Phoenix Pride Incorporated
- Assets
- $1.2m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 4
- Location
- Phoenix, AZ
- Founding
- 10/1991
- Data as of
- 12/2023
- EIN
- 86-0670912
Organization Overview
Phoenix Pride Incorporated, operating under the name Phoenix Pride, is located in Phoenix, AZ. The organization was established in 1991. According to its NTEE Classification (R30) the organization is classified as: Intergroup & Race Relations, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2023, Phoenix Pride employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phoenix Pride is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Phoenix Pride generated $2.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $2.5m during the year ending 12/2023. While expenses have increased by 6.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Phoenix Pride has awarded 47 individual grants totaling $641,254. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PHOENIX PRIDE UNITES, EDUCATES, AND ENGAGES PEOPLE TO SUPPORT AND EMPOWER THE LGBTQ COMMUNITY AND OUR ALLIES.
Describe the Organization's Program Activity:
THIS YEARS 26TH ANNUAL PHOENIX PRIDE PARADE BROUGHT TOGETHER OVER 225 DIVERSE PARADE ENTRIES 4,500 INDIVIDUAL PARTICIPANTS FROM THE METROPOLITAN PHOENIX AREA AND BEYOND TO APPROXIMATELY 13,000 SPECTATORS FROM THE GENERAL PUBLIC. PARTICIPANTS INCLUDED LOCAL, REGIONAL AND NATIONAL LGBTQ AND LGBTQ-FRIENDLY INDIVIDUALS AND ORGANIZATIONS FROM THE NON-PROFIT, PRIVATE AND PUBLIC SECTORS. PARTICIPATION BY GOVERNMENT OFFICIALS, GOVERNMENT SERVICES, PRIVATE CORPORATIONS AND CELEBRITIES CONTINUED TO MAKE SPECTATORS AND THE GENERAL PUBLIC AWARE OF THEIR SUPPORT FOR A PROSPEROUS LGBTQ COMMUNITY.
THE 42ND ANNUAL 2-DAY PHOENIX PRIDE FESTIVAL CONTINUED TO BE A GATHERING CREATED TO EDUCATE THE PUBLIC ABOUT THE EXISTENCE AND CONTINUING CIVIL RIGHTS BATTLE OF THE METROPOLITAN PHOENIX LGBTQ COMMUNITY, AS WELL AS FOR THE GENERAL PUBLIC TO CELEBRATE THE EXISTENCE OF ITS LGBTQ COMMUNITY. THE FESTIVAL HAD OVER 34,000 ATTENDEES AND PRESENTED OVER 235 EXHIBITORS AND OVER 200 ENTERTAINMENT PERFORMANCES ON 7 STAGES. PARTICIPATION BY GOVERNMENT OFFICIALS, GOVERNMENT SERVICES, PRIVATE CORPORATIONS AND CELEBRITIES CONTINUED TO MAKE THE GENERAL PUBLIC AWARE OF THEIR SUPPORT FOR A PROSPEROUS LGBTQ COMMUNITY. FUNDING FROM THE PRIDE FESTIVAL FUNDED 64,950 IN COMMUNITY GRANTS AWARDED TO 14 LGBTQ NONPROFIT ORGANIZATIONS AND PROGRAMS ACHIEVE THEIR MISSION. IN ADDITION, 53,000 IN PROGRAM FUNDING WENT TO THE PHOENIX PRIDE SCHOLARSHIP FUND, ADMINISTERED THROUGH THE ARIZONA COMMUNITY FOUNDATION, FROM WHICH TEN 10 5,000 COLLEGE SCHOLARSHIPS AND THREE 3 1,000 ATHLETIC SCHOLARSHIPS WERE AWARDED TO LOCAL LGBTQ COLLEGE STUDENT APPLICANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Fornelli Executive Director | Officer | 40 | $107,000 |
Tait Moline President | OfficerTrustee | 4 | $0 |
Daniel Eckstrom Vice President | OfficerTrustee | 4 | $0 |
Michael Bedrick Treasurer | OfficerTrustee | 4 | $0 |
Josh Kuhn-Mcroberts Secretary | OfficerTrustee | 4 | $0 |
Philip Sirois Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pride Group Event Rentals | 12/30/23 | $648,969 |
Total Sound Productions Audio-visual Services | 12/30/23 | $269,711 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $193,089 |
| Noncash contributions included in lines 1a–1f | $93,550 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $193,089 |
| Total Program Service Revenue | $1,571,828 |
| Investment income | $7,587 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $297,865 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,070,369 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $150,813 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $119,653 |
| Compensation of current officers, directors, key employees. | $10,679 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $192,473 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $23,072 |
| Payroll taxes | $13,334 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $235 |
| Fees for services: Accounting | $34,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $148,469 |
| Advertising and promotion | $23,479 |
| Office expenses | $66,639 |
| Information technology | $14,984 |
| Royalties | $0 |
| Occupancy | $58,343 |
| Travel | $61,344 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,553,461 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,861 |
| Insurance | $29,485 |
| All other expenses | $0 |
| Total functional expenses | $2,495,045 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $489,876 |
| Savings and temporary cash investments | $216,269 |
| Pledges and grants receivable | $19,629 |
| Accounts receivable, net | $18,795 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $38,527 |
| Net Land, buildings, and equipment | $20,305 |
| Investments—publicly traded securities | $254,959 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $146,377 |
| Other assets | $5,000 |
| Total assets | $1,209,737 |
| Accounts payable and accrued expenses | $84,580 |
| Grants payable | $0 |
| Deferred revenue | $53,095 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $62,432 |
| Total liabilities | $200,107 |
| Net assets without donor restrictions | $975,235 |
| Net assets with donor restrictions | $34,395 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,209,737 |
Grants Awarded
Over the last fiscal year, Phoenix Pride Incorporated has awarded $98,198 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
AZ COMMUNITY FND PURPOSE: SCHOLARSHIPS | $71,198 |
RIPPLEPHX PURPOSE: COMMUNITY GRANT | $10,000 |
DRAG STORY HOUR ARIZONA PURPOSE: COMMUNITY GRANT | $10,000 |
MULLIGANS MANOR PURPOSE: COMMUNITY GRANT | $7,000 |