In all incarnations of the show Frank is a Transvestite from Planet Transsexual (Riffraff, Magenta and the unconventional conventionists all hail from the same moon drenched shores) in the Galaxy of Transylvannia (the line ends with the word "aliens!")
But I guess the word is open to all manner of submissions.
http://www.youtube.com/watch?v=qnALvhwlMmw&feature=related