Cincinnati Pride Inc
Nonprofit profile at a glance
- EIN
- 463681791
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Cincinnati, OH, USA
- Phone
- 5132073544
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Services N.E.C.
Reported finances
- Revenue
- $702,180
- Expenses
- $606,034
- Assets
- $271,520
- Liabilities
- $589
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- BENJAMIN MORANO (PRESIDENT)
People named in this filing
- JEREMY JAY PHILLIPPI (FESTIVAL CHAIR)
- J TYLER HALL (TREASURER)
- CHARLA KEITH (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Cincinnati pride, inc. Was organized to celebrate and educate the public about the rich historical and cultural legacy of lesbian, gay, bisexual, and transgender ("lgbtq+") people, and to instill pride in the members of the lgbt community in their identity. Its mission is to build community, to expand understanding, and to eliminate prejudice, discrimination, and misunderstanding to which lgbtq+ people have been historically subjected. To achieve this mission cincinnati pride, inc. Holds annual public events. These events are educational, informational, cultural, and also provide entertainment. They are intended to bring people together to foster a true sense of unity.
What it reported doing in 2024
The primary activities of cincinnati pride, inc. Are the annual cincinnati lgbtq+ pride parade, pride festival, and related events. The purpose of the parade, festival, and related events is to bring people, nonprofit organizations, and businesses that are part of the lgbtq+ community or are supportive of the lgbtq+ community to share information, encourage cooperation, and celebrate lgbtq+ culture and history.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 96% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 86
- Accountability: 76
- Sustainability: 57
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.8%; rating input score 82
- Program expense ratio: 94.8%; rating input score 95
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 12th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 13.7%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 0.45; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 14.5% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: 13.4% per year; rating input score 100; 75th percentile among comparable filings
- Asset growth: 10.6% per year; rating input score 100; 61st percentile among comparable filings
Details
- Where the money goes: 81.8% of revenue deployed · 94.8% of spending went to programs
- Governance: 14 of 14 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $574K in reported program spending
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 21 of 21 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Sustainability: Total-asset coverage ratio scored 21/100.