Book Manufacturers Institute Inc is located in Bradenton, FL. The organization was established in 1943. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Book Manufacturers Institute Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Book Manufacturers Institute Inc generated $463.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $446.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
-SERVING THE BEST INTERESTS OF THE MEMBERS OF THE BOOK MANUFACTURING INDUSTRY -TO PROVIDE A FORUM FOR DISCUSSION OF COMMON INTRA-INDUSTRY ISSUES ASSOCIATED WITH BOOK MANUFACTURING -TO ENCOURAGE LAWFUL COOPERATIVE ACTION TO ADVANCE COMMON MEMBER PURPOSES -TO PROMOTE UNDERSTANDING WITHIN THE BOOK MANUFACTURING COMMUNITY AND WITH OTHER INDUSTRIES AND ASSOCIATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVING THE BEST INTERESTS OF THE MEMBERS OF THE BOOK MANUFACTURING INDUSTRY
SERVING THE BEST INTERESTS OF THE MEMBERS OF THE BOOK MANUFACTURING INDUSTRY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Daniel Bach Executive VP | 40 | $126,400 | |
Matt Baehr Executive VP | Officer | 40 | $20,833 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $224,126 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $224,126 |
Total Program Service Revenue | $172,176 |
Investment income | $29,521 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $11,924 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $463,787 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $160,750 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $37,719 |
Payroll taxes | $11,124 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $15,240 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $3,629 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $24,536 |
Information technology | $9,150 |
Royalties | $0 |
Occupancy | $505 |
Travel | $2,884 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $180,073 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $549 |
All other expenses | $0 |
Total functional expenses | $446,159 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $58,044 |
Savings and temporary cash investments | $488,355 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $609 |
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 | $24,115 |
Net Land, buildings, and equipment | $508 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $571,631 |
Accounts payable and accrued expenses | $91,041 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Total liabilities | $91,041 |
Net assets without donor restrictions | $480,590 |
Net assets with donor restrictions | $0 |
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 | $571,631 |
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