The film 'The Nome Prince and the Magic Belt' does not include any discernible LGBTQ+ characters or themes. Its storyline, focused on a fantasy adventure, does not incorporate elements related to queer identity or experiences, resulting in no depiction.

The film does not feature identifiable transsexual characters or themes. The narrative includes a magical gender transformation (Tip to Ozma), but this is framed as the undoing of a spell and the restoration of a pre-existing identity, not a portrayal of transsexual identity or experience.

The film features female characters such as Dot and Andrea who participate in the adventure. However, their methods of overcoming male antagonists, primarily the Nome Prince and his Nomes, rely on magic, the use of the magic belt's powers, or strategic thinking, rather than direct physical combat through skill, strength, or martial arts.

This animated film adapts L. Frank Baum's Oz stories. The Nome Prince, a character consistently male in the source material, is portrayed as male in this adaptation. No other major characters appear to have undergone a gender change from their established canon.

This animated adaptation of L. Frank Baum's Oz books depicts its human characters, such as Dorothy and Ozma, consistent with their established racial portrayals in the source material and prior adaptations. Non-human characters like the Nome Prince are also depicted as expected.