Out Loud Inc

Nonprofit profile at a glance

EIN
383308062
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2021
Location
Ann Arbor, MI, USA
Phone
7342650740
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Music

Reported finances

Revenue
$101,782
Expenses
$71,411
Assets
$108,069
Liabilities
$5,101

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

Leadership & pay

9 people listed

Executive titles in this filing

  • Andrea Cooper (President)
  • Danielle Nicholls (Vice President)

People named in this filing

  • Andrea Cooper (President)
  • Danielle Nicholls (Vice President)
  • Morgan Benjamin (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

Out Loud Chorus is a mixed LGBTQ plus choir from Washtenaw County in Michigan. This means that we are a chorus of people of all genders. Many of us identify as lesbian, gay, bisexual, or transgender, although we are open to everyone who loves to sing and has an open mind. We are committed to putting on musically excellent shows that are entertaining and fun for our audiences. Because we are a non-auditioned chorus, our rehearsals teach both the songs we will perform and vocal techniques to sing them well. Each season, we produce shows for the general public. These productions are typically held on two successive weekend nights in both mid-January and mid-May.

What it reported doing in 2024

Two concert series, one in January and one in June, plus non-concert performances at various fairs and events as well as performances for local churches and other community organizations. The January concert series had 130 performers and approximately 921 people in the audience, including 705 people in person and 216 who viewed our performances online. The May concert series had about 113 performers and approximately 629 people in the audience, including 473 in person and 156 who viewed our performances online.

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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 100
  • Sustainability: 71
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66%; rating input score 66
  • Program expense ratio: 94%; rating input score 94

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: 29.8%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 1.51; rating input score 73; 73rd percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 30; 30th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 16.2% per year; rating input score 100; 72nd percentile among comparable filings
  • Revenue growth: 16.6% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: 33.9% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 66% of revenue deployed · 94% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $67K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • 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 — Sustainability: Liabilities to assets ratio scored 30/100.