Phans for Racial Equity
Nonprofit profile at a glance
- EIN
- 853637338
- IRS 990-EZ coverage
- 2022–2023
- Forms available
- Form 990-EZ 2023, Form 990-N 2020
- Location
- Washington, DC, USA
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Intergroup, Race Relations
Reported finances
- Revenue
- $15,744
- Expenses
- $46,029
- Assets
- $105,505
- Liabilities
- $1,138
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Adam Lioz (President)
People named in this filing
- Adam Lioz (President)
- Malcolm Howard (Treasurer)
- Joey Ereneta (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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Phans for Racial Equity PHRE seeks to build an antiracist live music scene and promote liberation through racial equity in the world at large by activating the collective power of our community. We aim to dismantle White supremacy within the live music scene by facilitating thoughtful engagement around race and its intersection with other issues so fans can challenge discrimination and systemic oppression wherever they find it. When we are successful not only will all fans feel welcome in the live music scene but the collective power of our community will be activated to advance racial equity in the world at large. We hold ourselves accountable by centering fans of color amplifying their voices and prioritizing their well-being. We also acknowledge that we join an ongoing movement for racial equity and commit to supporting community-led organizations who are already working to advance social political and economic equality.
What it reported doing in 2023
Grant Programming: Prior to each of the shows PHRE established relationships with non-profit organizations that focused on supporting and advocating for criminal justice reform within the communities where the band was traveling to. PHRE raised awareness for these organizations during the shows both in-person and through social media platforms. PHRE partnered with the following organizations across the country: Lavender Rights Project Seattle WA Bay Area American Indian Two-Spirits San Francisco CA Gender Justice LA Los Angeles CA PA Youth Vote Philadelphia PA NYCLU New York NY Alabama Forward Montgomery AL GA Coalition for the People's Agenda Atlanta GA Southern Coalition for Social Justice Durham NC Native American Rights Fund Denver CO Equity Alliance Nashville TN Greater Cincinnati Voter Collaborative Cincinnati OH and Chicago Votes Chicago IL. Fans were encouraged to support these organizations by donating to PHRE with the understanding that PHRE would provide a matching donation of up to $1,000. In total PHRE distributed $23,205 to non-profit organizations. This also included support for programming events to previous non-profit partners including the Community Ecology Institute the RAPP Campaign and the Phish Studies Conference. The conference held at Oregon State University will feature research presentations and community events about the improvisational rock band Phish its fans and its culture. This gathering will represent diverse disciplinary approaches and feature scholars from across the country.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 61
- Transparency & Controls: 100
- Sustainability: 32
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81%; rating input score 81
- Program expense ratio: 27.7%; rating input score 28
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -192.4%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 2.29; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 30; 30th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -68.1% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: -159.9% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: -24.3% per year; rating input score 0; 9th percentile among comparable filings
Details
- Where the money goes: 81% of revenue deployed · 27.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $13K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2022 to 2023
- 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.
- High — Financial Efficiency: Program expense ratio scored 28/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Sustainability: Operating margin scored 5/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 30/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.