY, USA
Phone
7168831277
Rating
50
Verdict
MIXED
Rating confidence
Moderate
Sector
Singing, Choral

Reported finances

Revenue
$89,732
Expenses
$79,626
Assets
$37,865
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • Tim Mahiques (President)
  • Rachel Fangsrud (Vice President)

People named in this filing

  • Tim Mahiques (President)
  • Rachel Fangsrud (Vice President)
  • Ben Mason (Secretary)

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

To encourage and support choral musical development and public performances in the City of Buffalo and elsewhere and at the same time to promote quality performance of male group singing, and through such activities and related efforts, to enhance the cultural experience and environment in the Western New York area of promotion, performance and enjoyment of male choral music.

What it reported doing in 2024

To encourage and support choral musical development and public performance in the City of Buffalo and elsewhere and at the same time to promote quality performance of male group singing, and through such activities and related efforts, to enhance the cultural experience and environment in the Western New York are of promotion, performance and enjoyment of male choral music.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 62% for direct work, and 38% for member benefits.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 15
  • Transparency & Controls: 100
  • Sustainability: 47
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 14.2%; rating input score 14
  • Program expense ratio: 16%; rating input score 16

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: 11.3%; rating input score 64; 64th percentile among comparable filings
  • Total-asset coverage ratio: 0.48; rating input score 29; 29th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 30.1%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: -10.5% per year; rating input score 0; 27th percentile among comparable filings
  • Revenue growth: -5.9% per year; rating input score 0; 32nd percentile among comparable filings
  • Asset growth: -2.9% per year; rating input score 0; 29th percentile among comparable filings

Details

  • Where the money goes: 14.2% of revenue deployed · 16% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $13K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 14/100.
  • High — Financial Efficiency: Program expense ratio scored 16/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 29/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.